Although women’s employment in the country’s banks and financial institutions is gradually increasing, their representation at leadership levels remains unsatisfactory. According to a Bangladesh Bank report, women account for 35,971 of the 217,818 employees working in 61 scheduled banks, representing 16.51 percent of the total workforce. According to the report, private Continue Reading

An emergency virtual meeting was held with representatives of member firms of the Dhaka Stock Exchange (DSE) and the DSE Brokers Association (DBA) to review the current state of the capital market and address market volatility. The meeting, held at 11am on Tuesday, September 8, discussed various measures to stabilise the market, restore investor confidence […]Continue Reading

Around 75,000 customers have applied to withdraw money from five merged banks, with their claims totalling Tk 3,925 crore. Bangladesh Bank provided Tk 5,000 crore on Sunday (September 6) to facilitate payments to customers of the five banks. Payments to applicants are scheduled to begin on Monday. Applications have been accepted since September 1. The […]Continue Reading

Bad loans in the banking sector reached Tk 606,555 crore at the end of June, with the bad loan ratio rising to 32.78 percent The amount of bad loans in the country’s banking sector has increased further. At the end of June this year, bad loans stood at Tk 606,555 crore. The ratio of bad […]Continue Reading

Bangladesh Bank has formed a Tk 30 billion refinancing fund to develop an agriculture-based special economic hub in the northern region. The fund will finance agricultural production, storage, transportation, marketing, processing and export activities in 16 districts of Rajshahi and Rangpur divisions. The initiative aims to boost the agricultural economy by providing Continue Reading