Bangladesh is on the verge of graduating from the least developed country (LDC) category in 2026, which will be a significant milestone in the history of its economic journey.
Years of corruption, mismanagement, fragile governance and bank looting have left several banks in distress in Bangladesh.
Remarkably, the pandemic has acted as a blessing for digital services and dramatically transformed our financial setting, steering it in a nature where digital banking has renewed as an easy solution in our everyday lives.
Since the country’s independence in 1971, small and medium enterprises (SMEs) have played a pivotal role in GDP growth, employment, income generation, and local development.
Starting from the pandemic in 2020, Bangladesh as a nation has gone through a number of incidents in the last five years followed by the Ukraine war, interest rate capping, dollar crisis, high inflation, sluggish GDP growth, banking sector exploitation, intense corruption in different layers and lastly the political changeover in August.
Talking about any industry from anywhere on the globe, customer loyalty stands as the foundation for a stable and long-term business venture. Considering Bangladesh, where market dynamics are very complex and rapidly evolving, nurturing customer loyalty is more crucial.
The banking sector of Bangladesh has expanded over the years in terms of the number of formal financial institutes and types of financing instruments and products available in the country.
Following the fall of the Sheikh Hasina-led government on August 5, Bangladesh as a nation finds itself at a critical crossroads. The subsequent political turmoil has left the country’s financial sector in a fragile position, calling for urgent strategic plans and decisive execution of ideas by the interim government. As Bangladesh stands on the brink of graduating from least developed country (LDC) status in 2026, the priorities of the interim government must be clear.
The word brand means a product, service or concept that is evidently distinguished from other products, services or concepts so that it can be simply communicated and frequently marketed.
Micro, small, and medium enterprises (MSMEs), thanks to their entrepreneurial spirit and agility, have emerged as the heart of the growing economy of Bangladesh and the backbone of the financial ecosystem.
In the thriving economy of Bangladesh, expanding the startup ecosystem and the quest for financial bootstrapping methods stands as one of the fundamental gateways to success.
In the financial sector, green financing focuses on funding eco-friendly projects that will support managing intents towards a healthy environment not only for the existing generation but also for the future generation. It refers to the promotion of environment-friendly practices and the reduction of bank finances towards carbon-related footprint.
Recently the Bangladesh Bank projected a significant drop in non-performing loans (NPLs) and is hoping that it will decrease by 2.76 percent over the next couple of years. This estimation came in Bangladesh Bank's roadmap on the strategic move to streamline NPL management.
In the rapidly changing landscape of the financial industry, where accuracy and anticipation are dominant, artificial intelligence (AI) can play a crucial role in the risk management process across institutions.
Corporate governance refers to a system of rules, practices, and processes by which a company is directed and controlled
During the period of high inflation, it becomes crucial to manage personal finances effectively
Digital banks operate exclusively online without traditional physical branch networks. Traditional brick-and-mortar banks have high operational costs,
Since the start of human civilization, our world has thrived on innovation. Innovation is an ever-evolving concept, constantly changing as new ideas take shape. It solves problems and drives progress, moving our world forward generation after generation.
