Quader defends BB entry restriction on journalists
Awami League general secretary Obaidul Quader on Saturday asked which country in the world allows journalists unrestricted entry to its...
Tags : Bangladesh Bank
Businesses urge BB not to change policy frequently
Business leaders on Thursday said that frequent policy changes by the central bank hampered their business and they called for long-term stable policies to ensure smooth business operations...
Islamic banks鈥� deposits drop, but loans surge
Loan disbursements from Shariah-based banks have significantly increased despite a sharp decline in deposit collection in December and January...
BB rejects appeal to relax single borrower exposure limit
The Bangladesh Bank on Wednesday rejected appeal of a number of business groups for relaxing single borrower exposure limit...
Bangladesh Bank refutes Indian newspaper鈥檚 claim of new forex reserve heist
Bangladesh Bank rejected claims of a new heist of foreign exchange reserves reported by an Indian newspaper.
Bangladesh's net forex reserve plunges to $13.8b
The net foreign exchange reserves in Bangladesh, as per International Monetary Fund guidelines, fell to $13.76 billion, with the gross reserves dropping to $18.26 billion on May 12, marking a 10-year low, according to Bangladesh Bank data...
Financial account deficit surges to $9.26 billion
The country鈥檚 financial account deficit surged to $9,258 million in July-March, the first nine months of the current financial year 2023鈥�24, against a deficit of $2,928 million in the same period of FY23...
FDIPP allocates Tk聽364cr in loans to 19 borrowers
The Foreign Direct Investment Promotion Project has disbursed Tk聽364.90 crore in the form of 35 loans to 19 borrowers...
US envoy holds meeting with Bangladesh Bank governor
The United States ambassador to Bangladesh, Peter Haas, met with Bangladesh Bank governor Abdur Rouf Talukder on Monday....
BB now focuses on mediation for bad loan recovery
The Bangladesh Bank on Sunday instructed banks to give more emphasis on mediation for recovering defaulted loans amid the existing other policies鈥� ineffectiveness in addressing the issue of bad loans...
Dollar rate jumps to Tk聽125 each on kerb market
The dollar rate on the open market, also called as kerb market, saw a sharp rise on Thursday, with the rate rising by Tk聽7 a dollar to reach Tk聽125 a dollar following the Bangladesh Bank鈥檚 decision to raise the official rate of the greenback to Tk聽117 in the previous day...
Inflation too prickly for BB to sort out with poor measures
INFLATION has remained a prickly issue that the Bangladesh Bank appears not to have been able to control because of its ineffective policies and failures in the implementation of the monetary policy. The Bangladesh Bank Order 1972 lays out that the first and foremost function of the central bank...
Stocks keep falling
Dhaka stocks continued to fall for the third consecutive session on Thursday, as the investors鈥� confidence were decreasing again amid the current volatility on the market, market operators said...
Bangladesh Bank policies fail to curb high inflation
The Bangladesh Bank has been struggling to control high inflationary pressure, primarily due to ineffective policies and failures in implementing monetary policy, economists said...
Bangladesh Bank raises dollar rate to Tk 117
Bangladesh Bank on Wednesday devalued the local currency significantly to Tk 117 against each US dollar as it introduced the much-talked-about Crawling Peg Exchange Rate System for buying and selling dollars...
BB opens lending rate to market amid IMF pressures
The Bangladesh Bank on Wednesday scrapped its SMART rate policy of determining lending rate and shifted to the market-based approach amid International Monetary Fund鈥檚 pressures...
Pvt sector short-term foreign loans now $11.04b
Private sector short-term foreign loans decreased slightly in March as businesses focused on repaying existing loans rather than taking new ones...
Debopriya trashes Bangladesh Bank ban on journalists鈥� access to its offices
Distinguished Fellow of Center for Policy Dialogue and convener of Citizen Platform, Bangladesh for SDG implementation Debapriya Bhattacharya on Tuesday said that data anarchy in the country had now turned into data breach...
Bangladesh Bank to monitor all electronic payments
The Payment and Settlement System Bill 2024 was tabled in the parliament on Monday to bring all electronic payment by banks and nonbank payment service providers under the supervision of the Bangladesh Bank....
IMF to make聽concession聽once again
The Bangladesh Bank is likely to get concession in maintaining the net international reserve once again under the current $4.7 billion loan programme with the...
BB to open interest rate to market fully
The Bangladesh Bank is likely to abandon its SMART rate policy of determining lending rate and shift to market-based approach as per an International Monetary Fund鈥檚 proposal...
NBL has not been taken over by any business group, says chair
National Bank Limited chairman Khalilur Rahman on Monday said that the bank has not been taken over by any business group, and directors have been appointed to the bank by the government...
BB reconstitutes NBL board dropping chairman, MD, Parveen Sikder
The Bangladesh Bank on Sunday reconstituted the board of the National Bank Limited keeping out five members, including chairman Syed Ferhat Anwar, managing director Tohidul Alam Khan and director Parveen Haque Sikder, of the eight-member board now dissolved...
Pvt credit growth rises in March
The private sector credit growth in the country increased in March compared with that in the previous month due mainly to increased business activities during Ramadan...
Net foreign loans, grants decline
The country鈥檚 net receipts of foreign aids in the form of loans and grants dropped in the July-February period of the current financial year 2023-24 compared with those in the...
Frequent loan rescheduling fuels inflation: Farashuddin
Former Bangladesh Bank governor Mohammed Farashuddin on Thursday blamed the frequent rescheduling of classified loans for high inflation persisting in the country...
NOAB, Editors鈥� Council for journalists鈥� unhindered access to BB
The Newspaper Owners鈥� Association of Bangladesh and the Editors鈥� Council on Tuesday in a joint statement said that the 鈥榰nwritten restriction鈥� on journalists鈥� entry to the...
IMF advises BB to disclose full report on banks鈥� health
The visiting International Monetary Fund delegation advised Bangladesh Bank to disclose detailed and complete information regarding bad and risky loans fin the...
Defaulting by top 3 borrowers could hit bank sector hard
Resilience in Bangladesh鈥檚 banking sector could be significantly affected if top three borrowers default on their loans, as outlined in a financial stability assessment report by the Bangladesh Bank...
Govt鈥檚 borrowing from banks surges
The government鈥檚 net borrowing from the banking system soared by Tk聽45,557 crore in the past three months, marking a significant shift from the negative borrowing seen in the July-January period of the current financial year 2023-24...
