News
FY2026 budget proposal shifts credit card issuance decisions to commercial banks
10+ hour, 50+ min ago (165+ words) The government has proposed transferring the authority to approve and launch new credit cards to the boards of commercial banks, removing the requirement for prior approval from Bangladesh Bank. Finance Minister Amir Khosru Mahmud Chowdhury made the proposal during his…...
Higher productive credit flow envisaged for job generation
3+ week, 1+ day ago (835+ words) Next monetary policy of Bangladesh is going to be a bit bounteous with greater credit flows into productive sectors for much-needed job generation while exchange-rate regulation remains an inflation-combat tool. Such a preview is obtained by The Financial Express as…...
Gaps in CIB reporting: A concern for credit risk management
1+ mon, 2+ week ago (231+ words) A particularly critical element of the CIB report is the "Requested Contract Category," which indicates whether a borrower has recently applied for credit facilities at other banks or non-bank financial institutions. This feature is essential for identifying multiple concurrent loan…...
Transactions thru' plastic money almost double to Tk 479. 05b in five years
1+ mon, 2+ week ago (580+ words) Bangladesh's card-based payment ecosystem has expanded significantly over the past five years as the number of issued cards more than doubled and transaction volumes rose sharply, reflecting a growing reliance on digital financial services. According to the latest Bangladesh Bank…...