A meeting on the modernization and digital transformation of Ansar-VDP Development Bank was held at the Bangladesh Ansar and Village Defence Party headquarters on Monday, focusing on the implementation of a Core Banking System (CBS), establishment of Disaster Recovery (DR) and Data Centre (DC) sites, and adoption of cloud-based infrastructure.The meeting was chaired by Major ...more

In the first six months of the BNP government, one of the key monetary policy moves was a reduction in the policy interest rate. In an effort to stimulate investment and employment, Bangladesh Bank lowered the policy rate to 9.5 per cent on 30 July, after keeping it unchanged for 21 months.The government expects that ...more

Zarif MahmudBangladesh is witnessing a sharp rise in load-shedding as gas shortages have forced gas-fired power plants to reduce generation, creating a widening gap between electricity supply and demand.The country recorded its highest load-shedding of 3,757 megawatts at 1am on Sunday, while the shortage stood at 3,123MW around 5pm on Monday, according to officials.Officials of ...more

Bangladesh is witnessing a sharp rise in load-shedding as gas shortages have forced gas-fired power plants to reduce generation, creating a widening gap between electricity supply and demand.The country recorded its highest load-shedding of 3,757 megawatts at 1am on Sunday, while the shortage stood at 3,123MW around 5pm on Monday, according to officials.Officials of the ...more

Bangladesh is preparing a new surveillance framework for mobile financial services (MFS) transactions to combat fraud, money laundering, fake SIM cards and fraudulent MFS accounts, with authorities planning to use artificial intelligence (AI), machine learning and real-time location data.Under the proposed system, authorities will be able to monitor who sends money, who receives it, where ...more

Bangladeshs initiative to launch digital banks has remained in uncertainty for nearly 10 months, with 12 institutions submitting applications but none receiving a final licence yet. Although the evaluation of the applications is reportedly nearing completion, differences have emerged within Bangladesh Bank over the necessity of allowing new digital banks amid the ongoing crisis in ...more

Bangladesh's banking sector is facing growing pressure on earnings as weak private-sector credit demand and declining returns on government securities reduce two of the major avenues for generating income.Bankers say yields on Treasury bills have fallen below 9 percent, while interest rates on Treasury bonds have declined to slightly above 10 percent from around 12 ...more

Bangladesh Commerce Bank today organized Foundation Training Course of Probationary Officer-2026 at bank’s training institute. Mr. Md. Ataur Rahman, honorable Chairman Board of Directors was present in the occasion as a chief guest. Among others Mr. Obaidul Hoque Managing Director also present on that occasion as chair. Training course will continue from August 9, 2026 to ...more

Transactions are commonly conducted through mobile financial services (MFS) such as bKash, Nagad and RocketOnline gambling is rapidly spreading across Bangladesh, leaving thousands of people financially devastated while exposing the country’s young population to organised cybercrime, money laundering and illicit fund transfers.Criminal networks are luring people with promises of returns two to ten times their investment ...more

* Why banks short of liquidity?* Where did deposits go?* Businesses delay new investment* Gas, power shortages hamper borrowings* Tk76,000cr liquidity support fails to fix crisis* Banking reforms face long road* Confidence key to recoveryMahfuja MjukulBangladesh’s banking sector is facing a puzzling contradiction. Private-sector credit growth has fallen to a 33-year low, yet several banks continue ...more