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Why digital banks may be more successful

Bangladesh Bank issued comprehensive guidelines for establishing digital banks in mid-June. This important decision has generated a lot of excitement among different groups, including major banks, non-banking financial institutions (NBFIs) and innovative startups. ....

Bank Company , Bangladesh Bank , Bank Company Act ,

Recent Amendments in the Bank Company Act, 1991

Recently, the Bank Company Act, 1991 has been amended to bring about significant changes in various provisions of the Act. To curtail family influence on the board of directors, section 15 of the Act has been amended and according to this new ....

Bangladesh Bank , Bank Company , Bank Company Act ,

Banks can now invest more in stock market

Bonds, debentures and Shariah-based products like sukuk from now on cannot be shown as a component of banks’ stock market exposure, according to a circular of Bangladesh Bank yesterday.  ....

Bangladesh Bank , Bank Company , Bank Company Act , Statement Regarding Total Investment , Capital Market ,