The adoption of Mobile Financial Services (MFS) is advancing at an unprecedented pace across Bangladesh, with the total volume of registered accounts currently reaching approximately 24.5 crore (245 million). Out of this massive user base, roughly 39.5 per cent are classified as actively operational accounts. At present, 13 licensed MFS providers are actively operating within […]

Islami Bank Bangladesh PLC, the country’s largest private sector sharia-compliant commercial bank, has formally requested an emergency liquidity support loan of 10,000 crore BDT from the central bank. The urgent financial petition was submitted to Bangladesh Bank on Tuesday, 9 June 2026, as the institution struggles to navigate a severe cash deficit and maintain daily […]

Bangladesh Bank has finalized its decision to initiate the formal resolution and liquidation process for five insolvent non-banking financial institutions (NBFIs). The regulatory intervention was approved during a board of directors meeting on Tuesday at the central bank’s headquarters, chaired by Governor Mostakur Rahman. To facilitate the winding-up process, the central bank will dissolve the […]