News
Plastic money boom amid Bangladesh's uneven cashless shift
9+ hour, 58+ min ago (1308+ words) Sajibur Rahman | May 24, 2026 00: 00: 00 From supermarket checkouts and online shopping carts to utility bills, overseas travel and freelance payments, plastic money is rapidly reshaping how Bangladeshis spend, save and transact. And this transition signals a major shift toward a more digitally…...
Bangladesh on cusp of transition to cashless economy
9+ hour, 57+ min ago (835+ words) Ismail Hossain | May 24, 2026 00: 00: 00 According to Bangladesh Bank data, the country had more than 239 million registered MFS accounts by early 2025. Annual transactions exceeded Tk 17 trillion in 2024, while monthly transactions reached a record Tk 1. 64 trillion in December last year. The rapid growth…...
Central bank directs banks, MFS operators to ensure uninterrupted digital transactions during Eid
1+ day, 12+ hour ago (420+ words) Bangladesh Bank (BB) on Thursday issued a set of directives to all banks, Mobile Financial Services (MFS) providers, Payment Service Providers (PSPs), and Payment System Operators (PSOs) to keep banking and digital transaction systems fully operational during the upcoming Eid-ul-Azha…...
TAKAFUL ISLAMI INSURANCE HOLDS COMMITTEE MEETING -
1+ week, 3+ day ago (80+ words) TAKAFUL ISLAMI INSURANCE HOLDS COMMITTEE MEETING The Financial Express TAKAFUL ISLAMI INSURANCE HOLDS COMMITTEE MEETING - The 41st meeting of the Nomination and Remuneration Committee of Takaful Islami Insurance PLC was held in Dhaka on Tuesday. Committee Chairman Advocate S. M Kamaluddin presided…...
BD households spend Tk 3, 454 a month on healthcare
2+ week, 2+ day ago (520+ words) Bangladeshi households on average spend Tk 3, 454 per month on healthcare, accounting for 11 per cent of total household expenditure, said BIDS citing a study report on Thursday. Medicines and diagnostic services were the largest cost drivers, the study found. And, overall,…...
Transactions thru' plastic money almost double to Tk 479. 05b in five years
1+ mon, 11+ hour ago (592+ words) / TRADE & MARKET SAJIBUR RAHMAN | April 24, 2026 00: 00: 00 Bangladesh's card-based payment ecosystem has expanded significantly over the past five years as the number of issued cards more than doubled and transaction volumes rose sharply, reflecting a growing reliance on digital financial services. According…...
Unsettled insurance claims hit Tk 72. 49b
1+ mon, 2+ week ago (410+ words) FE REPORT | April 04, 2026 00: 00: 00 Unsettled insurance claims have swelled to a staggering Tk 72. 49 billion, highlighting deep-rooted inefficiencies in claim settlement and intensifying pressure on Bangladesh's insurance sector, sources say. The latest data from the Insurance Development and Regulatory Authority (IDRA) shows…...