Bangladesh Bank purchased another $313 million from 22 commercial banks in an auction yesterday, reacting to the sharp drop in the US dollar rate.

Bangladesh Bank (BB) has lowered the standing deposit facility rate, also known as the reverse repo rate, by 50 basis points to 8 percent, with effect from today.

In January this year, the MD was sent on forced leave over loan irregularities linked with S Alam Group

The Bangladesh Financial Intelligence Unit wants the information by July 15

Deposit and investment growth in the country’s Islamic banks fell to a four-year low in the first quarter of 2025, apparently driven by rising public concerns over the financial stability and governance practices of the commercial lenders.

But 25% of the interest income must go to the Investors’ Protection Fund, says a July 3 gazette

Local banks can now lend up to 60% of project cost to foreign firms

Eleven more banks that were hit by irregularities and scams during the Awami League government’s tenure are set to undergo an asset quality review (AQR) by global audit firms.

Remittance inflows crossed the $30 billion mark on Saturday, two days before the fiscal year is due to end, making it the highest receipts yet in Bangladesh’s history.

Finance ministry sits with different banks to find ways to boost investment in stock market

The Asian Development Bank has approved a $900 million loan to help Bangladesh reform its banking sector and strengthen its resilience to the impacts of climate change.

BB, finance ministry and BSEC representatives will be included in the committee

The Bangladesh Bank (BB) will soon start the process to merge five Islamic banks into a single large bank, said Bangladesh Bank Governor Ahsan H Mansur yesterday.

BRAC Bank PLC, one of the leading private commercial banks in the country, has announced that its board has approved the issuance of a Tk 1,000 crore social subordinated bond.

It rose 131% year-on-year as of March of 2025

The share of deposits at Islamic banks declined in the January-March quarter of 2025, continuing a recent downward trend.

Janata Bank PLC plunged into massive losses in 2024 as its net interest income dropped significantly.

HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets.

Order also given to run banking activities until 10 pm in the branches

Bangladesh Bank issued a notice in this regard today