Of the amount, $500 million will go towards stabilising and reforming the banking system, while $400 million will support efforts to build climate resilience, reduce emissions, and promote inclusive d ...

The Asian Development Bank (ADB) on Thursday approved a $500 million policy-based loan to stabilise and reform the banking sector in Bangladesh by strengthening regulatory supervision, corporate ...

Bangladesh Bank has stopped the circulation of newly printed banknotes. The decision has resulted in a financial loss of around Taka 15,000 crore and scarcity of clean currency in the market.

DHAKA: Bangladesh and the World Bank on Wednesday (Apr 23) signed two financing agreements worth US$850 million to strengthen the South Asian country's trade capacity, create jobs, and modernise ...

has said that Sri Lanka’s Hatton National Bank (HNB) has decided not to proceed with the acquisition of BAFL’s operations in Bangladesh. “We refer to the disclosures of material information ...

As the unrest in Bangladesh continues, the country's central bank has announced it will be printing new currency notes under the interim government led by Muhammad Yunus. These notes will be ...

Bangladesh Financial Intelligence Unit (BFIU) sent these directives to suspend all transactions related to the 17 bank accounts, including arrested Chinmoy Das. Bangladesh authorities have ordered ...

Bangladesh's financial authorities have ordered freezing for 30 days the bank accounts of 17 people associated with ISKCON, including its former member Chinmoy Krishna Das, according to media ...

The Bangladesh Bank is set to rescue problem banks including some Shariah-based banks controlled by S Alam Group by managing liquidity or merging a few. For instance, Exim Bank has already been ...

Bank Asia Limited, a private-sector commercial bank in Bangladesh, intends to acquire Bank Alfalah Limited (BAFL) Bangladesh’s operations along with its assets and liabilities. BAFL, one of ...

Bangladesh Development Bank Ltd will be merged with Sonali Bank, and Rajshahi Krishi Unnayan Bank will be taken over by Bangladesh Krishi Bank, according to a central bank official. The primary ...

"Bangladesh and the World Bank have a strong partnership focused on achieving the country's vision of upper-middle-income status by 2031 and higher income status by 2041," said Khan. Seck said ...