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Central Bank Extends Cattle Market Banking Hours Central Bank Extends Cattle Market Banking Hours

Central Bank Extends Cattle Market Banking Hours

May 26, 2026
The central bank of Bangladesh has officially mandated that scheduled commercial banks must keep designated branches, sub-branches, and temporary booths situated near sacrificial animal markets open until 10:00 pm. This operational extension is intended to facilitate secure, convenient, and uninterrupted financial transactions during the peak trading season preceding the holy festival of Eid al-Adha. According […]
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Rising National Debt Poses Challenge For Bangladesh Government Rising National Debt Poses Challenge For Bangladesh Government

Rising National Debt Poses Challenge For Bangladesh Government

May 25, 2026
Geopolitical financial obligations and domestic borrowing metrics have experienced notable shifts during the current fiscal period. According to the latest available economic data from the International Monetary Fund (IMF), specifically detailed within its “Article IV Consultation Report”, the total public debt of Bangladesh has reached 188.79 billion US dollars for the 2024–25 financial year. This […]
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MS Amlin Annual Net Profit Surges To Three Hundred And Twelve Million Dollars MS Amlin Annual Net Profit Surges To Three Hundred And Twelve Million Dollars

MS Amlin Annual Net Profit Surges To Three Hundred And Twelve Million Dollars

May 25, 2026
The global reinsurance and insurance specialist MS Amlin has disclosed its financial results for the twelve months ending 31 December 2025, revealing a substantial increase in profitability. According to the company’s financial statements prepared under International Financial Reporting Standard 17 (IFRS 17) regulations, the corporation achieved a net profit after tax of $312 million (£268 […]
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Hong Kong Insurers Struggle as Cyber Risks Escalation Hong Kong Insurers Struggle as Cyber Risks Escalation

Hong Kong Insurers Struggle as Cyber Risks Escalation

May 25, 2026
Hong Kong’s insurance sector is facing mounting pressure to modernise its payment infrastructures and enhance cyber protection mechanisms. This comes at a time when consumers are increasingly demanding rapid digital services, while local enterprises find themselves exposed to intensifying artificial intelligence (AI)-driven and supplier-linked cyber risks. A report published by Adyen N.V., a financial technology […]
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Shimanto Bank Enters Central Bank CMSME Refinancing Schemes

Shimanto Bank Enters Central Bank CMSME Refinancing Schemes

May 25, 2026
Shimanto Bank PLC has formalized its inclusion in two national refinancing frameworks managed by the central bank of Bangladesh to boost credit delivery to Cottage, Micro, Small, and Medium Enterprises (CMSMEs). The private commercial lender executed two separate participation agreements with Bangladesh Bank under the Cluster Financing Scheme and the FSFDMSME Refinancing Scheme. Administered via […]
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Cashless Cattle Purchases Introduced Via Prime Bank QR

Cashless Cattle Purchases Introduced Via Prime Bank QR

May 25, 2026
Prime Bank PLC has initiated a novel digital financial service by introducing a Bangla QR-based transaction system specifically designed for the procurement of sacrificial livestock ahead of the Eid-ul-Adha festive period. This deployment marks the first time a commercial banking institution has integrated an interoperable QR code payment protocol within the traditional livestock commerce sector […]
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Reserves Rise Ahead of Eid Reserves Rise Ahead of Eid

Reserves Rise Ahead of Eid

May 24, 2026
Bangladesh’s foreign exchange reserves have recorded a modest but encouraging increase in the run-up to the upcoming Eid-ul-Adha, offering a positive signal for macroeconomic stability and external sector resilience. According to the latest data released by the central bank, the country’s gross foreign exchange reserves stood at approximately USD 34.56 billion as of 23 May. […]
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Foreign Exchange Rates Firm on 24 May Foreign Exchange Rates Firm on 24 May

Foreign Exchange Rates Firm on 24 May

May 24, 2026
The steady flow of remittances from more than ten million Bangladeshi expatriates, coupled with the continued expansion of international trade, has made daily monitoring of foreign exchange rates increasingly important for individuals, businesses, and financial institutions alike. As global economic conditions fluctuate, exchange rates against the Bangladeshi Taka remain subject to frequent adjustments based on […]
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