The July-December monetary policy statement declared by the Bangladesh Bank is unlikely to be effective in reducing inflation at the desired level as almost all measures, including the policy rate, has been kept unchanged, experts said...
The Bangladesh Bank will declare its monetary policy statement for July-December of the 2024-25 financial year tomorrow, focusing on checking inflation rate which has been nearly 10 per cent in recent months...
The use of credit cards by Bangladeshi nationals both locally and internationally saw a decline in May 2024 compared with that in the previous month...
Bangladesh Financial Intelligence Unit asked banks to freeze the accounts of prime minister Sheikh Hasina鈥檚 former personal assistant, Jahangir Alam, hours before the...
Banks disbursed Tk 30,104 crore in agricultural loans in July-April of the 2023-24 financial year, which accounts for 86 per cent of the total disbursement target for FY24, according to Bangladesh Bank data...
Economist Ahsan H Mansur on Saturday said that the printing of money by the Bangladesh Bank to keep some troubled Islamic banks afloat must be halted immediately to check inflation in the country...
The Bangladesh Bank has recognised Prime Bank PLC as one of the top banks in its latest sustainable rating for 2023 for the second time, said a...
The Bangladesh Bank has published a revised export data for the first 11 months or July-May period of the recently concluded 2023-24 financial year that lowered the...
The Export Promotion Bureau is likely to revise its export figures downward by more than $10.8 billion for the financial year 2023-24 after the Bangladesh Bank identified discrepancies between the statistics reported by the EPB and the National Board of Revenue...
The net sales of national savings certificates further declined in the July-May period of the 2023-24 financial year due to high inflation and rising bank interest rates...
The Bangladesh Bank has cleared $1.42 billion in liabilities to the Asian Clearing Union for the months of May and June...
The Bangladesh Bank on Tuesday issued rules on external audit of banks with the aim of strengthening financial governance, transparency and accountability in the country鈥檚 banking sector...
The Bangladesh Bank on Monday introduced an exit policy for loan defaulters after its various efforts to curb the rising tide of bad loans in the country鈥檚 banking sector...
The private sector credit growth in the country increased slightly in May compared with that in the previous month...
The Bangladesh Bank in an explanation of its actions erasing billions of dollars from the country鈥檚 export earnings account has said that the National Board of Revenue and the Export Development Bureau were responsible for duplication in export data...
Bank deposits crossed Tk聽17 lakh crore for the first time in May, driven by rising interest rates in the financial market...
The country鈥檚 trade deficit expanded to $18.69 billion in July-April of the 2023-24 financial year compared with that of $4.74 billion in July-March of FY24, according to Bangladesh Bank data...
THE High Court in a welcome move on July 2 asked the government to immediately enforce the rule that requires public servants to declare their and their dependents鈥� assets before joining the service. Hearing a writ petition that sought a court directive on rampant allegations of corruption against public servants, the court observes that corruption...
Jatiya Sangsad on Tuesday passed the Payment and Settlement System Bill 2024 to bring all electronic payment by banks and non-bank service providers under the supervision of the Bangladesh Bank...
The Bangladesh Bank sold $12.8 billion from its foreign exchange reserves to banks in the just concluded financial year 2023-24 amid a severe dollar crisis in the country鈥檚 financial sector...
Bangladesh Bank on Tuesday confirmed that the country鈥檚 international reserves have now surpassed $16 billion, with gross reserves totalling around $26 billion....
Remittance inflow to Bangladesh increased by $2.3 billion in the 2023-24 financial year compared with that in the previous financial year amid a rise in dollar rate...
The government on Sunday reduced rates of cash incentives against exports for all 43 categories up to 50 per cent for the financial year 2024-25 that begins today...
The Bangladesh Bank has extended the period for payment against imports of industrial raw materials from 180 to 360 days, maintaining this arrangement until December 2024....
The net sales of national savings certificates went down further in the July-March period due to high inflationary pressures and rising bank interest rates...
The Bangladesh Financial Intelligence Unit of the Bangladesh Bank on Tuesday asked all banks and non-banking financial institutions to freeze all accounts of National Board of Revenue member Matiur Rahman and his family members who were now facing allegations of amassing illegal wealth...
Value addition in the country鈥檚 readymade garment sector reached a record high of 72.20 per cent in the third quarter (January-March) of the current financial year 2023-24 compared with that of 71.06 per cent in the same period of FY23...
Bangladesh鈥檚 external debts slightly decreased to $99.3 billion at the end of March 2024, down from $100.6 billion in December 2023, according to Bangladesh Bank data...
The Bangladesh Bank has issued new instructions regarding instalments of term (industrial) loans and housing loans after raising interest rates...
