News Bangladesh Credit cards: Standard Chartered Bank wants to wind down its retail and card business in Bangladesh
The multinational bank Standard Chartered wants to sell its consumer or retail banking business and credit card services in Bangladesh. BRAC Bank and City Bank, two of the country’s leading banks, have expressed interest in acquiring the business of the 173-year-old bank. They have already held separate meetings with Standard Chartered regarding the matter. Senior officials from Standard Chartered’s headquarters and regional office have also met with the governor of Bangladesh Bank to brief him on the issue. Multiple sources at Bangladesh Bank and the three banks have confirmed the matter. However, as no formal agreement has been reached, officials of the interested banks were unwilling to comment or disclose their identities at this stage. In mid-2025, the multinational bank The Hongkong and Shanghai Banking Corporation (HSBC) announced that it would shut down its retail banking operations in Bangladesh. Earlier, in 2005, American Express Bank withdrew its business from Bangladesh.
News Bangladesh Credit cards: Businesses in Bangladesh can now pay for Meta ads via bkash
bKash, meanwhile, has more than 82 million registered users, giving businesses with a bKash account a locally available payment option for Meta advertising.
News Bangladesh Credit cards: Mastercard collaborates with Eastern Bank PLC and IDEX Biometrics to launch its global first biometric metal credit card in Bangladesh
The new card combines cutting-edge biometric authentication with the sophistication of a metal design, offering both enhanced security and premium user experience for cardholders. Dhaka, Bangladesh, 7th July 2025: Mastercard has collaborated with Eastern Bank PLC to introduce its first biometric metal credit card, marking a significant leap forward in Bangladesh’s payment technology landscape. As part of the ultra-premium World Elite Mastercard portfolio, this innovative card combines cutting-ed
News Bangladesh Credit cards: Make financial inclusion Bangladesh’s next mission
While Bangladesh has made remarkable strides in expanding access to financial services, ensuring that individuals and businesses can fully participate in and benefit from the formal financial system will define the next chapter of the country’s development journey.
News Bangladesh Credit cards: Durdin-er Diaries: chronicles of hard times in Bangladesh
Research participants in Bangladesh being interviewed as part of CLEAR Bangladesh.. Credit: BIGD Durdin-er Diary research team ... and helps them select poor households for the VGD card list (state ...
News Bangladesh Credit cards: QR-based Transaction: A Big Move towards Smart Bangladesh
It has been reported that if Bangladesh can properly implement QR transactions, the Gross Domestic Product (GDP) will increase by 1.7%. Singapore is fully utilising QR in all aspects. So, physical ...
News Bangladesh Credit cards: Online gambling and money transaction: A question of legality in the context of Bangladesh
Online gambling has become a major crux spanning from metro areas to distant rural areas, with multiple syndicates comprised of local and foreign individuals leeching off crores of taka from the country.
News Bangladesh Credit cards: Credit card issuance grows at faster pace
Credit card issuance by banks grew at a faster pace in 2022 compared to the year prior as there is a growing interest among people to avail the benefits offered by plastic money, such as interest free loans for up to one-and-a-half months.
News Bangladesh Credit cards: BB serves show-cause notice to 27 banks for credit card overspending
The Bangladesh Bank has served show-cause notices to 27 banks for spending dollars beyond limits on credit cards. The central bank sent letters to the managing directors of the banks Sunday (4 ...
News Bangladesh Credit cards: 27 banks asked to explain breaching limit by credit cardholders
The Bangladesh Bank on Sunday asked 27 banks to explain as to why dollars above the allowed limit were spent abroad through 71 credit cards issued by the banks. BB executive director and spokesperson ...
News Bangladesh Credit cards: Banks in Bangladesh raise dollar exchange rate for card payment
Banks have raised the prices of the dollar exchanged through cards after setting new uniform rates. The rates of the US dollar exchanged through cards increased by as much as Tk 13 to Tk 108 on Monday ...
News Bangladesh Credit cards: 27 banks told to explain breach of ceiling in credit card dollar spending
Bangladesh Bank has instructed 27 banks to explain why their credit card holders have been able to spend more dollars abroad than the limit. Central bank spokesman Md Serajul Islam said on Sunday a ...
News Bangladesh Credit cards: ‘Digital Bangladesh’ campaign is now a model: Joy
Information and Communication Technology adviser to the Prime Minister Sajeeb Wazed Joy has said Bangladesh provided a model on how people can work remotely during the COVID-19 pandemic through its ...
News Bangladesh Credit cards: OTT media services are changing global entertainment landscape. Bangladesh is no exception
“I was unable to subscribe to [international] OTT platforms as I had no credit cards. I came across a ... It began working in Bangladesh in 2019. Variety, a US-based entertainment business ...
News Bangladesh Credit cards: Loan Scam: BB slaps credit card ban on Sikders
Bangladesh Bank yesterday banned 10 members of Sikder family and two officials of Sikder Group from using international credit cards for two years as they took loans from National Bank Ltd beyond their credit card limit grossly violating the banking rules.
News Bangladesh Credit cards: Digital leaps helped Bangladesh navigate the pandemic, says Sajeeb Wazed Joy
The COVID-19 pandemic disrupted labour markets around the world and is set to have a lasting impact. The short-term consequences were rapid and acute. Millions of people lost their jobs as millions ...
News Bangladesh Credit cards: ‘We live and die by it’: climate crisis threatens Bangladesh’s Sundarbans
Villagers rely more on the forest’s resources, threatening its ecosystem – and leaving them more vulnerable to cyclones ...
News Bangladesh Credit cards: BFIU seeks Dr. Yunus’ bank account details
BFIU sent a letters to banks seeking information on all types of accounts held by Yunus and credit card transactions by him. It is clear why such information was being sought. According to a BFIU ...
