EXIM Bank discards plan to merge with Padma Bank

This decision reverses the bank’s earlier plan from March 2024 to merge with Padma Bank
25 December 2024, 07:41 AM

First Security Islami Bank sacks DMD

First Security Islami Bank (FSIB) has fired a newly appointed deputy managing director over his alleged involvement in irregularities at his previous place of employment, Social Islami Bank Limited (SIBL).
24 December 2024, 18:27 PM

Islami Bank MD forced out of office

Mohammed Monirul Moula, the managing director of Islami Bank Bangladesh, has not gone to his workplace since December 19 when he was forced to leave by a group of officials.
24 December 2024, 18:10 PM

Dhaka stocks fall when prime index of port city bourse rises

DSEX lost 1.47 points while CASPI jumped 34.6 points
24 December 2024, 12:18 PM

Local banks can review health via global consulting firms

The international consulting firm will suggest appropriate remedial measures necessary in public interest
22 December 2024, 15:53 PM

Bangladesh, WB sign two deals worth $900 million for environment sustainability

These two financial agreements will help Bangladesh achieve green growth: WB country director
22 December 2024, 14:55 PM

Explanations sought from 13 banks for higher dollar rate

BB issued letters on Dec 19 and the deadline for explanation ends today
22 December 2024, 13:43 PM

Stocks break two-day rising streak

The prime index of the Dhaka bourse fell 0.48% to 5,196 points
22 December 2024, 11:24 AM

Presence of oligarchic market power still a major challenge: Hossain Zillur Rahman

The sixth edition of the Banking Almanac launched today
21 December 2024, 11:56 AM

Panel formed to make tax expenditure policy

The National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.
19 December 2024, 18:57 PM
19 December 2024, 07:38 AM

ADB to give $600m for economic management

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.
18 December 2024, 20:19 PM

IMF cuts Bangladesh’s growth forecast again, keeps inflation projection elevated

Bangladesh may grow 3.8% in FY25, not 4.5% in FY25, the lender says
18 December 2024, 15:01 PM

IMF to give $645 million as fourth tranche of loan to Bangladesh

IMF agreed to Bangladesh’s request to extend the loan amount, now it stands at $5.3 billion
18 December 2024, 13:00 PM

National advisory council on statistics restructured

New 17-member panel will work to produce globally-accepted data
16 December 2024, 13:06 PM
15 December 2024, 13:56 PM

New platform launched to promote evidence-based policy formation

bdevinsights.com is the website of the platform
12 December 2024, 14:39 PM

Accounting and audit for economic development

Transparency and accountability mechanisms, pre-conditions for economic development, act as deterrents to corruption.
11 December 2024, 11:37 AM

Chinese firm Bangladesh Prothoma Power to invest $12.24 million inside Bepza EZ

The company will establish a battery plate manufacturing industry
10 December 2024, 14:41 PM

City Bank restructures salary to support employees amid inflation

Salaries will be increased a minimum of 10 percent and a maximum of 50 percent
10 December 2024, 12:16 PM