Reforms being carried out to solve crisis: Dr Salehuddin
Reforms being carried out to solve crisis: Dr Salehuddin

Finance Adviser to the interim government Dr Salehuddin Ahmed has said that reforms in various sectors, including in financial, capital market and banking ones, are being carried out to solve the crisis that the interim government inherited from the previous regime, reports Dhaka Tribune. The...

Israeli legislator banned for speaking against “slaughter in Gaza”
Israeli legislator banned for speaking against “slaughter in Gaza”

Israeli legislator Ofer Cassif says he will keep speaking against slaughter in Gaza as the Knesset Ethics Committee imposed a complete parliamentary ban, apart from voting on him for six months, reports Al Jazeera. The legislator has been banned for remarks he made in support of Palestinians in...

Australia moves to keep its banks in Pacific
Australia moves to keep its banks in Pacific

Australia will move to stem the exodus of its banks from the Pacific Islands, the countrys top economic official said, as concerns mount that China could bolster its influence by filling in the gaps. For years, Western banks have been shuttering branches throughout the South Pacific, citing...

Angry account holders lock down National Bank’s branch
Angry account holders lock down National Bank’s branch

Frustrated customers of National Banks Shibganj branch in Sylhet locked the main entrance of the bank on Wednesday in protest after being unable to withdraw their deposits, a situation that has reportedly persisted for several days, reports UNB. The agitated account holders gathered at noon...

Tk 111 crore on paper, Tk 500 crore in reality
Tk 111 crore on paper, Tk 500 crore in reality

The Anti-Corruption Commission (ACC) is investigating former Finance Minister AHM Mustafa Kamal, also known as Lotus Kamal, over discrepancies in reported assets. The ACC has identified Tk 111 crore in assets on paper, but believes the true value could reach Tk 500 crore. To support its inquiry,...

Govt appoints MDs at 10 state-owned banks
Govt appoints MDs at 10 state-owned banks

The government has appointed managing directors (MDs) at six state-owned commercial banks and four state-owned specialised banks, said a notification on Monday. The letters have been sent to the chairmen of six state-owned commercial banks -- Sonali, Rupali, Agrani, Janata, Bangladesh...

Credit card usage in country declines in August
Credit card usage in country declines in August

The trend in usage of credit-card in all categories in Bangladesh showed a noticeable decline in August 2024. The above information was found from Bangladesh Bank data. The economic activity across the country was also following a downward trajectory. The Bangladesh Bank (BB) data revealed...

BB simplifies forex rules
BB simplifies forex rules

Bangladesh Bank (BB) has simplified foreign exchange rules through three separate circulars, allowing banks to remit different types of payments abroad without its approval. The rules will apply to banks making payments to accounts that handle lease rentals by airlines incorporated in...