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Tags : Bangladesh Bank


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DUJ, DRU, TIB condemn ban on journalists’ entry to BB

Dhaka Union of Journalists, Dhaka Reporters’ Unity and Transparency International Bangladesh in separate statements condemned Bangladesh Bank’s decision of banning journalists’ entry into the central bank headquarters....

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Central bank must walk back restrictions on journalist entry

THE Bangladesh Bank has so far made the headlines countless times for ills such as weak regulatory affairs, failures to recover loans in default, affording advantages to wilful defaulters, under-preparedness or no preparedness at all to...

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Dollar deposits by banks drop

The Bangladesh Bank has received about $1.48 billion from banks under its currency swap arrangement which began on February 15...

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BB sells $11.67b to banks in 10 months

The Bangladesh Bank sold $11.67 billion from its foreign exchange reserves to banks in less than 10 months amid a severe dollar crisis faced by the country’s banks...

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Bank merger and sustainable banking

FOR the last couple of months, mergers and acquisitions of banks have been the talk of the town. Many developments in the banking sector have been coming to the fore at regular intervals, thanks to the...

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Certified ethical hacking training course inaugurated at BCC

A training course on ‘Certified Ethical Hacking’ inaugurated at Bangladesh Computer Council in Dhaka on Sunday with the participation of 15 officials of Bangladesh Bank ICT Cell to strengthen the cyber security of state security and financial institutions...

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Pvt sector external debt drops to $11b

Private sector short-term foreign loans dropped further in February as businesses prioritised repaying existing loans over taking new ones. According to Bangladesh Bank data...

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Deposits in commercial banks rise in Feb

Deposits in commercial banks increased by 10.43 per cent year-on-year in February, primarily due to a rise in the banks’ interest rates....

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Number of poor’s bank accounts dwindling

The number of bank accounts held by the extreme poor has been declining, with deposits in these accounts remaining sluggish, due mainly to high living costs, according to bankers...

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No more merger proposal for now: BB official

The Bangladesh Bank has decided not to accept any further proposals for bank mergers at the moment, as it has already received five proposals for mergers, according to a senior official of the central bank...

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Dhaka dist gets lion’s share of remittance: BB

A large portion of expatriates’ income remittances in Bangladesh comes through the bank branches located in Dhaka, according to a Bangladesh Bank analysis on the district-wise scenario of inward remittances...

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Pvt sector credit growth slow

The private sector credit growth in the country remained stagnant in February due to a combination of factors, including a liquidity shortage, reduced loan disbursement capacity by banks and the ongoing economic challenges...

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Import restrictions bring no major let-up

Import restrictions on luxury items and other policies implemented by the government during the past two years have failed to tackle the dollar shortage and ease the economic crisis.

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Impact of currency swap

In January 2024, the Bangladesh Bank issued the monetary policy for the second half of the 2023–24 financial year. In it, the central bank aims to adopt a crawling peg to curb exchange rate volatility, raise the policy interest rate...

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Bank merger guideline issued

The Bangladesh Bank on Thursday issued a guideline, specifying the process, requirements and its policy or liquidity support for successful bank mergers...