In a landmark move aimed at elevating environmental accountability within Bangladesh’s banking sector, United Commercial Bank PLC (UCB) has entered into a strategic partnership with Ernst & Young Advisory Services Bangladesh Limited (EY ASBL). The collaboration is designed to enhance UCB’s carbon accounting capabilities and strengthen its monitoring of greenhouse gas (GHG) emissions, representing a […]

Prime Bank PLC has taken a significant step forward in digital banking by introducing a next-generation near field communication account-linked sticker card branded “TapIn”, in collaboration with Mastercard. The innovative solution has been developed by Idemia, with local technological support provided by ADN Technologies Limited. The initiative is designed to make everyday transactions faster, more […]

Significant Decline in Bangladesh Defaulted Loans Reported The Bangladeshi banking sector has witnessed a substantial, if cautious, breakthrough as defaulted loans plummeted by 87,298 crore BDT in the final quarter of 2025. This downturn comes after non-performing loans (NPLs) reached record-breaking heights, offering a glimmer of hope for a financial system that has been under […]

The landscape of Bangladesh’s financial regulation has shifted following the formal resignation of Dr M. Aslam Alam, the Chairman of the Insurance Development and Regulatory Authority (IDRA). On Monday, 2 March 2026, the veteran administrator submitted his resignation to the Financial Institutions Division (FID), citing “unavoidable personal reasons” for his premature departure from the nation’s […]