Bangladesh Bank issues a new directive today

The central bank said banks will disburse Tk 60,000 crore in this fiscal year

City Bank has approved a proposal to raise its authorised capital from Tk 2,000 crore to Tk 3,000 crore.

Low financial literacy, concerns over cybersecurity discourage many consumers from using electronic payment methods

Hossain was appointed chief economist of Bangladesh Bank on a two-year contractual basis on July 1 last year. His tenure was therefore scheduled to run until June 30, 2027

Trade deals that secure preferential market access will become increasingly important for Bangladesh as it prepares to graduate from least developed country (LDC) status amid a tougher global trade environment, said a senior HSBC official

The proposed scheme could initially provide Tk 500 crore in loans to around 5,000 entrepreneurs

The move effectively allows Bangladesh Bank to continue running a bank through an appointed administrator beyond two years if circumstances warrant

The move effectively allows Bangladesh Bank to continue running a bank through an appointed administrator beyond two years if circumstances warrant

Under the incentive scheme, acquiring institutions will receive 0.10 percent of the transaction value, while issuing institutions will receive 0.20 percent, subject to certain conditions

Through the latest circular, the central bank has also cancelled its July 1 decision to set the minimum merchant discount rate (MDR) at 1 percent

The rules apply to scheduled banks, including digital banks, and finance companies undergoing immediate corrective measures or the resolution process

The central bank's latest data showed that only Cambodia performed slightly better, with its currency weakening by 0.44 percent during the period

Taxpayers filing their returns between July 1 and September 30 will qualify for a tax rebate of 5 percent of the tax payable, up to a maximum of Tk 25,000

The US dollar continues to gain against the taka amid increased demand for foreign currency to clear import bills

Bangladesh Bank released quarterly review report on sustainable finance

The Asian Development Bank (ADB) has appointed Qingfeng Zhang as its new country director for Bangladesh.

Funds can also be withdrawn for the treatment of immediate family members, including parents, spouses, children, and siblings, as well as for other urgent necessities

Banks must verify whether an applicant has any pending writ petition or other lawsuit against the government, Bangladesh Bank, or the bank concerned before extending any incentive package or policy support announced by the government or the central bank

Chowdhury, who joined National Bank in July last year, submitted his resignation letter to the board of directors earlier this week