Padma Bank, formerly Farmers Bank, has sunk into such a financial abyss that the lender is struggling to pay its employees’ monthly salaries and has sought a Tk 5,000 crore bailout package from Bangladesh Bank to stay afloat.

Migrants sent home $2.18 billion in the first month of 2025

Islamic banking deposits hit Tk 432,937 crore in October, a 0.31% drop from September

Pubali Bank PLC opened its relocated Narayanganj regional office, along with the Narayanganj branch, Islamic banking window, and the Narayanganj digital booth of Pubali Bank Securities Limited, with a commitment to providing modern banking services.

Ahsan H Mansur says at a national workshop of the Microcredit Regulatory Authority

“I assure that you will get your money or bonds in phases,” said Mansur at a national workshop on microfinance in Bangladesh today. 

Finance Adviser Salehuddin Ahmed yesterday said that increasing the efficiency of the National Board of Revenue (NBR) is essential for the growth of trade and commerce in the country.

FBCCI administrator urges Bangladesh Bank

Farm and rural loan disbursements by banks fell by more than one-fifth in the first four months of fiscal year (FY) 2024-25, owing to a dip in the flow of credit mainly from foreign and private banks..Banks lent Tk 9,391 crore in the July-October period of this fiscal year, according to da

Bangladesh paid $1.98 billion in principal and interest in Jul-Dec of 2024, up from $1.57 billion in the same period the previous year

Governor Ahsan Mansur mentioned that the Bangladesh Financial Intelligence Unit has formed 11 teams to trace and reclaim assets suspected of being acquired through embezzlement. These teams will also assist in prosecuting those responsible

Considering the sheer volume of Beximco’s debt, the government does not think it’s feasible to reopen the textile and garment factories that were taken out of production by the group, Labour Adviser Brig Gen (retd) M Sakhawat Hussain said yesterday.

Bangladesh Bank will float it in March this year

Business delegations of the two nations sat in a meeting today at the FBCCI

The clearance will be issued on a consignment basis under certain conditions

The private bank plans to issue 1,200 bonds, each with a face value of Tk 1 crore, to bolster its Tier-2 capital under Basel III regulations and enhance its regulatory capital base.  

Thousands of workers held a mass rally yesterday in Gazipur, demanding the reopening of all 16 factories which were shut down within the Beximco Industrial Park.

BB eases foreign travel policy for bank officials

The bank has been asked to submit another application nominating another suitable candidate

The interim government has not taken any of the measures recommended by the white paper on the state of the Bangladesh economy even after a month and a half of the report’s submission, said economists yesterday.