Individual depositors of four non-bank financial institutions (NBFIs) undergoing closure will initially receive up to Tk 50 lakh of their principal deposits under a scheme prepared by Bangladesh Bank. Depositors with larger amounts will receive their money after a specified deduction. The Continue Reading
Bangladesh tops world in default loan rate, IMF data shows 33 percent of disbursed loans in Bangladesh are classified as defaulted, according to the IMF’s Financial Soundness Indicators Database The rule of the fascist Awami League was a period of anarchy in the banking sector. During its 15 years and eight months in power, licences […]Continue Reading
Mohammad Zahidul Islam Delta Life Insurance Company’s premium income was overstated by Tk 244 crore, while liabilities were understated by Tk 124 crore. A tax claim of Tk 317 crore was not disclosed. Cash was withdrawn, but its use remains unknown. Agents were paid commissions without valid licences, while 5 percent of commissions remained unpaid. […]Continue Reading
Bangladesh’s foreign exchange reserves have increased to $37.25 billion. According to updated data from Bangladesh Bank, the country’s gross reserves stood at $37,245.06 million. Under the BPM6 calculation method of the International Monetary Fund (IMF), the reserves stood at $32.44 billion. Bangladesh Bank Executive Director and spokesperson Arif Hossain Khan confirmed Continue Reading
Dhaka Bank PLC, one of the country’s oldest private-sector banks, remained profitable in the first half of 2026, but its unaudited January-June financial statements show pressure on several key financial indicators. Deposits fell by more than Tk 700 crore, operating cash flow turned negative, borrowing from other banks increased sharply, while shareholders’ equity and Continue Reading
Bangladesh received US$602 million in remittances during the first five days of August, the second month of FY2026-27, marking an 83.7 percent year-on-year increase. During the same period last fiscal year, expatriate Bangladeshis had sent US$328 million. The information was confirmed by Bangladesh Bank Executive Director and spokesperson Arif Hossain Khan. According to Continue Reading


















