Bangladesh Bank Bills Return After Three Years
After a three-year pause, Bangladesh Bank is reintroducing BB bills to absorb excess liquidity and control inflation. Auctions for 30-day…
Prime Bank Inks Banking Deal with Kashpia Group
Prime Bank PLC has entered into a banking services agreement with Kashpia Group, enabling the latter’s employees to access preferential…
Midland Bank Partners with BP Manufacturing
Midland Bank PLC and BP Manufacturing (BD) Co. Ltd. recently signed a Memorandum of Understanding (MoU) at BP Manufacturing’s headquarters…
Janata Bank Faces 61% Loan Defaults Mainly from Beximco and S Alam
Janata Bank is currently in a critical financial situation, with non-performing loans (NPLs) surpassing 61% of its total portfolio. This…
Defaulted Loans in Bangladesh to Double as Loan Rules Tighten
Bangladesh Bank (BB) will tighten loan classification rules by March 2025 to align with International Monetary Fund conditions. The move…