Marginalised people鈥檚 bank deposits inch up
Deposits in bank accounts held by marginalised individuals saw a slight increase in December 2024 compared with September, according to Bangladesh Bank鈥檚 quarterly report...
Tags : Bangladesh Bank
Govt borrowing from banks surges to Tk 86,000cr
The government鈥檚 borrowing from commercial banks doubled in the first eight months of the 2024-25 financial year due to high interest rates and the low-risk nature of treasury instruments...
BB sets 27pc loan target for CMSMEs by 2029
In a policy change, the Bangladesh Bank has set a target for banks and financial institutions to disburse 27 per cent of their total loans to the cottage, micro, small and medium enterprise sector by 2029...
Financial literacy: towards inclusive growth
FINANCIAL literacy day was observed across the country for the third time on March 3 this year. In 2022, Bangladesh Bank issued a circular declaring the first Monday of March as this day to be observed annually. The same circular also introduced the financial literacy guidelines for banks and financial institutions, aimed at strengthening financial inclusion and expanding...
Govt should reduce inequality, improve business climate
A SHARP increase in the number of bank accounts having deposits exceeding Tk 1 crore in the last quarter of 2024 brings a number of issues and concerns to the fore. As Bangladesh Bank data show, the number of such accounts rose by 4,954 in the quarter, reaching 122,081 from 117,127 in September. While the rise indicates the restoration...
Bank deposit growth hits 8pc in January
Deposits in the country鈥檚 banking sector grew by more than 8 per cent in January, marking a rebound after four months of slower growth...
BB levies strict limits on banks鈥� dividend payout
The Bangladesh Bank on Thursday imposed strict conditions on dividend payouts, limiting most banks鈥� ability to distribute dividends...
SIBL, FSIBL get add鈥檒 Tk 2,500cr liquidity
The Bangladesh Bank has approved an additional Tk 2,500 crore in liquidity support for the crisis-hit Social Islami Bank and First Security Islami Bank to manage the Eid-ul-Fitr withdrawal pressure...
Action over Tk聽53,000cr Beximco loans ordered
The High Court on Wednesday directed the Bangladesh Bank and other relevant authorities to take legal action against individuals and institutions responsible for approving Tk聽53,000 crore in questionable loans to Beximco Group...
Committee formed to review Bangladesh Bank reserve heist
The Bangladesh interim government has formed a high-level committee headed by law adviser Asif Nazrul to review the reserve heist of Bangladesh Bank in 2016...
Bangladesh Bank dissolves boards of 3 more private banks
The Bangladesh Bank on Wednesday reconstituted boards of directors of three more private commercial banks, extending its restructuring efforts in the banking sector following the political transition on August 5...
Govt raises Tk 3,000cr thru Sukuk for bridge construction
The government has raised Tk 3,000 crore by issuing a socio-economic Sukuk to fund construction of bridges on rural roads...
HC orders action over Beximco鈥檚 Tk聽53,000cr questionable loans
The High Court on Wednesday directed the Bangladesh Bank and other relevant authorities to take legal action against individuals and institutions responsible for approving Tk聽53,000 crore in questionable loans to Beximco Group.
Trade deficit decreases on high export earnings
The country鈥檚 trade deficit declined slightly in the first seven months (July鈥揓anuary) of the current fiscal year FY2024-25 compared with the same period in the previous fiscal year, as export earnings saw a notable rise...
BB relaxes exit policy for loan defaulters
The Bangladesh Bank on Monday relaxed the exit policy for loan defaulters, lowering the minimum down payment requirement to encourage wider adoption of the policy...
Release of fresh banknotes suspended
The Bangladesh Bank has decided not to release fresh banknotes ahead of Eid-ul-Fitr, a festival when people traditionally gift new currency notes to near and dear ones as part of the celebrations...
Bashundhara allowed to reschedule loans
Bangladesh Bank governor Ahsan H Mansur on Thursday agreed to allow the rescheduling of defaulted loans taken by the Bashundhara Group, one of the country鈥檚 industrial conglomerates.
Short term foreign loans drop below $10b after 4yrs
Private sector short-term foreign loans dropped below $10 billion in January for the first time in four years as businesses prioritised repaying existing loans over securing new ones, amid ongoing political unrest in the country...
US top remittance source in Feb
Bangladeshi expatriates in the United States sent home the highest remittance amounting to US$491.26 million in February, according to Bangladesh Bank data...
Court issues travel bans on 23 people, including ex- BB chief Atiur Rahman
A Dhaka court on Thursday issued travel bans on 23 people, including former Bangladesh Bank governor Atiur Rahman and former Janata bank chairman Abdul Barkat and former managing director Abdul Salam Azad in connection with a corruption case...
Banks in Bangladesh face Tk 1 lakh cr provision shortfall
The banking sector鈥檚 provision shortfall crossed Tk 1 lakh crore for the first time in December 2024, marking a staggering 337 per cent growth in just six months due to increased distressed assets in banks, especially in private commercial ones...
BB to ensure 50pc women staff in agent banking: governor
Bangladesh Bank governor Ahsan H Mansur on Tuesday said that the central bank would soon issue a circular ensuring that 50 per cent workforce of the agent banks would be women...
BB reduces CRR for banks to 3pc amid cash crisis
Bangladesh Bank on Tuesday reduced the cash reserve ratio (CRR) for banks from 3.5 per cent to 3 per cent considering the current poor deposit growth in the banking sector...
Bank officers helped S Alam drain Tk 2,000cr
A recent Bangladesh Bank inspection has revealed that employees of banks previously controlled by S Alam Group systematically facilitated massive, unrecorded cash withdrawals for the controversial conglomerate.
Islamic banks鈥� liquidity surges amid BB bailout
Excess liquidity in Islamic banks surged by Tk 9,272 crore in December compared to September 2024, mainly due to the Bangladesh Bank鈥檚 massive bailout to crisis-hit shariah-based banks...
Guarding against data breach
THE cyberspace of Bangladesh has made the headlines for breaches on many occasions since the reserve theft of the Bangladesh Bank. The recent one took place in late October 2024 when user data of 5,000 people were leaked from web site that sold tickets for an Atif Aslam concert in Dhaka. All this shows that we have a long way to go to protect our digital landscape...
BB sets hours for BACH, RTGS during Ramadan
The Bangladesh Bank has announced a new operational timing for the transactions under Bangladesh Automated Clearing House and Real-Time Gross Settlement for the holy month of Ramadan...
Some sick banks may not survive: BB governor
Bangladesh Bank governor Ahsan H Mansur on Tuesday said that the banks those were hamstrung by classified loans over 80 per cent of their outstanding loans would not survive...
Transactions through MFS likely to cross Tk 25 lakh crore
Transactions through mobile financial services in Bangladesh may exceed Tk 25 lakh crore in 2025, Bangladesh Bank governor Ahsan H Mansur said on Tuesday...
BB sets bank hours for Ramadan
Bangladesh Bank has set new transaction hours for banks during the holy month of Ramadan...