The banking regulator also raised interest rate to 6%

However, the figure, $2.76 billion, is 3% higher year-on-year

Bangladesh Bank today announced a series of measures to expand Bangla QR, the country's interoperable QR payment standard, including lower merchant costs, instant settlement and incentives for financial institutions.

Five private commercial banks are set to raise a combined Tk 3,500 crore through bonds to strengthen their capital bases and expand their financing capacity.

Bangladesh Bank (BB) has issued its first full guidelines on Islamic credit cards, barring banks from earning more when customers' debts grow or when they pay late

The financing will support MSL's expansion of its polyester chips production capacity from 107 tonnes to 407 tonnes per day and refinance short-term local working capital loans.

StanChart may wind down its retail operations by 2028

Bangladesh Bank has allowed residents to buy tickets from foreign airlines operating in Bangladesh using international cards, even when the airlines settle the payments outside the country.

Under the new framework, if a customer's account is debited but the transaction conclusively fails — meaning the merchant never received the money — the issuing bank or MFS provider must automatically reverse the amount without requiring the customer to file a complaint, in real time or within 30 minutes at most

Apex Footwear has decided to raise up to Tk 500 crore through redeemable preference shares to refinance its existing loans and reduce its debt burden

Ideally, responsibility should not need to be forced. But if voluntary efforts have not been sufficient, a minimum regulatory push may be justified. What matters is what happens beyond that minimum

The five entities are DK Digital Bank Ltd, bKash Digital Bank, Nova Digital Bank, Boost Digital Bank, and Kori Digital Bank

M Morshed Khan is one of the five Citycell officials against whom MTB filed a case

Bangladesh Bank has instructed banks to keep their branches involved in Hajj activities open on the upcoming Friday and Saturday, or September 25 and 26, to facilitate payment of registration fees for the 2027 Hajj.

Nafis Sikder, vice chairman of Prime Bank, said he would buy 18.85 lakh shares of the bank at the prevailing market price through the block market of Dhaka Stock Exchange (DSE) within the next month.

Anis said he would receive the shares as a gift from his father, M Ghaziul Haque, a general shareholder of the bank, outside the exchange’s trading system within the next month

Over the last couple of years, businesses have raised concerns over high interest rates on loans and urged the Bangladesh Bank (BB) to cut its policy rates to reduce the cost of funds

Under the new rules, a representative director must be the managing director or a director of the shareholder company

From October 1, all payments made through Bangla QR must be credited immediately to the respective merchant accounts

BB also requests BTRC to remove illegal loan apps