Finance News: Latest Financial News, Finance News today in Bangladesh

High-level team leaves for UN next week

A high-level Bangladeshi delegation will travel to the United States next week to lobby 54 member-states of the UN Economic and Social Council (ECOSOC) for support to the country's request to defer its graduation from least- developed country (LDC) status by three years.The team, led by Commerce Minister Khandaker Abdul...

Consumer lending rises for 3rd straight quarter in FY26

Consumer lending in the country's banking sector continued its upward trajectory in the January-March quarter of FY26, with outstanding loans surpassing Tk 1.58 trillion despite elevated lending rates and persistent inflation.The steady increase indicates that households are increasingly relying on bank financing to meet housing, education, healthcare and other personal...

July-May figure shrinks to $301m

Bangladesh's current- account deficit (CAD) narrowed sharply in the first 11 months of the fiscal year 2025-26, helped by record remittance inflows and slower import growth, according to the Bangladesh Bank data released Wednesday.The deficit narrowed to $301 million during the July-May period of FY26 from $1.23 billion in the...

Country braces for widespread flooding as major rivers swell

Bangladesh's flood outlook has worsened as relentless monsoon rains and heavy downpours in upstream regions of adjoining Indian states continue to swell major rivers, prompting warnings of flash floods in several northern and southeastern districts.The Flood Forecasting and Warning Centre (FFWC) of the Bangladesh Water Development Board (BWDB) on Wednesday...

NPL in banks with higher trade finance exposure exceeds 80pc: BIBM study

Non-performing loans (NPLs) in banks with significantly higher trade-finance exposure range between 40 per cent and 50 per cent, according to a study of the Bangladesh Institute of Bank Management (BIBM).And the rate exceeds 80 per cent in banks having both high overall NPLs and substantial trade-finance exposure, it revealed.The...

New UN envoy Irene gets state minister status

The government has granted state minister status to Bangladesh's newly appointed Permanent Representative to the United Nations in New York, Ambassador Irene Khan, reports BSS.The Cabinet Division today issued a gazette notification stating that Irene Khan has been accorded the status of a state minister while serving as Bangladesh's Permanent...

Abdur Rahman tipped to be next alternate WB ED

Abdur Rahman Khan, immediate-past chairman of the National Revenue Board (NBR), is likely to become next alternate executive director representing Bangladesh at the World Bank headquarters in Washington, DC, reports UNB.The official process is currently underway, and the official gazette notification is likely to be issued soon, according to an...

An autorickshaw carries far more passengers than its capacity, putting lives at risk. The photo was taken

An autorickshaw carries far more passengers than its capacity, putting lives at risk. The photo was taken from the capital's Banglamotor area on Wednesday. — FE Photo by K Asad-Uz-Zaman