BB working to make list of top loan defaulters: Fin Min
Finance minister Abul Hassan Mahmood Ali on Monday told the Jatiya Sangsad that Bangladesh Bank is in the process of preparing the list of top loan defaulter persons and organisations...
Tags : Bangladesh Bank
Internet banking transactions double in one year
The amount of internet banking transactions in Bangladesh has doubled over the past year, reflecting an increase in adoption of digital financial technologies...
Bad loans and failed governance
DATA recently published by the Bangladesh Bank demonstrate that our banking sector has a nagging problem of non-performing loans, which have reached a record high. According to the recent central bank data published on June 6, in the first quarter of 2024, the amount of non-performing loans was more than Tk 182,000 crore...
Deposits in NBFIs drop amid confidence crisis
Deposits in the country鈥檚 non-bank financial institutions (NBFIs) dropped by Tk聽525 crore in the January-March period as many customers closed their accounts due to lack of trust and confidence in the sector...
BB to allow firms for credit scoring of borrowers
The Bangladesh Bank has decided to allow companies to form 鈥榗redit bureaus鈥� for credit reporting and scoring on individuals and businesses by analysing borrowers鈥� credit histories and repayment capacities...
BB asks banks to ensure smooth ATM, other services during Eid vacation
The Bangladesh Bank has asked the commercials banks to ensure smooth and uninterrupted transactions through the automated teller machine, point of sale, internet banking, online e-payment gateway and mobile financial services during the vacation of Eid-ul-Azha...
Pvt sector credit growth hits 5-month low
The private sector credit growth in the country plunged to a five-month low in April due to liquidity crisis and rising interest rate...
Surge in state-owned bank bad loans warrants special attention
A SURGE in non-performing loans in state-run banks, already plagued by non-performing loans of about 25 per cent of the total outstanding loans, shows the failure of the authorities to go tough on loan defaulters. This also shows the futility of concessions that the authorities have earlier given to loan defaulters...
NPL in six state-run banks surges further聽
Non-performing loans in six state-run banks soared by Tk 6,805 crore in the three months ending in March, allegedly due to the central bank鈥檚 lenient approach towards defaulters...
Cash outside banks keeps soaring
The amount of cash held outside the country鈥檚 banks increased for the fifth consecutive month in April amid low confidence of depositors in the banking sector and inflationary pressures....
Sukuk bonds to be auctioned tomorrow for Ctg upazila, union road dev
The government has decided to collect funds through 鈥楽ukuk bond鈥� to develop the upazila and union road network in the Chattogram Division...
Nagad given licence for Bangladesh's first full-fledged digital bank
The Bangladesh Bank on Monday approved a banking licence for Nagad Digital Bank PLC, the first full-fledged digital bank in Bangladesh, and listed it as...
CID to submit charge sheet within 2 months
Additional inspector general of police of Criminal Investigation Department Mohammad Ali Mia on Sunday said that CID would submit the charge sheet of the Bangladesh Bank reserve heist after...
Cash incentives to be provided for export-oriented leather product factories: BB
The government will provide cash incentives for leather products manufactured in the exporters' own factories, as well as in 100 per cent export-oriented manufacturing companies....
Proper market intervention needed to check inflation: BB
The Bangladesh Bank in a report said that proper market intervention and implementation was needed to address the widening price gap between retail and wholesale prices of essential items that contributed to high food inflation in Bangladesh...
Foreign investment in stocks halves
Foreign investment in the Bangladesh鈥檚 capital market has nearly halved in the past two years, with investment in equity securities decreasing by 43.7 per cent from 2021 to 2023, according to Bangladesh Bank data...
HC seeks report on foreign workers, money taken out of Bangladesh
The High Court on Tuesday asked the Bangladesh Bank and other government authorities to submit reports on the number of foreign nationals working in Bangladesh and as to how they send their money to their respective countries...
BB allows Sarwar as IFIC Bank adviser under spl consideration
The Bangladesh Bank has allowed Mohammad Shah Alam Sarwar, the immediate past managing director and chief executive officer of IFIC Bank, to become an adviser to the bank under special consideration...
BB officers resent governor鈥檚 action
Bangladesh Bank employees have expressed their discontent over governor Abdur Rouf Talukder's actions that have led to a reduction in their various benefits...
Banks鈥� green finance dips
Banks鈥� green financing dropped in the January-March period of 2024 compared with that in the October-December period of 2023 amid a severe liquidity crisis in the country鈥檚 banking sector...
Cash incentive for export, remittance should continue: ex-BB governor
Former Bangladesh Bank governor Atiur Rahman on Sunday said that the government should continue cash incentives for export and remittance sectors until macroeconomic stability was established in the country...
Rise of oligarchs adds to banking sector woes
Oligarchs have emerged in the banking sector, leading to a deterioration in governance, transparency, and accountability, which has created distrust among...
Call money rate surges to 9.3pc
The interbank call money rate on Tuesday surged to 9.3 per cent from 8.62 per cent on May 8, following an increase in the policy rate by the Bangladesh Bank...
NSC sales plunge amid high inflation in Bangladesh
The net sales of national savings certificates plummeted in the July-March period...
Police foil Ganosamhati Andolan鈥檚 bid to besiege Bangladesh Bank
The police on Tuesday foiled an attempt by the Ganosamhati Andolan to besiege the Bangladesh Bank at Dhaka鈥檚 Motijheel...
Forex holding by banks hits 14-month low
The volume of foreign currencies held by the country鈥檚 commercial banks hit a 14-month low in April due to increased demand, driven by a severe shortage of dollars...
ERF demands fast reversal of restrictions on journalists at central bank
Journalist association Economic Reporters鈥� Forum demanded immediate lifting of ban on journalists鈥� entry into the Bangladesh Bank, warning of a rigorous movement otherwise...
High inflation reduces forex reserves: BBTA study
High inflation reduces foreign exchange reserves, as more reserves are necessary to stabilise the foreign exchange market and cool down inflation, according to a research paper by officials of the Bangladesh Bank...
