State-run Sonali Bank has provided Tk 550 crore liquidity support to two more struggling banks through interbank market, with the Bangladesh Bank assuming responsibility for repaying any loans if...
The Bangladesh Bank on Monday provided special concessions to exports of e-commerce products with the aim of supporting small exporters...
Bangladesh鈥檚 gross foreign exchange reserve, as per the International Monetary Fund鈥檚 guidelines, increased by $384 million in a month, due largely to higher remittance inflows and a halt in the Bangladesh Bank鈥檚 dollar sales...
The private sector credit growth in the country dropped in August compared with that in the previous month amid turmoil in the banking sector and business environment...
Bank deposits have dropped by about Tk聽11,000 crore in recent months, driven mainly by anxiety among depositors...
The Bangladesh Bank has announced that all banks will be closed today for Durga Puja, following a government-declared holiday.
A group of Bangladesh Bank officials on Wednesday urged the interim government to remove two deputy governors, Nurun Nahar and Habibur Rahman, who were appointed during...
The bank accounts of Sheikh Fazle Noor Taposh, the former mayor of Dhaka South City Corporation, have been frozen as part of an ongoing investigation into alleged financial misconduct...
The amount of defaulted loans in the country鈥檚 non-bank financial institutions was 33 per cent of the sector鈥檚 total loans in June 2024, as the sour loans surged by Tk聽4,760 crore in a year...
The Bangladesh Bank on Thursday directed banks and non-bank financial institutions to upload borrower loan data on a monthly basis...
THE Financial Stability Report 2023 of the Bangladesh Bank paints a disturbing picture of the banking sector that deteriorated rapidly during the Awami League regime. The total amount of distressed assets in the banking sector surged to a staggering Tk 5.47 lakh crore, or about 32 per cent of the total outstanding loan, by 2023. The amount is...
The Bangladesh Bank on Wednesday allowed banks to provide loans of up to Tk聽10 lakh to non-resident Bangladeshis working abroad for emergency purposes...
Five banks on Wednesday provided a total of Tk聽945 crore to four struggling banks through interbank market, with the Bangladesh Bank assuming responsibility for repaying any loans if these crisis-hit banks fail to do so, according to BB spokesperson and executive director Husne Ara Shikha...
The Bangladesh Financial Intelligence Unit on Wednesday asked banks to provide details of bank accounts under the name of cricketer Shakib Al Hasan and his wife, Umme Ahmed Shishir...
Five financially troubled banks in Bangladesh are receiving Tk 1,000 crore in liquidity support from six stronger banks, backed by guarantees from Bangladesh Bank.
Remittance inflow to Bangladesh soared by more than 80 per cent in September compared with that in the same month of the previous year, as expatriates sent more money through formal channels following major political shift in the country...
Net sales of national savings certificates or NSCs bounced back in July as depositors shifted their funds from struggling banks to safer, low-risk instruments like NSCs...
The amount of distressed assets in Bangladesh鈥檚 banking sector skyrocketed to nearly Tk聽5.5 lakh crore by the end of 2023, driven by rampant loan irregularities and the Bangladesh Bank鈥檚 lax regulations and weak enforcement in the period...
The Anti-Corruption Commission on Wednesday decided to launch an inquiry against the former chief of the Bangladesh Financial Intelligence Unit of Bangladesh Bank, Md Masud Biswas, over allegations of amassing illegal wealth through corruption, including taking bribes...
Ten banks have agreed to provide liquidity support to nine struggling banks through interbank market, with the central bank assuming responsibility for repaying any loans if these crisis-hit banks fail to do so...
The number of bank accounts holding deposits exceeding Tk聽1 crore increased to 1,18,784 as of June, according to Bangladesh Bank data...
The Bangladesh Bank on Tuesday increased the policy rate by 50 basis points to 9.5 per cent with the aim of tightening money supply to control inflation...
Bangladesh Bank Governor Ahsan H Mansur on Tuesday said that the central bank would not print any fresh money to lend to the government for solving financial crisis...
The Bangladesh Bank has decided to run special audits on nine banks through a taskforce to find out deep-rooted problems of these banks and solve those accordingly, said BB governor Ahsan H Mansur on Monday...
Nine banks are currently operating with a combined negative current account balance of Tk 18,165 crore with the Bangladesh Bank, which means they are relying entirely on lifelines provided by the central bank to remain afloat...
The Bangladesh Bank on Sunday agreed to provide credit guarantee to reassure other banks to lend to five financially troubled banks through the interbank money market, aiming to help these banks partially return funds to their depositors...
The High Court on Sunday ordered the Bangladesh Bank governor to unfreeze six bank accounts of Global Shoes, a company linked to former National Board of Revenue鈥檚 Appellate Tribunal member Matiur Rahman and his family...
Bangladeshi expatriates have send $1.63 billion in remittances in 21 days of September 2024, according to a report released by Bangladesh Bank on Sunday.
The Ministry of Finance has appointed Fahmida Khatun, executive director of the Centre for Policy Dialogue, as a director to the Bangladesh Bank board.
BANGLADESH stands at a critical crossroads, grappling with formidable economic challenges. Soaring inflation, depleting foreign reserves and sluggish growth have eroded public confidence. Years of mismanagement and unchecked corruption in the banking sector have deepened the crisis. However, with the appointment of Dr Ahsan H Mansur as governor...
