State-owned Sonali Bank, Agrani Bank, Janata Bank and Rupali Bank have given supernumerary promotions to 7,215 officials who were deprived during the previous government’s tenure. The Financial Institutions Department (FID) has now started an investigation into the promotion of so many officials at once. The bankers who were promoted are in fear of losing their ...more

Bangladesh’s capital market is in turmoil, with investor confidence plummeting and foreign direct investment (FDI) reaching historic lows. Despite government interventions, the Dhaka Stock Exchange (DSE) continues to decline, reflecting deeper systemic issues that threaten the country’s economic stability.Investor Confidence Erodes Amid Market Decline: Over the past nine months, the DSE’s key index has plunged ...more

In the first nine months of the 2024-25 fiscal year, Bangladesh Bank has provided substantial liquidity support to the country’s banking sector, averaging Tk 1.81 trillion per month. This assistance, delivered through repo operations and special liquidity support mechanisms, aims to stabilize the financial system amidst ongoing liquidity challenges.Liquidity Support Mechanisms: According to the central ...more

Bangladesh’s stock market suffered another significant blow on Tuesday, continuing a volatile trend triggered by regional geopolitical tensions and domestic investor anxiety. The benchmark index of the Dhaka Stock Exchange (DSE), DSEX, fell by 46.98 points to close at 4,874, shedding nearly 1 percent of its value in a single day.This latest dip comes just ...more

A recent report from the Bangladesh Bank has revealed a grim and previously concealed picture of the country’s banking sector, exposing staggering volumes of defaulted loans, a ballooning provision deficit, and dangerously low capital buffers among banks-particularly state-owned institutions. The data paints a significantly bleaker picture than previously reported during the final months of the ...more

Bangladesh’s financial system is facing an intensifying liquidity and economic crisis, as persistent political instability and rampant money laundering continue to drain confidence and capital from the country’s banking sector. With domestic credit drying up, deposit growth stagnating, and loan recovery weakening, banks are now struggling to meet both public and private sector demand for ...more

Businesses across Bangladesh are sounding the alarm over a worsening liquidity crisis that is paralyzing operations and threatening economic stability. Exporters, importers, and small enterprises alike are facing severe difficulties in accessing working capital, with the banking sector struggling to respond to their financing needs.Exporters say that access to pre-shipment finance-a lifeline for manufacturing and ...more

The scars of widespread financial looting that occurred during the 15 and a half years of the Awami League government are now deeply embedded in Bangladesh’s banking sector. What was once quietly dismissed as isolated cases of fraud has mushroomed into a full-blown systemic crisis, with four core indicators of banking health-loan defaults, lending growth, ...more

The government and Bangladesh Bank will be able to take new, stricter and more well-organized steps to protect the stability of the banking sector in Bangladesh. To this end, the 67-page Bank Resolution Ordinance, 2025 was gazetted last Friday (May 9), a holiday. Earlier, on April 17, the Advisory Council approved the draft of the ...more

The country’s banking sector’s profits in 2024 showed a mixed picture. The net or actual profits of some banks increased significantly. On the other hand, the profits of some banks decreased. However, many of the banks that suffered major looting during the previous Awami League government are believed to have incurred losses. The overall picture ...more