Bangladesh Bank has injected an unprecedented amount of Tk 52,500 crore into 12 financially weak banks by printing new currency, despite maintaining a tightened monetary policy stance.

The BB Financial Stability Report 2022, released in August 2023, revealed that Bangladesh's banking sector's risky loans amounted to Tk 377,922 crore by December 2022.

Of the amount, $500 million will go towards stabilising and reforming the banking system, while $400 million will support efforts to build climate resilience, reduce emissions, and promote inclusive d ...

DHAKA -- Bangladesh is getting serious about dealing with bad loans in its banking industry and plans to enforce a bank resolution act later this year in an effort to stabilize the sector.

The international financial rating agency Moody’s in its latest Investors Services report downgraded the outlook for the Bangladesh banking sector to negative. Bangladesh alongwith Australia, Korea, ...