Banks situated in countries facing elevated climate risk demonstrate diminished levels of financial stability.

The number of banks, insurance companies, brokerage firms, and merchant banks is much higher in Bangladesh than in many other countries at a similar level of development or having a similar size of population and economy.

“I got the courage to start writing and felt that, if the market practices and regulations of a particular issue are in one place it may help the bankers, customers as well as students”, the author writes. 

The Bangladesh Bank yesterday decided in principle to allow Nagad Finance PLC, a proposed non-bank financial institution (NBFI), to run mobile financial services. 

All government, semi-government and private offices including banks and financial institutions resume after a three-day Eid holiday.

The central bank today issued a master circular asking all financial institutions (FIs) to follow the anti-money laundering and terrorist financing rules strictly.