Friday 17 July 2026
           
Friday 17 July 2026
       
Banks
CEOs of 4 SOBs to be changed soon
The banking community is abuzz with rumors of a change in the leadership of four state-owned banks. Although there has been no official decision or indication from the government in this regard, there has been strong discussion that the current managing directors (MDs) of Sonali, Janata, Agrani and Rupali Banks may be reshuffled. This has ...more
BD faces new  forex pressure
Bangladesh’s foreign exchange market is facing renewed pressure as the government’s expansionary fiscal policy fuels a sharp rise in import payments, increasing demand for US dollars and prompting Bangladesh Bank to temporarily suspend its dollar purchases from the market.Economists and banking experts have cautioned that while higher public spending and imports are essential to revive ...more
Janata Bank launches entrepreneur development training
A one-month Entrepreneur Development Training course has been launched at Janata Bank Staff College in Dhaka under the Skills for Industry Competitiveness and Innovation Program (SICIP), implemented by the Finance Division of the Ministry of Finance with financial support from the Asian Development Bank (ADB).The training programme is being conducted under the overall supervision of ...more
Sluggish lending hurts industrial expansion
Bangladesh’s private sector credit growth remained subdued in May despite a slight improvement from the previous month, reinforcing concerns that high borrowing costs, political uncertainty and banking sector weaknesses continue to restrain investment and slow the country’s economic recovery.According to the latest data from Bangladesh Bank, private sector credit growth stood at 4.98 percent in ...more
Mango production grows but export remains low
Despite a steady rise in mango cultivation and production across Bangladesh, farmers are growing increasingly frustrated as export volumes remain stagnant and well below potential. Although the country is in the peak mango season-popularly known as the “mango month”-growers say they are failing to benefit from the growing global demand for Bangladeshi mangoes due to ...more
Shariah banks under growing financial pressure
Bangladesh's Islamic banking sector experienced a significant deterioration in financial health in 2025, with worsening capital adequacy, rising defaulted investments, declining profitability and mounting liquidity pressures, according to the latest Financial Stability Report published by Bangladesh Bank.The report paints a concerning picture of the country's Shariah-based banks, many of which have struggled to meet regulatory ...more
Budget focus turns  to economic revival
Bangladesh’s economy is showing clear signs of a slowdown in business activity and job creation, placing strong pressure on the upcoming national budget to revive investment and restore growth momentum.Private investment has been declining steadily over the past few fiscal years. It stood at 24.52 per cent of GDP in fiscal year 2021-22, fell to ...more
Debt trap grips low and middle income families
Rising living costs, stagnant wages, and shrinking household savings are pushing a large section of Bangladesh’s low- and middle-income population into a deepening cycle of debt, according to affected families, field observations, and expert analyses.From medical emergencies to education expenses, wedding costs, and daily grocery needs, households are increasingly relying on loans from informal moneylenders, ...more
Investment slump  drains job creation
Bangladesh’s efforts to contain inflation through a prolonged high-interest-rate regime are increasingly weighing on investment, industrial expansion and job creation, raising concerns among economists and business leaders about the country’s growth prospects.The latest data from Bangladesh Bank show that private sector credit growth has fallen to one of its lowest levels in recent years, while ...more
Opportunity coming back  to whiten black money
The government is considering introducing special tax benefits in the upcoming 2026-27 budget to legalize undisclosed assets or money in the country and abroad. The concerned officials said that this initiative may be taken to end the stagnation in private investment and bring idle capital into the mainstream of the economy. This information has been ...more
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