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Bangladesh Bank has suspended the release of newly printed banknotes, leading to an estimated financial loss of around Taka 15,000 crore. Written by FE Online April 29, 2025 20:09 IST ...
According to media reports, Bangladesh Bank is unable to issue new notes to banks in line with demand. The crisis became evident following the country’s political upheaval in Aug last year.
Bank Alfalah Limited (BAFL) 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 ...
Bangladesh Bank (“BB”) is focusing on five merger proposals and won’t accept new ones for now. Sonali Bank aims to acquire Bangladesh Development Bank Ltd (BDBL), Bangladesh Krishi Bank (BKB) to take ...
NEW DELHI: After slashing the power supply to Bangladesh over non-payment of dues, Adani Power has set a deadline of Nov 7 to switch off the flow of electricity if there is no clarity on ...
The company said that the PDB has neither provided a letter of credit (LC) for an amount of USD 170.03 million from Bangladesh Krishi Bank nor cleared the outstanding amount of USD 846 million.
DHAKA - Four deputy governors of Bangladesh's central bank were forced to resign on Wednesday after about 300-400 officials protested against what they said was corruption by top officials, two ...
Bangladesh Krishi Bank (BKB) has been incurring losses for at least 30 years due mainly to structural weaknesses as the state-run lender has to lend at lower interest rates, pay more for deposits ...
DHAKA, January 22, 2023—World Bank Managing Director for Operations Axel van Trotsenburg reaffirmed the World Bank’s strong support for Bangladesh as he marked the 50th anniversary of fruitful ...
Bangladesh Krishi Bank recently promoted three general managers to deputy managing directors. Of them, Salma Banu previously served as general manager of Rupali Bank, where she began her banking ...
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