/ Oct 11, 2026
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bangladesh bank revises credit card policy Bangladesh Bank Revises Credit Card Policy

Bangladesh Bank Revises Credit Card Policy

March 18, 2026
Bangladesh Bank has announced a major revision of credit card regulations, nearly doubling the maximum borrowing limits for cardholders and strengthening consumer protection measures. The highest permissible credit limit has been raised to BDT 4,000,000, while the maximum interest rate on credit card loans has been capped at 25 per cent per annum. Previously, customers […]
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skyrocketing non performing loans threaten economic stability Skyrocketing Non-Performing Loans Threaten Economic Stability

Skyrocketing Non-Performing Loans Threaten Economic Stability

March 18, 2026
Non-performing loans (NPLs) in Bangladesh’s banking sector have reached alarming levels, spreading beyond trade into the industrial sector and raising serious concerns about the country’s investment climate and overall economic growth. The latest report by Bangladesh Bank highlights the growing fragility of the financial system and the risks posed by rising loan defaults. By December […]
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central bank clears prime mfs launch Central Bank Clears Prime MFS Launch

Central Bank Clears Prime MFS Launch

March 18, 2026
Prime Bank FinTech Limited, a subsidiary of Prime Bank PLC, has secured regulatory approval from the central bank to operate Mobile Financial Services, signalling its imminent entry into Bangladesh’s expanding digital finance market. The licence authorises the company to establish and run a mobile-based financial platform under a separate brand identity. Through this platform, Prime […]
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ammetlife appoints wan saifulrizal as ceo AmMetLife Appoints Wan Saifulrizal as CEO

AmMetLife Appoints Wan Saifulrizal as CEO

March 17, 2026
AmMetLife Insurance Berhad has appointed Wan Saifulrizal Wan Ismail as its new Chief Executive Officer, succeeding Rangam Bir, who has departed the company to pursue other professional opportunities. The announcement was made on 9 March 2026 in Kuala Lumpur. Extensive Industry Experience Wan Saifulrizal brings nearly three decades of experience in the insurance and takaful […]
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kbfg china investment returns bolster operations KBFG China Investment Returns Bolster Operations

KBFG China Investment Returns Bolster Operations

March 17, 2026
KBFG Insurance (China) Co., Ltd. (KBFG China) is implementing a new strategic plan aimed at regaining business momentum after experiencing a decline in top-line performance for the third consecutive year in 2025. Despite the contraction in premium volumes, the company’s financial stability and investment returns are expected to continue driving its overall operating results. Underwriting […]
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sm abdul hamid appointed independent director SM Abdul Hamid Appointed Independent Director

SM Abdul Hamid Appointed Independent Director

March 17, 2026
S.M. Abdul Hamid, a seasoned banker and professional chartered accountant, has been appointed as an independent director of Islami Bank Bangladesh. The decision was taken by Bangladesh Bank, the country’s central bank, following the removal of the previous independent director, Abdul Jalil, amid controversy over non-performing loans. Focus on Financial Strengthening Upon assuming his new […]
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governor orders swift islamic bank consolidation Governor Orders Swift Islamic Bank Consolidation

Governor Orders Swift Islamic Bank Consolidation

March 17, 2026
Bangladesh Bank Governor Mostak­ur Rahman has emphasised the urgent need to complete the consolidation of the Consolidated Islamic Bank, formed by merging five underperforming Shariah-based banks, as part of the central bank’s broader financial sector reform programme. Speaking at a meeting with the administrators of the banks on Monday, 16 March 2026, he stressed that […]
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bitcoin surges amid middle east tensions Bitcoin Surges Amid Middle East Tensions

Bitcoin Surges Amid Middle East Tensions

March 17, 2026
The recent escalation of hostilities in the Middle East, sparked by Iranian clashes with US and Israeli forces, has sent ripples across global financial markets. The disruption to oil supplies has triggered sharp downturns in equity markets, prompting investors to seek refuge in safer assets. Traditionally, gold and the US dollar have been the preferred […]
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