The Bank of England’s Prudential Regulation Authority (PRA) penalized two HSBC units 57.4 million pounds (U.S. $73 million) over historic failures in deposit protection identification and notification ...
The ceiling for insured deposits has been raised from Tk 1 lakh to Tk 2 lakh. According to the finance ministry, this covers 93 percent of all bank accounts, meaning most small savers will now be ...
Deposit protection limit raised to Tk 2 lakh NBFIs included, coverage starts July 2028 Payout period cut sharply to 17 days New authority under Bangladesh Bank established The government has approved ...
Dhaka, Nov. 23 -- The government has issued the 'Deposit Protection Ordinance, 2025' to enhance the protection of depositors and increase public confidence in the country's banking sector. Considering ...