Credit discipline has eroded over time, and regulatory enforcement has not kept pace with the risks. Without decisive reform, the situation could escalate into a full-blown financial crisis Bangladesh's banking sector is grappling with deepening structural challenges as a lack of meaningful reform, soaring default loans, and persistent governance failures continue to undermine financial stability. ...more

“Many banks are failing to provide the required dollar support for importers, forcing businesses to delay or scale down their operations,” Bangladesh’s banking sector is facing mounting pressure as a persistent shortage of foreign currency and a steadily rising exchange rate continue to disrupt import activities and trade operations, industry insiders and economists have warned.Commercial ...more

Bangladesh's apparel sector took a decisive stride towards digital transformation as Dhaka played host to a high-level AI and Automation Innovation Event, convening global technology leaders and prominent local industry stakeholders.Jointly organised by Centric Software—a global leader in Product Lifecycle Management (PLM) solutions—and US-based technology firm Zukunu Inc, the event underscored strategic collaboration in driving ...more

Al-Arafah Islami Bank PLC, country's one of the leading Shariah-based banks, has signed a Memorandum of Understanding with Filon Poultry and Fish Feeds PLC. Under the agreement, Filon Poultry and Fish Feeds will collect sales prices from its distributors through the bank's branches, sub-branches and other distribution channels by connecting through the bank's Application Programming ...more

Bringing microfinance institutions under a banking framework in the name of regulation would amount to corporate encroachment and cannot be accepted. The interim government's proposed Microcredit Bank Ordinance-2025 must be withdrawn immediately. Speakers alleged that the ordinance represents a clear blueprint to dismantle the microfinance sector under the guise of banking reform. They further questioned ...more

BRAC Bank has convened its inaugural 'Agent Engagement Meeting' in Cox's Bazar, uniting agents from Cox's Bazar and Lohagara. The event, held on 5 April 2026, provided a forum to address the current landscape, challenges, and emerging opportunities in agent banking, with the aim of advancing financial inclusion and driving business expansion.The event was attended ...more

IFIC Bank PLC and Western Union have announced the winners of their Ramadan Campaign 2026 raffle draw, held recently in Dhaka. Under the banner 'Bring remittance, win prizes!', all customers who received remittances via Western Union at IFIC Bank branches nationwide during Ramadan were rewarded with assured gifts. Three customers were further selected as raffle ...more

Professor Dr FM Siddiqui has officially taken charge as Vice-Chancellor of Bangladesh Medical University, assuming office on Sunday. He commenced his first working day on Monday, 6 April, urging all staff to fulfil their responsibilities with diligence. On his inaugural day, Professor Siddiqui was welcomed with flowers by the university administration and outgoing acting vice-chancellor. ...more

Prime Bank PLC. has promoted Md Ziaur Rahman to the position of Additional Managing Director (AMD).With more than 30 years of diverse experience in the banking sector, Mr. Rahman has strong expertise and has served as Branch Manager, Head of Credit Risk Management, Head of Syndicate and Structured Financing and Head of Corporate Business along ...more

Al-Arafah Islami Bank PLC, one of the leading Shariah-based banks in the country, has honored its officials who have served the institution for more than 25 years in recognition of their long-standing dedication, integrity, and significant contributions to the bank. Managing Director Mohd. Rafat Ullah Khan attended the program as the chief guest and presented ...more