United Islami Bank Launches Next Week
Bangladesh Bank Governor Ahsan H Mansur today announced that United Islami Bank PLC, formed through the merger of five financially distressed Shariah-based banks, is...
China Eyes Investment in Bangladesh’s Green Tech and Jute
Chinese investors are interested in investing in Bangladesh’s green technology, jute, textiles, and pharmaceutical sectors, said Yang Dongning, Vice President of the Export-Import Bank...
Govt to Launch Separate Bank for Small Entrepreneurs
The government has taken the initiative to establish a Microcredit Bank to develop young and marginalized people of the country as entrepreneurs. These banks...
Eight NBFIs Face Dissolution, Triggering Fresh Market Panic
The decision to disband a number of non-bank financial institutions (NBFIs) due to inadequate financial conditions has caused further market panic. The central bank...
Bangladesh Bank Reports NPLs Soar to 35.7%
The banking sector in Bangladesh is grappling with a sharp rise in non-performing loans (NPLs), reaching alarming levels, according to the latest data from...