Bangladesh’s economy continues to benefit immensely from the unwavering contributions of its expatriate community. The remittances sent by millions of Bangladeshis working abroad have long served as a cornerstone of the nation’s financial stability, underpinning economic growth and providing vital support to countless households across the country. Early data for December suggests that this crucial […]

Bank Asia PLC and Heidelberg Materials Bangladesh PLC have taken a significant step forward by entering into a strategic partnership to implement an advanced Integrated Cash Management (ICM) solution. According to a joint press release, this collaboration is designed to enhance operational efficiency, ensure greater transparency in cash flow, and optimise asset management for both […]

NRB Bank PLC has successfully conducted its twelfth Annual General Meeting (AGM), marking yet another significant milestone in the institution’s unwavering commitment to robust corporate governance, transparency, accountability, and the cultivation of shareholder confidence. The AGM reflected the bank’s long-standing principles of prudent management, responsible decision-making, and effective communication with all stakeholders. According to a […]

Insurance is meant to serve as a financial shield during moments of crisis—be it accidents, fires, natural disasters, or business disruptions. However, for thousands of policyholders across Bangladesh, that promise remains unfulfilled as claim settlements continue to face prolonged delays, pushing individuals and businesses into financial distress and deep psychological uncertainty. Recent statistics reveal a […]

Bangladesh Bank has announced further relaxations to encourage lending in the agriculture and cottage, micro, small, and medium enterprise (CMSME) sectors. The central bank has reduced the required security provision ratio that banks must maintain against loans in these sectors, making it easier for banks to extend credit. The new directive, issued on Sunday, allows […]

Bangladesh Bank has continued its intervention in the foreign exchange market by purchasing an additional USD 60 million through a competitive auction, reinforcing its ongoing efforts to stabilise the taka and strengthen foreign exchange reserves. The transaction was concluded on Sunday, 21 December, following bids submitted by four commercial banks. Confirming the development, Bangladesh Bank’s […]