278 news articles tagged with "Bangladesh Bank"
Bangladesh Bank has introduced a KPI framework for bank MDs and CEOs, with assessment based on solvency, asset quality, governance, profitability and customer conduct.
Bangladesh's economic malaise reflects a multidimensional plunder economy where extortion, bank looting, political patronage and capital flight reinforce each other, argues economist Abdullah A Dewan.
Industry leaders at a Daily Star discussion blamed political patronage, regulatory forbearance and wilful defaulter impunity for Bangladesh's record Tk 6 lakh crore NPLs.
26,056 Sammilito Islami Bank customers withdrew Tk1,040cr in 3 days (7-9 Sept). 58,745 applied for Tk3,304cr total. 31.5% paid so far. Bank continues receiving fresh deposits of Tk141-195cr per day.
Bangladesh Parliament repealed Section 18A of Bank Resolution Act, which allowed former bank owners to buy back ownership at 7.5% upfront. No applications received since enactment. Finance Minister Khosru moved the amendment.
Brent crude breached $100/barrel as Strait of Hormuz oil flow estimates range wildly from 6M to 17M barrels/day. The uncertainty is creating a risk premium that directly affects Bangladesh's LNG and energy import costs.
UNCTAD report shows smaller firms in developing countries pay 20% of goods value in import requirements. SME interest rates in developing economies average 15.8% vs 6.3% developed. Strait of Hormuz disruptions worsening costs.
PM Tarique Rahman announced feasibility study completion for Chattogram-Dhaka electric train in Parliament. Dual-gauge double-track projects for Tongi-Akhaura and Laksam-Chattogram sections also progressing.
Bangladesh and Hong Kong signed an Investment Promotion and Protection Agreement (IPPA) at the Belt and Road Summit 2026. Hong Kong is Bangladesh's 7th-largest FDI source with $750M invested over 5 years.
Keya Group laid off 613 workers at four Gazipur factories citing banking complications, gas supply disconnection and excess workforce. Workers receive dues within 30 working days under Section 20 of Bangladesh Labour Act 2006.
Bangladesh's trade deficit widened to $2.09 billion in July 2026 from $1.5 billion a year earlier, driven by surging petroleum and fertiliser imports amid US-Iran war pressure.
Bangladesh government halved aromatic rice export quota for 278 exporters as domestic Chinigura prices surged 21% to Tk 230/kg, with only 5.3% of approved volume shipped by August 30.