Bangladesh Bank (BB) today introduced a Tk 10,000 crore revolving refinance scheme aimed at increasing agricultural production, strengthening food security and creating jobs in rural areas.

Under the scheme, banks and financial institutions will be able to access refinance support at an interest rate of 2 percent and lend to eligible borrowers at a maximum rate of 5 percent

The leaders of the Editors’ Council meet the central bank chief

The resignation is subject to regulatory approval

The Bangladesh Bank is now reconsidering an application by Meghna Group of Industries to obtain an $80 million loan from the International Finance Corporation for the purchase of four ships, after initially turning it down.

BB spokesperson Arief Hossain Khan made the remark amid widespread criticism and controversy surrounding the appointment of the new chairman of Islami Bank

The board meeting, initially scheduled to be held physically, could not take place due to demonstrations by the Islami Bank Customer Forum

Bangladesh Bank Executive Director and Spokesperson Arief Hossain Khan told journalists that no banking decision will be determined by street protests, stressing that the central bank will act strictly in accordance with the law and institutional interests, free from any form of pressure or emotion

Tension flared again outside the headquarters of Islami Bank Bangladesh PLC this morning as police dispersed protesting customers demanding the resignation of the bank's newly appointed chairman.

Customers in several areas of Dhaka on Sunday and Monday found ATM services of many banks unavailable

The appointment of Alam has sparked widespread discussion in the banking sector

He submitted his resignation letter to the governor of Bangladesh Bank

It dropped 34 percent year-on-year to $2.81 billion during July-April of FY26

They have also been instructed to provide services such as cash deposits, withdrawals and account opening facilities for traders and customers

Liquidity management remained another major concern for the banking sector

Neither Bangladesh Bank nor the finance ministry had officially communicated with them despite a silent protest and memorandum submitted on May 6

The central bank announced the package at a press conference held at its headquarters in Dhaka today

Prime Bank PLC has announced a 30 percent dividend, including a 25 percent cash dividend, for the year that ended on December 31, 2025.

BB Governor Md Mostaqur Rahman gave the instruction at a meeting between the central bank and treasury heads of commercial banks

Customers must complete a card transaction of up to Tk 500 and wait 24 hours before linking the card to an MFS account