Tk 20,000 crore set aside for the bank, merging five troubled lenders

The draft Payment System Operator Regulations seek feedback from banks, fintech firms

The central bank governor says about the to-be-merged banks

Biggest banking shakeup in motion

They will not get any share in the new bank

Once the new bank is launched, depositors will get a maximum of Tk 2 lakh from the deposit insurance fund.

The fund will be used for the development of rural roads in 20 upazilas

Only Islami Bank, MTB and Premier activated both incoming, outgoing transactions

Expatriates sent home $2.56 billion in October

Key players not ready

Mutual Trust Bank (MTB) PLC has decided to buy one bigha of land in Dhaka’s upscale Gulshan area at Tk 300 crore for the construction of its corporate head office.

Banks’ lending to small and medium-sized enterprises (SMEs) has fallen to a four-year low, putting the brakes on the rising trend in loan disbursements, as political uncertainty and the economic slowdown have dampened borrowing appetite among entrepreneurs.

The company will soon apply to introduce “Munafa Digital Bank”

CSR spending by multinational lenders was just 0.56% last year, compared with 9% by Islamic banks

The BNP leader made the comment at PRI, UKID event

The DSEX rose 67.25 points to close at 5,111.59

Media reports claim a surge in counterfeit notes

A Bangladesh Bank report shows

Total dollar purchase reaches $2.12 billion since the beginning of this fiscal year

Sending Tk 1,000 from an MFS account to another to cost Tk 8.50