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Parliamentary standing committee discusses providing Smart Cards to remitters, their families

DHAKA, April 24, 2024 (BSS) - The Parliamentary Standing Committee on Ministry of Finance today discussed the issue of providing non-financial stimulus

Sonali Bank, BDBL get nod from boards for merger

The board of directors of BDBL approved the merger plan in an emergency meeting on April 8, said Md Habibur Rahman Gazi, managing director and CEO of the bank.

IMF's 3rd loan tranche on track despite repeated failure to hit reserve goal

IMF loan to Bangladesh : The minimum net international reserves (NIR) will also remain below the threshold when an IMF mission visits Dhaka next week to review the progress of the programme before releasing around $681 million in the third tranche in May.

BASIC Bank to merge with City Bank in strategic consolidation move

BDBL to be merged with Sonali Bank, Rakub with Krishi Bank

Bangladesh Development Bank Ltd (BDBL) will be merged with Sonali Bank while Rajshahi Krishi Unnayan Bank (Rakub) will be taken over by Bangladesh Krishi Bank (BKB), according to a central bank official.