Bangladesh has recorded a significant surge in remittance inflows at the absolute beginning of the 2026–27 financial year. Expatriate workers sent nearly 1.8 billion US dollars through formal banking channels in the first eighteen days of July alone. Data released by the Bangladesh Bank reveals that inward remittances via legal routes have escalated by 20.2 […]

A pressure group calling itself the Islami Bank Socheton Grahak Forum (Conscious Depositors’ Forum) has put forward a seven-point charter of demands, urging the central bank to reconstitute a full and independent board of directors for Islami Bank Bangladesh PLC. The forum insists that the new board must comprise honest, highly qualified, and seasoned financial […]

The central bank of Bangladesh has officially restructured the board of directors of Al-Arafah Islami Bank PLC, appointing 14 sponsor shareholders to its governing body. The decision, finalised on Wednesday, represents a definitive step towards returning the private Sharia-compliant lender to shareholder-led governance following a prolonged period of direct regulatory intervention. Arif Hossain Khan, an […]

DHAKA — The central bank of Bangladesh has instituted a stringent regulatory framework for the importation of industrial boilers and their associated components, making prior official clearance mandatory. Operating under direct guidance from the Ministry of Industries, Bangladesh Bank has dispatched an official circular to all authorised dealers in foreign exchange, compelling financial institutions to […]