Tension flared again outside the headquarters of Islami Bank Bangladesh PLC this morning as police dispersed protesting customers demanding the resignation of the bank's newly appointed chairman.

Customers in several areas of Dhaka on Sunday and Monday found ATM services of many banks unavailable

The appointment of Alam has sparked widespread discussion in the banking sector

He submitted his resignation letter to the governor of Bangladesh Bank

It dropped 34 percent year-on-year to $2.81 billion during July-April of FY26

They have also been instructed to provide services such as cash deposits, withdrawals and account opening facilities for traders and customers

Liquidity management remained another major concern for the banking sector

Neither Bangladesh Bank nor the finance ministry had officially communicated with them despite a silent protest and memorandum submitted on May 6

The central bank announced the package at a press conference held at its headquarters in Dhaka today

Prime Bank PLC has announced a 30 percent dividend, including a 25 percent cash dividend, for the year that ended on December 31, 2025.

BB Governor Md Mostaqur Rahman gave the instruction at a meeting between the central bank and treasury heads of commercial banks

Customers must complete a card transaction of up to Tk 500 and wait 24 hours before linking the card to an MFS account

Twenty-six garment exporters based in Narayanganj have alleged that Premier Bank officials created fake sales contracts and fraudulent LCs in the companies’ names at the local branch, burdening them with Tk 3,081 crore in “illegal” loans.

Bangladesh Bank (BB) has imposed new restrictions on its officials’ participation in training, seminars, symposiums, and workshops organised or funded by banks, financial institutions, and other entities

Agent banking outlets handled Tk 8,959.8 crore in inward remittances in the January-March period of 2026

Bangladesh Bank has decided in principle to liquidate five troubled non-bank financial institutions from July, marking one of the biggest regulatory actions in the sector’s history

Bangladesh Bank (BB) has instructed banks to introduce digital verification systems for bank statements and other financial documents submitted by customers for visa applications abroad

Bangladesh currently languishes at the bottom of the global ranking with a mere 6.5 percent tax-to-GDP ratio. For a nation whose citizens hold profound aspirations for development, peace, and prosperity, this chronic revenue deficit poses an existential threat to future growth.

The central bank said the move aims to ease difficulties faced by Bangladeshi travellers during overseas visa applications

The previous deadline was the end of December last year