Industrial enterprises registered with the Invest Bangladesh Authority, formerly known as BIDA, will no longer need to obtain separate approval from Bangladesh Bank to take medium- and long-term external loans

For current CEOs, the first assessment period will run from October 1, 2026 to March 31, 2027

The central bank took the decision after a special inspection of Bangladesh Commerce Bank’s head office and principal branch following allegations of misappropriation of Tk 5 crore belonging to depositors

Section 18(A), which allowed former owners of weakened banks to regain control, scrapped

Around 12,000 new customers applied to withdraw Tk 331 crore today

Under the new directive, banks must complete verification of the academic credentials of all existing employees by March 31, 2027

Women currently account for 16.3 percent of EBL’s workforce, with the bank targeting 25 percent by 2030.

Finance and Planning Minister Amir Khosru Mahmud Chowdhury today said the government is working to raise the contribution of the creative economy to 2 to 3 percent of the country’s gross domestic product (GDP).

The 21 officials cleared of their penalties are: Commissioner (Current Charge) Md Zakir Hossain; joint commissioners of taxes Morshed Uddin Khan, Masuma Khatun, Md Mamun Mia, Monalisa Shahreen Sushmita and Md Sanwarul Kabir; additional commissioners of taxes Murad Ahmed, Mirza Ashiq Rana, Hasan Muhammad Tarek Rekabdar, Sifat-e-Mariam, Sultana Habib, Chand Sultana Chowdhurany, AAM Amimul Ehsan Khan and Sadhan Kumar Kundu; deputy commissioners Imam Tauhid Hasan Shakil, Md Zillur Rahman, Mohammad Saidul Islam, Mohammad Shihabul Islam and Md Shahadat Jamil; and revenue officers Sobuj Mia and Shafiul Boshr.

Bank’s non-performing loans stood at Tk 75,396.67 crore as of June 30, he tells parliament

Writ challenging Md Mostaqur Rahman’s appointment rejected; petitioner plans Supreme Court appeal

Questions Bangladesh Bank’s inaction over alleged violation of Bank Company Act

Proposed amendment would repeal Section 18(A), which allowed former owners to regain control by repaying 7.5% of state support upfront and the rest within two years

Banks may facilitate outward remittances within prescribed limits without prior approval from the central bank or the Bangladesh Hi-Tech Park Authority

Separate letters confirmed that the government had approved the cancellation of the unexpired contractual terms of the managing directors of Agrani Bank, Md Anwarul Islam; BDBL, Md Jashim Uddin; and BASIC Bank, Md Kamruzzaman Khan

Submissions of individual applications for deposit withdrawals started at the branches and sub-branches of the bank on September 1

At the end of June this year, bad loans in the banking sector stood at Tk 6,06,555 crore, which is 32.78 percent of the total disbursed loans

Governor sends demi-official letter to finance minister in this regard

Enamul Huque is the new CEO

They young generation wants to know: How good is the internet banking app? What do I get beyond the account itself? Is it convenient? And why should I choose this bank when almost every other bank offers something similar?