In the volatile landscape of modern agriculture, Bangladeshi farmers find themselves on the front lines of an escalating battle against nature. Each year, thousands of hectares of arable land are decimated by a relentless cycle of flash floods, droughts, erratic monsoon rains, and devastating cyclones. For the majority of smallholders, who often finance their seasonal […]

In a significant policy pivot aimed at bolstering the private sector, Bangladesh Bank has announced a substantial relaxation of the regulations governing the renewal of continuous loans. This move effectively dismantles a restrictive directive issued eight months ago, which had previously prohibited the renewal of any credit facilities exceeding their sanctioned limits until the overdrawn […]

Bangladesh’s economic engagement with the world continues to expand, driven in part by trade and business with various countries and a large expatriate population. Remittances sent by Bangladeshis living abroad play a crucial role in keeping the national economy active, providing liquidity and supporting local businesses. To facilitate overseas transactions, today’s (3 March 2026) currency […]

Mohammad Zainul Bari has resigned from his position as Chairman of the state-owned Shadharon Bima Corporation (SBC), citing personal reasons. According to sources within the corporation, he submitted his resignation to the Financial Institutions Division on Monday, 2 March 2026. Mr Bari had assumed the role of Chairman on 12 September 2024, with his tenure […]

In a landmark move aimed at elevating environmental accountability within Bangladesh’s banking sector, United Commercial Bank PLC (UCB) has entered into a strategic partnership with Ernst & Young Advisory Services Bangladesh Limited (EY ASBL). The collaboration is designed to enhance UCB’s carbon accounting capabilities and strengthen its monitoring of greenhouse gas (GHG) emissions, representing a […]

Prime Bank PLC has taken a significant step forward in digital banking by introducing a next-generation near field communication account-linked sticker card branded “TapIn”, in collaboration with Mastercard. The innovative solution has been developed by Idemia, with local technological support provided by ADN Technologies Limited. The initiative is designed to make everyday transactions faster, more […]

Significant Decline in Bangladesh Defaulted Loans Reported The Bangladeshi banking sector has witnessed a substantial, if cautious, breakthrough as defaulted loans plummeted by 87,298 crore BDT in the final quarter of 2025. This downturn comes after non-performing loans (NPLs) reached record-breaking heights, offering a glimmer of hope for a financial system that has been under […]

The landscape of Bangladesh’s financial regulation has shifted following the formal resignation of Dr M. Aslam Alam, the Chairman of the Insurance Development and Regulatory Authority (IDRA). On Monday, 2 March 2026, the veteran administrator submitted his resignation to the Financial Institutions Division (FID), citing “unavoidable personal reasons” for his premature departure from the nation’s […]