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

US Ambassador holds talks with Finance Minister

US Ambassador in Dhaka Brent T. Christensen holds talks with Finance Minister Amir Khosru Mahmud Chowdhury at his ministry on Wednesday. — PID

Budget to be placed considering every citizen of Bangladesh: Khosru

Finance and Planning Minister Amir Khosru Mahmud Chowdhury on Wednesday said that the incumbent government would place the national budget for FY27 in Jatiya Sangsad on June 11 considering each and every citizen of Bangladesh."In Sha Allah, this budget will be placed on June 11. This budget is being prepared...

Inclusion of scheduled bank officials in 'Progoti Scheme' stressed

A review meeting aimed at accelerating the participation of officials and employees of scheduled banks in the "Progoti Scheme" under the Universal Pension Scheme was held at the Multipurpose Hall of the Finance Division at Bangladesh Secretariat on Wednesday.The meeting was chaired by Nazma Mobarek, secretary of the Financial Institutions...

BRAC Bank aims to become largest remittance bank

BRAC Bank has achieved strong growth in inward remittances over the past five consecutive years and now aims to become Bangladesh's largest remittance bank by 2028.As remittance customers increasingly prioritise speed, security, and accessibility, BRAC Bank has continued strengthening its remittance banking capabilities through global partnerships, nationwide accessibility, digital innovation,...

NCC Bank signs agreements with BB to finance CMSMEs

NCC Bank has recently signed two participation agreements with Bangladesh Bank (BB) to strengthen financing support for Cottage, Micro, Small and Medium Enterprises (CMSMEs) under BB's Tk 30.00 billion Cluster Finance Refinance Scheme and Tk 15.00 Billion Financial Sector Fund for the Development of Micro, Small and Medium Enterprises (FSFDMSME)....

Al-Arafah Islami Bank provides financial assistance to fishermen

As part of its Corporate Social Responsibility (CSR) initiatives, Al-Arafah Islami Bank has launched a nationwide financial assistance programme for fishermen affected by the annual fishing ban. Under the programme, financial support amounting to Tk 7.9 million will be distributed among 784 fishermen across the country. Managing Director and CEO...

Fund agreement signed for $70m GREEN project

A subsidiary loan and grant agreement was signed on Wednesday for the implementation of the "Growth for Climate Resilient and Environmental Entrepreneurship and Nutrition (GREEN)" project to promote climate-resilient agriculture, environment-friendly entrepreneurship and improved nutrition in the country, reports UNB.The agreement was inked between the Finance Division and Palli Karma-Sahayak...

OECD cuts 2026 global growth forecasts over Mideast war fallout

PARIS, France, June 3 (AFP): The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective ceasefire is agreed before 2027, the OECD warned Wednesday.Global economic growth is now forecast to slip to 2.8 percent for 2026 if Gulf exports...

Most Gulf markets retreat on Iran war jitters

Most major stock markets across the Gulf dropped in early trade on Wednesday as fresh hostilities erupted after US-Iran peace talks stalled, reports Reuters.Hostilities in the Gulf escalated again on Wednesday, as the US military reported that Iranian missile attacks targeting Bahrain, Kuwait, and other locations in the region were...