Shimanto Bank Opens ATM Booth for 28 BGB Battalion in Sunamganj
Shimanto Bank has opened an ATM booth for the 28 BGB Battalion in Sunamganj, expanding banking access to border security forces in northeastern Bangladesh.
⚡ Breaking
Bangladesh Development Spending Plunges to 53-Year Low Amid Austerity and Administrative Disruption
Bangladesh Bank Cuts Policy Rate to 9.5 Percent in First Reduction Since 2020
Bangladesh to Sign Comprehensive Economic Partnership Agreement with South Korea on August 4
PM Tarique Rahman Orders Reopening and Privatisation of Closed State-Run Factories by 2026
Gas Crisis Halves Bangladesh Textile Output as BGMEA, BKMEA and BTMA Seek Urgent Action
Economy & Finance News
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Bangladesh Bank Extends Deadline for Banks to Settle Disciplinary Cases
Bangladesh Bank has extended the deadline for banks to settle disciplinary cases against their staff, providing more time for resolution of pending proceedings.
📊 Economy & Finance
IFIC Bank Holds BAMLCO Conference to Strengthen Anti-Money Laundering Compliance
IFIC Bank has held a conference for its Branch Anti-Money Laundering Compliance Officers (BAMLCOs) to strengthen anti-money laundering and counter-terrorism financing compliance across its network.
📊 Economy & Finance
Bangladesh Classified Loan Accounts Double to 45.83 Lakh as Retail Defaults Surge
The number of classified loan accounts in Bangladesh's banking sector more than doubled to 45.83 lakh in March 2026, with the most dramatic surge in retail loans. NPL ratio rose to 32.7%, with Bangladesh Bank warning of 'mass retail-level deterioration' and 'widespread financial stress'.
📊 Economy & Finance
Bangladesh Bets on Investment-Led Growth Strategy to Create Jobs and Boost Revenue
The Bangladesh government has adopted an investment-led economic strategy aimed at creating jobs, boosting production, and raising revenue without increasing tax rates. Finance and Planning Adviser Rashed Al Mahmud Titumir unveiled the model at the Bengal Delta Conference 2026.
📊 Economy & Finance
Bangladesh Trade Deficit Widens 24% to $23.98 Billion as Exports Fall and Capital Imports Slump
Bangladesh's trade deficit surged nearly 24 percent to $23.98 billion in FY 2025-26 as exports fell and capital machinery imports dropped 10.68%. A record $35.5 billion in remittances cushioned the external sector from severe distress.
📊 Economy & Finance
Bangladesh Bank Overhauls Export Development Fund with SOFR-Based Pricing
Bangladesh Bank has issued a comprehensive Master Circular for the Export Development Fund (EDF), consolidating multiple previous circulars and adopting SOFR-based pricing to align with global financial standards.
📊 Economy & Finance
Bangladesh Bank Eases Forex Rules for Freelancers and IT Service Exporters
Bangladesh Bank has introduced new measures to simplify foreign currency transactions for freelancers and individual service exporters. IT freelancers can now retain 50% of export earnings in USD, transactions up to $20,000 need no formal declaration, and dual-currency "Freelancer Cards" will be issued.
📊 Economy & Finance
Bangladesh GDP Growth Declines for Third Consecutive Quarter, BBS Data Shows
Bangladesh's GDP growth declined for the third consecutive quarter, with the January-March quarter growing only 2.22%, down from 4.96% in Q1 and 3.03% in Q2. The industry sector contracted by 0.28%, raising concerns about the country's economic momentum.
📊 Economy & Finance
Sustainable Finance Holds the Key to Bangladesh's Low-Carbon Industrial Transition
Bangladesh Securities and Exchange Commission Chairman Masud Khan has emphasised that sustainable finance instruments — green bonds, social bonds, sustainability-linked loans — will be critical to funding the country's low-carbon industrial transition.
📊 Economy & Finance
IMF Reviews Bangladesh External Debt Risks Amid Slow Loan Disbursements
The International Monetary Fund has conducted a review of Bangladesh's external debt risks, noting concerns about slow loan disbursements and the country's ability to manage its growing external obligations amid economic headwinds.
📊 Economy & Finance
IMF Warns Bangladesh GDP Growth Could Slow to 3.5% in FY2027 Without Decisive Reforms
The International Monetary Fund has projected Bangladesh's GDP growth to slow to 3.5% in FY2027, warning it could weaken further to below 3% over the medium term unless the country undertakes decisive reforms in revenue mobilization, banking sector, and fiscal management.