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Tags : Bangladesh Bank


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Loan disbursement to CMSME drops by 16pc

Loan disbursements to the Cottage, Micro, Small, and Medium Enterprise (CMSME) sector dropped by 16 per cent in the July-September quarter of FY25 compared to the same period in FY24, due to political turmoil and economic instability during the period...

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Government to implement AVS to prevent fraud  

Senior officials from Bangladesh Bank and the finance division have announced that the government will implement the Account Verification System nationwide by June to ensure the accuracy of customer accounts as part of its...

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Court orders to freeze 39 bank accounts of SK Sur

The Metropolitan Sessions Judge Court on Thursday ordered to freeze 39 bank accounts of former deputy governor of Bangladesh Bank Sitangshu Kumar Sur Chowdhury, his wife Suparna Sur Chowdhury and daughter Nandita Sur Chowdhury.

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ACC sues Atiur, Barkat, Benazir, 24 others

The Anti-Corruption Commission on Thursday filed a case against 23 people, including former Bangladesh Bank governor Atiur Rahman, former Janata Bank chairman Abul Barkat and AnonTex Group chairman Md Yunus Badal, on charges of embezzling Tk 297 crore...

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BB’s power to dissolve weak banks proposed

The Bangladesh Bank has been granted sweeping powers in the draft of Bank Resolution Ordinance, 2025, allowing it to take over crisis-hit banks, transfer their assets, and hand over operations to a Bridge Banks...

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Lending, deposit through agent banking surge

Lending and deposit collection through banks’ agent banking outlets advanced in October-December period of 2024 compared with that in the same period of the previous year...

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Banks reschedule Tk 7,355cr as lenient policy remains

Banks rescheduled Tk 7,355 crore in defaulted loans during July-September period of 2024, with 99 per cent of the rescheduling done by private banks as the Bangladesh Bank chose to retain the previous government’s lenient rescheduling policy...

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BB to issue new notes for Eid

Like the previous years, the Bangladesh Bank will issue new notes in the market denominations of Tk 5, Tk 20, and Tk 50 through various scheduled banks of Dhaka region centering the upcoming Eid-ul-Fitr...

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NAGAD ADMINISTRATOR: HC dismisses writ petition

The High Court on Sunday dismissed a writ petition challenging the legality of Bangladesh Bank’s decision to appoint an administrator to oversee Nagad Limited’s operations after dissolving its board of directors, which was...

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Forex transactions thru cards cross Tk 800cr

The volume of foreign currency transactions made through cards surpassed Tk 800 crore in December 2024, the first time in a year, as increased outbound travel during the holiday season boosted spending...

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Nagad condemns attack on its administrator

Nagad, a leading mobile financial service provider under the Bangladesh Post Office, expresses deep concern and strongly condemns the recent attack on its administrator Muhommad Badiuzzaman Dider by unidentified missceants, said a press release.

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Bank deposits surge by Tk 35,743cr in Oct-Dec

Deposits in the country’s banking sector increased by about Tk 35,743 crore in the three months ending in December 2024, indicating a gradual recovery of depositors’ confidence...

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Net foreign financing plunges by 67pc

Net foreign financing dropped by 67 per cent in July-November of the financial year 2024-25 compared with the same period in the previous year, as loan repayments exceeded new inflows amid countrywide unrests...

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Bangladesh Bank predicts sluggish economy in FY25

The Bangladesh Bank is not optimistic about the country’s economic outlook for the 2024-25 financial year as the central bank on Monday predicted economic growth would remain sluggish at about 4-5 per cent in FY25 due to a host of challenges...

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Persistent contractionary MPS to harm pvt sector: DCCI

The Dhaka Chamber of Commerce and Industry expressed concern over the Bangladesh Bank’s decision to maintain a contractionary monetary policy in the second half of the 2024-25 financial year, keeping the policy rate at 10 per cent...

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City Bank okays Tk 800cr bond

The City Bank’s board of directors has approved the issuance of a subordinated debt bond worth Tk 800 crore to meet capital requirements under the Basel-III framework to support the bank’s continuous business growth...

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Professor Yunus directs to bring bank looters to justice

Bangladesh interim government chief adviser Professor Muhammad Yunus on Sunday directed the Bangladesh Bank governor and the authorities concerned to bring those involved in looting money from banks to justice as soon as possible.

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Forex reserve crosses $20b again

Bangladesh’s gross foreign exchange reserves, calculated under International Monetary Fund (IMF) guidelines, have surpassed $20 billion again, driven by strong remittance inflows...

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Remittance surge boosts current account to surplus

The country’s current account balance turned positive in July-December period of FY25, primarily due to a sharp surge in remittance inflows, compared to the same period in FY24...

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BB files case against Nagad

The Bangladesh Bank has filed a case with Motijheel Police Station against Nagad Limited, alleging that the company was involved in financial irregularities...

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