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

NFAs drive Tk 7.77b remittance inflow in Jan-Mar quarter

Bangladesh's efforts to broaden financial inclusion continue to gain momentum, with no-frill accounts (NFAs) attracting deposits of Tk 69.63 billion and channelling Tk 7.77 billion in inward remittances as of March 2025. These low-cost bank accounts - tailored for low-income groups, students, farmers, and other marginalised communities - now number...

Chief Adviser Professor Muhammad Yunus in a photo session with the guests

Chief Adviser Professor Muhammad Yunus in a photo session with the guests attending the China-Bangladesh Conference on Investment and Trade in the Bangladesh Investment Development Authority (BIDA) office in the city on Sunday — PID Photo

TCB gets Tk150b from govt to offset its trade gap

The government has provided Trading Corporation of Bangladesh (TCB) with Tk 150 billion as subsidy to help offset its trade gap for current fiscal 2024-'25 on account of selling key essentials at subsidised rates.The Ministry of Finance has already issued an order to this effect recently, according to officials.Earlier, the...

NRBC Bank receives 'Letter of Appreciation' from Bangladesh Bank

In recognition of its outstanding participation in an international financial inclusion initiative, NRBC Bank has been awarded a 'Letter of Appreciation' by the Bangladesh Bank. Dr. Md. Touhidul Alam Khan, Managing Director and CEO of NRBC Bank, received the "Letter of Appreciation" from Dr. Md. Habibur Rahman, Deputy Governor of...

Visa partners with Meghna Bank to launch Visa Direct for Account

Visa, a global leader in digital payments, has partnered with Meghna Bank PLC to launch Visa Direct for Account in Bangladesh. This first-of-its-kind partnership in the country introduces an innovative outward remittance channel to facilitate faster and cost-effective payments to eligible bank accounts globally. The agreement was signed recently. Sabbir...

IATA expects sustainable aviation fuel production to double in 2025

SEOUL, June 1 (Reuters): The International Air Transport Association said on Sunday it expects the amount of sustainable aviation fuel produced to double in 2025 to reach 2 million tonnes, representing 0.7 per cent of airlines' fuel consumption.Influential industry body IATA has increasingly been warning that airlines will struggle to...

Court freezes 141 accounts of Sonali Life chairman, family members

A court in Dhaka on Sunday ordered to freeze 141 bank accounts of former chairman of Sonali Life Insurance Company Limited Mostafa Golam Kuddus, his family members and former CFO of the company.Senior Special Judge of Dhaka Metropolitan Sessions Court Zakir Hossain Galib passed the order following a petition submitted...