Sohela Hossain, a sponsor director of National Credit and Commerce Bank PLC (NCC Bank), has expressed her intention to sell 1.11 crore shares from her holding of 3.57 crore shares.
The government will not immediately increase fuel prices, even if oil prices rise in the international market due to the Israel-Iran conflict, said Finance Adviser Salehuddin Ahmed yesterday.
Google Pay is set to be launched in Bangladesh by the middle of next week, ushering in a new era of seamless digital transactions for consumers.
Biman Bangladesh Airlines has initiated a series of precautionary inspections across its entire Boeing Dreamliner fleet to ensure safety and operational integrity.
Just ten banks, both state-owned and private, account for 71 percent of all non-performing loans (NPLs) in the country’s banking sector.
The Insurance Development and Regulatory Authority (Idra) has appointed audit firms to carry out special audits of 15 life insurance companies for the 2022-2024 period to uncover possible irregularities as claim settlements continued to mount.
The interim government is formulating a distressed asset management ordinance that could pave the way for a state-owned corporation to buy and trade troubled assets from banks and non-bank financial institutions (NBFIs).
Bangladesh will propose to provide duty facilities to the US under a multilateral trading mechanism to retain low tariffs, as the 90-day pause of Trump’s reciprocal tariffs will come to an end on July 8.
The Bangladesh Bank (BB) will soon start the process to merge five Islamic banks into a single large bank, said Bangladesh Bank Governor Ahsan H Mansur yesterday.
The government plans to amend the existing sovereign guarantee guidelines to streamline the process and mitigate fiscal risks if public entities fail to make repayments on time, according to a finance ministry report.
The Israeli strike on Iranian nuclear facilities has intensified concerns in Asia’s LNG market, with trading companies, importers, and governments reviewing supply risks amid rising regional tensions, sources told Platts, part of S&P Global Commodity Insights, according to a recent report by S&P Global.
The International Chamber of Commerce (ICC) has joined a coalition of over 80 businesses and organisations from 25 countries in a Business Call to Action ahead of the 2025 United Nations Ocean Conference in Nice, France.
BRAC Bank PLC, one of the leading private commercial banks in the country, has announced that its board has approved the issuance of a Tk 1,000 crore social subordinated bond.
The intensifying Iran-Israel conflict has created ripples across the globe, affecting economies far removed from the battle zones.
The yards at the Chattogram port, which are designated for storing containers loaded with imports, exceeded their capacity yesterday as daily handovers to consignees did not gain pace during the Eid-ul-Azha holiday over the past week.
Disbursement of agricultural credit by scheduled banks surged significantly month-on-month in April, although it was slightly lower than that in the corresponding period of last year..According to a report by the Bangladesh Bank, banks disbursed a total of Tk 3,239 crore in agricultural lo
Three received the highest platinum rating and one gold rating
