Following recent political shifts in Bangladesh, the national economy entered a period of instability, resulting in a marked slowdown in loan recovery across the banking sector. Private banks, in particular, faced significant challenges in recovering debts from large and influential borrowers after the fall of the Awami League government. During this period, many major debtors […]

Four senior officials of Bangladesh Bank are under scrutiny over alleged irregularities in the disbursement of the Small and Medium Enterprise (SME) training fund. Sources indicate that BDT 2 billion (approximately USD 20 million) was withdrawn in cash under the pretext of foreign training programmes. However, reports suggest that the funds were never transferred abroad […]

Bangladesh’s new government has pledged to continue the ongoing reforms within the country’s banking sector. The key objectives include controlling inflation, reducing the volume of non-performing loans (NPLs), and ensuring the stability of recently merged banks. This commitment was confirmed on Monday during a briefing with journalists by Bangladesh Bank Governor Ahsan H. Mansur. Governor […]