Dhaka Bank PLC aspires to become the country's top bank across all performance indicators within the next three years by bringing back its past glory riding on digital transformation. To achieve the prime objective, the second-generation private commercial bank, which commenced its operation on Ju

Government's bank-borrowing debt deepens as the borrowed aggregate sum ballooned over the revised higher target to Tk 1.32 trillion even before the just-past financial year's end. To meet budgetary shortfall, the government had initially set a bank-borrowing target of Tk 1.04 trillion for the fisc

Bangladesh Bank continues its contractionary monetary-policy stance with the existing elevated policy rate unchanged to curb inflationary burden though some of its recent decisions raised questions over regulatory tightfistedness. The central bank's governor, Md. Mostaqur Rahman, Tuesday unv

Southeast Bank PLC enhanced its efforts to expand its Small and Medium Enterprises (SME) portfolio treating it a national economic priority. The bank's Head of SME and Agri. Credit Division Mohammad Ashikuzzaman Khan shared this information in an interview with the Financial Express (FE) recently.

After a downturn, inflation-fueling high-powered money has surged again, largely negating the effect of a contractionary policy pursued by the regulator to stem price rises. The money being injected into the market through some channels is stoking fear of higher monetary regime ahead. Money

Bangladesh Bank (BB) has decided to re-impose a cap on the interest-rate spread of commercial banks to facilitate business activities by reducing lending costs. The decision was taken at the central bank's board meeting held on Tuesday with BB Governor Md. Mostaqur Rahman in the chair. A number of

Bankers liken it to a double-edged sword cutting both ways as banking-sector profitability plummets for squeezing interest margin (NIM) due to persisting economic sluggishness while they have to pay set deposit interest. As core business areas of the commercial banks continue to squeeze amid credi

Offshore-banking operations face setbacks following regulatory instructions downsizing the cost-ceiling rate on foreign-currency lending to businesses that dents profitability of commercial banks and may ultimately affect the economy. As the spread on foreign-currency loans squeezes under th