Prof Maksudur Rahman Sarker Elected Chairman of SBAC Bank
Prof Md Maksudur Rahman Sarker, an independent director and head of accounting at Dhaka University, has been elected chairman of SBAC Bank PLC as the lender navigates sector-wide reforms.
222 news articles tagged with "Bangladesh Bank"
Prof Md Maksudur Rahman Sarker, an independent director and head of accounting at Dhaka University, has been elected chairman of SBAC Bank PLC as the lender navigates sector-wide reforms.
Citizens Bank PLC has signed a participation agreement with Bangladesh Bank under the Tk 5,000 crore revolving refinance fund, extending 9% interest working capital to CMSME borrowers.
BSEC launches new official website www.sec.gov.bd with modern features, improved cybersecurity, and faster investor services. Chairman Masud Khan leads the digital transformation initiative.
Meghna Bank has received BSEC approval to raise Tk 400 crore through a 7-year subordinated bond, strengthening its Tier-II capital base under Basel III framework.
Bangladesh's FY26 import bill rose 10% to $75.20 billion, driven by 107% surge in petroleum costs and 42% rise in fertiliser payments due to Iran war — not by investment demand.
Dhaka Stock Exchange turnover plunged 58.13% from Tk 1,211 crore to Tk 507 crore in 15 trading sessions as weak liquidity, gas crisis, and investor uncertainty grip the market.
Bangladesh Bank has announced that depositors of Sammilito Islami Bank can withdraw principal amounts from September 1, 2026, with the governor assuring no profit haircut.
Bangladesh Bank has granted special permission to SS Power-1 Limited, owned by S Alam Group, to open LCs via Rupali Bank with 100% cash margin, despite the company being a loan defaulter exceeding Tk 2.25 trillion.
Bangladesh Bank and PKSF sign Tk 5,000cr deal to create 200,000 jobs through microenterprise financing. Three components: financial services, business clusters, skills development. Revolving fund model.
Bangladesh Bank sets Tk 60,000cr agricultural credit target for FY27, 54% higher than FY26. New categories: fish fingerlings, duck/chick, camel farming, organic fertiliser. BB Governor Mostaqur Rahman unveils target.
Bangladesh Bank allocates 50% of sukuk to Shariah-based banks, 30% to Islamic branches of conventional banks, 10% to individuals. Tk 30,000 crore sukuk auction upcoming. Separation addresses Shariah banks investment restrictions.
Bangladesh Bank requires NBFI borrowers to withdraw pending lawsuits against government, BB, or finance companies before receiving policy support. Affidavit required. Move aims to reduce financial sector litigation.