After Padma Bank, ICB Islamic Bank appears to be the next in line to be absorbed by a stronger bank under the central bank’s roadmap to clean up the banking sector and bring in corporate governance.
Customers spent Tk 2,678 crore in Jan this year, up from Tk 2,674 crore in Dec 2023
The central bank said in quarterly review on money and exchange rate
It hit $19.45 billion on March 27, down from $19.98 billion on March 20
Banks’ spending on socially impactful schemes as part of their corporate social responsibility (CSR) fell in the second half of 2023, said a central bank report yesterday..During the July-December period of last year, banks spent Tk 353 crore on CSR-related activities, which was 31 percent
A provision in the Income Tax Act 2023 created the discrimination
The move is likely to be fine-tuned to when the first major ones are launched
Bangladesh Bank has issued a detailed guideline today, including default loan recovery targets, alongside criteria over the appointment, reappointment and responsibilities of managing directors and chief executive officers (CEOs) of non-bank financial institutions (NBFIs).
New guideline on supervision charge issued
The Bangladesh Restaurant Owners' Association (BROA) claims
All stakeholders, including the citizenry, have for years been warning about the deteriorating health of Bangladesh's banking sector. Hard data such as those on the prevalence of default loans have also been indicating the same. .A recent Bangladesh Bank report is the latest to reaffirm
The bank will initially offer insurance products from MetLife Bangladesh and Green Delta Insurance
$1.29 billion import bills cleared last week, which brought down the reserves to $19.99 billion on Wednesday
Syed Nazrul Islam new first vice-president and Khandoker Rafiqul Islam senior vice-president
The minimum age of such directors is 45 years and maximum 75 years
Bangladesh Bank issues new guideline on wilful defaulters today
After December, the central bank will take decision on merger, acquisition