/ Oct 09, 2026
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Category: Business

Oil Prices Dip After Trump Signal Oil Prices Dip After Trump Signal

Oil Prices Dip After Trump Signal

May 6, 2026
International crude oil prices extended their decline for a second consecutive day following indications from United States President Donald Trump of a possible peace agreement with Iran. According to a report published by Reuters on Wednesday (6 May), Brent crude futures fell by $1.69, or 1.5%, settling at $108.18 per barrel. This follows a 4% […]
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Asia Disaster Losses Highlight 92% Insurance Gap

Asia Disaster Losses Highlight 92% Insurance Gap

May 6, 2026
In 2025, natural catastrophes across Asia resulted in $5.2 billion in insured losses, according to the April “sigma” report published by Swiss Re. This figure, while significant, represents only a small portion of the total economic impact, as 92% of the regional loss burden remained uninsured. This substantial protection gap is particularly prevalent in lower-income […]
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Sonali Bank Reports Record Profit 2025

Sonali Bank Reports Record Profit 2025

May 6, 2026
Sonali Bank, the largest state-owned commercial bank in Bangladesh, has posted a record net profit of Tk1,313 crore for the financial year 2025, according to its audited financial statements. This represents a 33 per cent increase compared with the previous year. The bank’s performance for the year shows a pronounced divergence between its investment income […]
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Janata Bank Reports Tk3,931cr Loss

Janata Bank Reports Tk3,931cr Loss

May 6, 2026
State-owned Janata Bank has reported a loss of Tk3,931 crore for the financial year 2025, marking a 28 per cent increase compared with the previous year, according to its audited financial statements. The results point to a continued deterioration in the bank’s financial performance, particularly in profitability and asset quality indicators. The audited accounts show […]
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Bangladesh Bank Expands Loan Limits

Bangladesh Bank Expands Loan Limits

May 6, 2026
Bangladesh Bank has revised its consumer financing framework, increasing limits for auto and personal loans while adjusting financing conditions to support growing demand for consumer goods and to promote the use of electric and hybrid vehicles. In a notification issued on Tuesday, the central bank announced that scheduled banks are now authorised to provide auto […]
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BAB Appoints Two Vice Chairmen

BAB Appoints Two Vice Chairmen

May 6, 2026
The Bangladesh Association of Banks (BAB) has appointed two new Vice Chairmen to its Executive Committee following a unanimous decision taken at its latest meeting. The newly elected Vice Chairmen are Mr Rashed Ahmed Chowdhury, Chairman of Mutual Trust Bank PLC, and Mr Sharif Zahir, Chairman of United Commercial Bank PLC. Their appointments were confirmed […]
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ACC Investigates Eastern Bank Over Alleged Credit Card Embezzlement ACC Investigates Eastern Bank Over Alleged Credit Card Embezzlement

ACC Investigates Eastern Bank Over Alleged Credit Card Embezzlement

May 5, 2026
The Anti-Corruption Commission (ACC) of Bangladesh has formally initiated an investigation into officials of Eastern Bank PLC (EBL) following allegations of financial misappropriation and the fraudulent issuance of credit cards. The probe focuses on the suspected embezzlement of 547,143 BDT and the subsequent financial harassment of individuals targeted by the scheme. The decision to pursue […]
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Central Bank Issues Urgent Directives on Credit Facilities for Leather Traders Central Bank Issues Urgent Directives on Credit Facilities for Leather Traders

Central Bank Issues Urgent Directives on Credit Facilities for Leather Traders

May 5, 2026
Bangladesh Bank has issued a comprehensive set of instructions to scheduled banks, mandating the swift disbursement of credit to leather traders. This initiative aims to ensure the seamless collection, preservation, and marketing of raw hides during the upcoming Eid-ul-Azha festival. The directive, announced on Tuesday, 5 May 2026, emphasises the strategic importance of the leather […]
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