80 news articles tagged with "Banking Reform"
With debt-to-GDP ratio at 41 per cent in FY25 and domestic debt servicing consuming nearly half of revenue, Bangladesh faces a debt conundrum that demands revenue mobilisation and expenditure rationalisation.
GED plan targets USD 4,591 per capita income and 8.5% GDP growth by FY2031. Current income USD 2,958. Three-phase transformation plan. Inflation target 5% by 2031. Banking sector reform plan included.
Bangladesh Bank withdrew administrator team from Social Islami Bank (SIBL). Part of phased transition of merged Islamic banks. Follows Exim Bank withdrawal July 30. Regular management taking over.
Bangladesh Bank to withdraw administrators from merged Islamic banks by Aug 15. Sammilito Islami Bank gets new chairman and MD. Exim Bank administrator withdrawn July 30. 5 banks merged.
Bangladesh Bank lifted lending caps on Sonali Bank's 5 major corporate branches. Previous limits ranged Tk 50M-Tk 200M. Caps first introduced 2007 under World Bank reform programme, tightened after 2012 Hall-Mark scam.
Anis Ahmed, founder and Group CEO of Singapore-based MGH Group operating in 26 countries, has been elected Chairman of Eastern Bank PLC (EBL) effective July 27, 2026. He previously served on EBL's Executive Committee and as Chairman of its Risk Management Committee.
A technical fault at Rampal power plant's second unit has cut generation by half to below 600MW, even as Adani Power's Godda plant resumed supply after its own three-day shutdown.
Bangladesh's banking sector NPLs hit Tk 6,06,555 crore by June 2026, with just 10 banks accounting for 72% of the total — exposing deep governance failures and the cost of related-party lending.