The Bangladesh Bank (BB) has decided in principle to reject a bid by former owners of troubled Social Islami Bank PLC to reclaim control, as the banking regulator moves ahead with the merger of five shariah-based banks, according to top BB officials.

The governor meets with the leaders of the Association of Bankers, Bangladesh for the first time

The two joined a roundtable organised by The Financial Express and Mutual Trust Bank

Ahsan H Mansur said this at a CPD-organised dialogue marking one year of the interim government

The Bangladesh Association of Banks (BAB), the private bank owners’ forum, will work with the central bank governor and the finance adviser to rejuvenate the banking sector, weakened under 15 years of Awami League rule, said its new chairman Abdul Hai Sarker.

A new governor has joined the central bank of Bangladesh. As a leading macroeconomist, he has rightly identified inflation and the lack of discipline in the banking sector as the main culprits to be addressed. Both issues are very important, there’s no doubt about it.

He, however, could not say immediately when exactly the commissions will be constituted.

The burden of imported inflation and supply-side implications of reduced imports will have adverse implications for economic growth and welfare, particularly of marginalised people.

Why is the amount of default loans increasing day by day?