On Sunday, the first working day of the week, trading in Bangladesh’s foreign exchange market continued steadily, with minor fluctuations observed across major currencies. After a slight uptick in the dollar rate last Thursday, the exchange rate eased marginally today. According to data released by Bangladesh Bank, the US dollar is trading at a uniform […]

When the Awami League government was ousted amid student and public uprisings, Bangladesh’s banking sector was in severe crisis. A shortage of dollars left businesses struggling, fuelling inflation, while several banks controlled by the S Alam Group were reportedly being funded through unchecked money creation. Alongside the currency crisis, the overall discipline of the banking […]

In a pioneering development for Bangladesh, Prime Bank in partnership with Mastercard has introduced the country’s first numberless debit card. Integrated with Prime Bank’s Prime Now digital platform, this card conceals critical details such as the CVV, card number, and expiry date, making it virtually invisible to potential fraudsters. The innovation significantly reduces the risk […]

Eastern Bank PLC has launched a significant initiative aimed at fostering a more inclusive educational environment for children with special needs. Under its flagship corporate social responsibility programme, Project Progotir, the bank has entered into a strategic partnership with Footsteps Bangladesh to establish specialised libraries tailored to children who are frequently marginalised within mainstream education. […]