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

No new licences for MFIs

No new licences will be issued to microfinance institutions (MFIs), as the microfinance sector in Bangladesh is now overcrowded, said Dr Mohammad Helal Uddin, Executive Vice Chairman of the Microcredit Regulatory Authority (MRA).He made the remarks while speaking as the chief guest at an event organised by BRAC at the...

Midland Bank provides assistance to family of late Abul Kalam

The Midland Bank family has extended financial assistance of Tk 1.5 million to the family of Abul Kalam, who tragically lost his life in the recent metro-rail bearing-pad accident in Dhaka on October 27.The bank provided Tk 500,000 from its Islami Banking Fund under its Corporate Social Responsibility (CSR) programme,...

Grameenphone hosts grand finale of FutureMakers

Grameenphone, the country's leading telecommunication service provider, has hosted the grand finale of FutureMakers, its first-ever nationwide AI idea competition designed to empower university students to showcase their creativity, innovation, and problem-solving skills through Artificial Intelligence (AI). The initiative is aimed at encouraging young minds across Bangladesh to design impactful,...

Friendship receives Earthshot Prize 2025

Friendship, a Bangladeshi social purpose organisation, has been named the winner of the Earthshot Prize 2025 in the "Fix Our Climate" category.The Earthshot is a global environmental award that was distributed first in 2021. The local NGO has been given the prestigious award for its integrated and holistic development model....

Premier Bank signs agreement with BB for Credit Guarantee Scheme

The Premier Bank PLC has recently signed an agreement with the Credit Guarantee Department of Bangladesh Bank to assist the eligible marginal and landless farmers, low-income professionals, school banking account holders and micro businesspersons who have '10/50/100 taka accounts' with the Premier Bank. Muhammad Nazmul Haque, Director, Credit Guarantee Department...

NBR to hold stakeholders' meeting on Nov 16

The National Board of Revenue (NBR) will hold the 3rd stakeholders meeting "Meet the Business' titled 'Bond Automation System UP Module' on November 16, reports BSS.The event will be held at the Multipurpose Hallroom of the revenue board building in the capital, according to NBR.Representatives from the Bangladesh Garment Manufacturers...

9 LNG cargos received in Oct

The government has received nine cargos of Liquefied Natural Gas (LNG) having around 28.8 million MMBTu in October to meet the growing energy demand in the country, an official said on Thursday, reports BSS."We are importing LNG regularly under long-term, short-term agreements as well as from spot markets to meet...