Bangladeshi-issued bank cards, including both credit and debit, are seeing increasing use abroad. Historically, Bangladeshi credit cards dominated overseas transactions, but in recent years, debit cards have grown in popularity, offering an interest-free and convenient alternative for travellers, students, and expatriates. A recent Bangladesh Bank report highlights the country-specific trends in card usage. Bangladeshi credit […]

Bangladesh Bank has firmly rejected recent media reports claiming that a managing director from a leading private commercial bank is set to be appointed as its next Deputy Governor, describing the information as entirely baseless and misleading. In an official statement issued on Thursday, the central bank’s spokesperson and Executive Director, Arif Hossain Khan, clarified […]

In a significant move to safeguard farmers against natural calamities, the government has announced the introduction of crop insurance. Speaking at an event in Comilla on Wednesday, the Minister of Food, Fisheries and Livestock, and Agriculture, Mohammad Aminur Rashid, emphasised that the scheme aims to protect farmers financially if their crops are damaged by floods […]

Prime Bank PLC has entered into a strategic partnership with Export Sheba to enhance Bangladesh’s export capabilities and support small and medium-sized enterprises (SMEs) and emerging exporters. The agreement aims to create a structured framework for knowledge sharing, training, and advisory support, positioning Bangladeshi exporters for success in international markets. The formal signing ceremony took […]