Banks

Banks

A scammer dies, but the rot in Bangladesh’s banks lives on

The Hallmark scam was the largest loan scam involving Sonali Bank at that time

1d ago

Sammilito Islami Bank gets final licence

The bank was created through the merger of five troubled Islamic banks

1d ago

Bank merger: employees to face salary, benefit cuts

Today, fresh Tk 350 crore liquidity support approved for the to-be-merged banks, taking the total to Tk 35,300 crore

5d ago

Bangladesh Bank targets fully digital transactions by July 2027

BB governor says at the signing of a deal with the Gates Foundation’s Mojaloop

1w ago

AB Bank’s ‘hidden’ bad loans push NPLs to 84%

AB Bank’s bad loans have ballooned to an unprecedented level, with nearly 84 percent of its total loans in default, a sign of severe financial distress caused by years of irregularities at the country’s first private commercial lender.

1w ago

Governance failure stalls financial sector progress: BB governor

The governor speaks at Mastercard Excellence Awards 2025

1w ago

AB Bank seeks Tk 2,000cr from BB amid deposit flight

Private lender AB Bank has urged Bangladesh Bank (BB) to provide an additional Tk 2,000 crore in liquidity support to cope with increasing deposit withdrawals amid an asset quality review and the merger of five other commercial banks.

1w ago

Tk 25,790cr: Union Bank posts biggest loss in banking history

No other bank in the country has come close to this scale of financial damage.

1w ago

With bad loans at 30%, boardroom feud erupts at Standard Bank

Standard Bank is mired in internal conflict as its bad loans rise to nearly a third of total lending, exposing governance problems at the shariah based lender already under scrutiny by the central bank, show documents. 

2w ago

Bangladesh Bank moves to tighten grip on banks

The centrepiece of the reform package is the abolition of a category that designates state-owned lenders as "specialised banks"

2w ago

Essential food imports get 90-day credit window

The facility will remain valid until March 31, 2026

2w ago

BFIU fines Premier Bank, officials Tk 3.44 crore

They were involved in money laundering and illegal fund transfers by the bank’s former chairman and family members

2w ago

Bangladesh Bank expands trade finance scope for offshore banking units

The OBUs can now extend loans through authorised dealers of other banks also

3w ago

BB relaxes LC margin rules for essential imports ahead of Ramadan

The relaxed LC margin facility will remain effective until March 31, 2026

3w ago

Sammilito Islami Bank gets BB nod

Sammilito Islami Bank, the proposed largest shariah-based state-owned bank set to be formed through the merger of five troubled banks, got the preliminary approval from the Bangladesh Bank yesterday.

3w ago

Sammilito Islami Bank secures preliminary licence

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

3w ago

Draft rules published for digital payment operators

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

3w ago

Govt may consider compensating small shareholders: BB

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

3w ago