Bangladesh shifts fiscal gears as bank debt falls

, Nov. 23 -- The interim government has reversed years of aggressive bank borrowing, opting instead to repay outstanding loans in a move economists said could unlock fresh credit for the private secto... Read More

Bangladesh economy in 'waiting vortex'; experts urge credible elections

, Nov. 15 -- Bangladesh's economy is caught in a debilitating 'waiting vortex' of stagnant investment, high inflation and weak business confidence, with experts saying only a credible and participator... Read More

Islami Bank hit by 'Tk 10,000cr losses after years of irregular hiring'

Dhaka, Oct. 4 -- Islami Bank Bangladesh PLC is facing a severe financial and managerial crisis due to years of irregular recruitment under S. Alam Group, according to officials. The bank's management... Read More

Forced merger of five Shariah banks in Bangladesh faces daunting challenges

, Sept. 20 -- Bangladesh Bank's plan to merge five weak Islamic Shariah-based banks into a single state-owned entity has been hailed as a bold attempt to stabilise the banking sector, but experts warn... Read More

Islami Bank regains customer trust amid remarkable growth in post-uprising era: Omar Faruk Khan, MD and CEO

Dhaka, Sept. 19 -- After changing leadership in August 2024, Islami Bank Bangladesh PLC has achieved extraordinary growth, significantly increasing its customer base and deposits while paying off all ... Read More