SCB plans to wind down its retail banking operation in Bangladesh, according to officials

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

Forbes grouped banks into six asset-size tiers, placing BRAC Bank in Tier 5, the lower mid-size category

The central bank sold $11.50 million to six banks yesterday

Industrial enterprises registered with the Invest Bangladesh Authority, formerly known as BIDA, will no longer need to obtain separate approval from Bangladesh Bank to take medium- and long-term external loans

Previously, importers required prior approval from Bangladesh Bank for commodity price hedging

At around 7:30am, the sacked employees gathered outside the bank for the second consecutive day to demand reinstatement

For current CEOs, the first assessment period will run from October 1, 2026 to March 31, 2027

The central bank took the decision after a special inspection of Bangladesh Commerce Bank’s head office and principal branch following allegations of misappropriation of Tk 5 crore belonging to depositors

Among the individual channels, RTGS transactions rose 26.09 percent to Tk 50,461 crore in June

Around 12,000 new customers applied to withdraw Tk 331 crore today

Under the new directive, banks must complete verification of the academic credentials of all existing employees by March 31, 2027

Finance and Planning Minister Amir Khosru Mahmud Chowdhury today said the government is working to raise the contribution of the creative economy to 2 to 3 percent of the country’s gross domestic product (GDP).

Loans below Tk 1 crore may continue to be valued by the banks' internal management

The 21 officials cleared of their penalties are: Commissioner (Current Charge) Md Zakir Hossain; joint commissioners of taxes Morshed Uddin Khan, Masuma Khatun, Md Mamun Mia, Monalisa Shahreen Sushmita and Md Sanwarul Kabir; additional commissioners of taxes Murad Ahmed, Mirza Ashiq Rana, Hasan Muhammad Tarek Rekabdar, Sifat-e-Mariam, Sultana Habib, Chand Sultana Chowdhurany, AAM Amimul Ehsan Khan and Sadhan Kumar Kundu; deputy commissioners Imam Tauhid Hasan Shakil, Md Zillur Rahman, Mohammad Saidul Islam, Mohammad Shihabul Islam and Md Shahadat Jamil; and revenue officers Sobuj Mia and Shafiul Boshr.

The credit can cover utility bills, mobile recharges, education and healthcare costs, travel expenses, taxes and government service fees, deposit instalments, and insurance premiums

Banks may facilitate outward remittances within prescribed limits without prior approval from the central bank or the Bangladesh Hi-Tech Park Authority

Selected entrepreneurs will receive training, mentorship, assistance with registration and business plans, and market-linkage support