/ Oct 05, 2026
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Category: Business

Bangladesh Plans Tk1,276 Crore Banking Oversight Upgrade

Bangladesh Plans Tk1,276 Crore Banking Oversight Upgrade

September 29, 2026
Bangladesh is preparing a Tk1,276.30 crore five-year project to strengthen supervision of the banking sector, improve the handling of troubled financial institutions and modernise the technology infrastructure used to monitor financial risks. The Financial Sector Support Project-2 (FSSP-2), which is being considered for approval by the Executive Committee of the National Economic Council (ECNEC), is […]
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Taka Stabilises as Central Bank Interventions and Remittances Calm Forex Markets

Taka Stabilises as Central Bank Interventions and Remittances Calm Forex Markets

September 28, 2026
Bangladesh’s foreign exchange market shows signs of steadying as the taka finds fragile stability against key international currencies following months of volatility driven by macroeconomic reforms and structural adjustments. Official data released by Bangladesh Bank and leading commercial financial institutions on 28 September 2026 indicates that the US dollar is trading at 122.75 taka. This […]
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Bangladesh Bank Issues Urgent Warning Against 22 Unlicenced Payment Aggregators

Bangladesh Bank Issues Urgent Warning Against 22 Unlicenced Payment Aggregators

September 28, 2026
Bangladesh Bank has issued a stern public warning advising individuals and business entities to refrain from conducting financial transactions through 22 unlicenced online payment aggregator platforms currently operating across the country. According to an official notification released on Sunday (27 September) by the Payment Systems Supervision Department of the central bank, these unauthorised platforms have […]
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NRB Bank and MetLife Extend Credit Card Protection Deal

NRB Bank and MetLife Extend Credit Card Protection Deal

September 28, 2026
NRB Bank PLC has renewed its partnership with MetLife Bangladesh for an eighth consecutive year, extending an arrangement that provides insurance protection to eligible credit cardholders. Under the renewed agreement, eligible NRB Bank credit cardholders will receive insurance coverage aimed at helping settle outstanding credit card balances in the event of death or permanent disability. […]
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Five Life Insurers Prepare to Pay Tk 21 Crore

Five Life Insurers Prepare to Pay Tk 21 Crore

September 27, 2026
The Insurance Development and Regulatory Authority (IDRA) is moving ahead with another round of insurance claim settlements, with policyholders of five more life insurance companies expected to receive nearly Tk 21 crore. The planned payments are part of the regulator’s continuing efforts to address long-standing unpaid claims and rebuild confidence among insurance customers. The latest […]
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IRDAI Proposes Commission Claw-Backs to Deter Insurance Mis-Selling

IRDAI Proposes Commission Claw-Backs to Deter Insurance Mis-Selling

September 26, 2026
Proposed reforms to insurance distribution regulations in India could impose direct financial penalties on distributors through commission claw-backs while establishing strict individual accountability for sold policies, according to a report by Kotak Institutional Equities. The draft framework, unveiled in a consultation paper issued by the Insurance Regulatory and Development Authority of India (IRDAI), seeks to […]
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Taka Holds Firm as Central Bank Releases Exchange Rates

Taka Holds Firm as Central Bank Releases Exchange Rates

September 26, 2026
The Central Bank of Bangladesh has published the official foreign exchange rates for Saturday, 26 September 2026, offering clear guidance for commercial institutions, traders, and individual remitters navigating international financial transactions. According to the latest figures released by Bangladesh Bank, the domestic currency maintains a steady footing against major international currencies, reflecting ongoing liquidity management […]
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Ministry Directs State Banks to Combat Massive Non-Performing Loans

Ministry Directs State Banks to Combat Massive Non-Performing Loans

September 26, 2026
Bangladesh’s Financial Institutions Division under the Ministry of Finance has issued a stringent set of directives to six state-owned commercial banks to tackle the staggering volume of non-performing loans (NPLs) eroding the nation’s banking sector. The six institutions currently account for approximately a quarter of the country’s total default loans, holding an aggregate bad debt […]
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