Be Careful of Quick Loan Traps: BFIU Flags 31 Illegal Apps
The Bangladesh Financial Intelligence Unit (BFIU) has blacklisted 31 unauthorized mobile loan applications, warning citizens against predatory lending schemes that harvest private user data and demand extortionate interest rates.
Deposits Rise but Public Anxiety Over Banks Continues to Grow
Bank deposits in Bangladesh have increased significantly over the past year, but public anxiety over the safety of savings continues to rise amid growing default loans, troubled bank mergers and uncertainty in the financial sector.
Bangladesh Bank Buys Additional $50 Million at Tk 122.75 per Dollar as Remittances Rise
Central bank steps up dollar purchases as remittance inflows hit record levels