BB eases remitting to foreign investors
The Bangladesh Bank has widened the scope for local subsidiaries of foreign companies to remit service payments abroad, even if their foreign shareholding is below 50 per cent...
The Bangladesh Bank has widened the scope for local subsidiaries of foreign companies to remit service payments abroad, even if their foreign shareholding is below 50 per cent...
Expatriate Bangladeshis have sent about $1.99 billion in the first 21 days of June...
The Bangladesh Bank has backtracked on its earlier decision to discontinue the 14-day repo facility — a key tool for borrowing from the central bank — following significant disruption on the financial market caused by acute liquidity shortages, central bank officials said...
Ten commercial banks collectively had over Tk 3 lakh crore in defaulted loans as of March 2025, accounting for nearly 71.4 per cent of the total Tk 4.2 lakh crore non-performing loans in the country’s banking sector...
THE true extent of the vulnerability of the banking sector, weighed down by a massive volume of non-performing loans, has increasingly come to light following the ouster of the Awami League government. While the previous administration reported that non-performing loans accounted for about 10 per cent of total outstanding loans, recent data from the...
The amount of non-performing loans in the country’s banking sector has soared by Tk 74,570 crore in just three months to reach Tk 4.20 lakh crore at the end of March 2025, according to the Bangladesh Bank.
Five Shariah-based banks are set to be merged into a single entity, with the process beginning possibly next month, Bangladesh Bank governor Ahsan H Mansur said at a press briefing on Sunday...
Bangladesh Bank governor Ahsan H Mansur held important meetings separately with global experts to support key policy issues related to recovering stolen assets during his visit to London as part of the Chief Advisor’s delegation...
Bangladesh Bank governor Ahsan H Mansur on Thursday said that two approaches — one involves filing civil cases — had been planned for accelerating the recovery of the money stolen by different individuals and business groups linked to the ousted Awami League regime. Â
The Bangladesh Bank’s initiative to inject Tk 232 crore into the leather sector for procuring rawhide during Eid-ul-Azha has fallen significantly short, with only Tk 125 crore disbursed to businesses, according to industry insiders...
The net exports of the readymade garment items stood at $6.09 billion in the January-March quarter or third quarter of the current financial year 2024-25, according to the Bangladesh Bank...
The number of bank accounts holding deposits of over Tk 1 crore declined by 719 in March due to poor business environment in the country...
Bangladesh’s current account deficit shrank sharply in the first ten months of the 2024–25 fiscal year, driven largely by a surge in remittance inflows, according to the latest data released by Bangladesh Bank...
THIS article aims to respond to the recent directives of the Bangladesh Bank, suggesting that banks may not share profits with their depositors. This raises a foundational question: what are the sources of these profits? More broadly, what are the sources of income that allow Bangladesh Bank and commercial banks to pay salaries and employee benefits and cover their...
The Appellate Division of the Supreme Court on Monday paved the way for a Bangladesh Bank-appointed administrator to manage the operations of Nagad Limited, staying an earlier order by its chamber judge that had temporarily halted the central bank’s decision.
Bangladesh Bank governor Ahsan H Mansur on Monday handed over images of six newly designed banknotes to chief adviser Muhammad Yunus.
Remittance inflow has soared by 29 per cent in July-May period in 2025 compared with that in the same period in the previous year...
Deposits in bank accounts held by marginalised individuals saw a slight increase in March compared with December, according to Bangladesh Bank’s quarterly report...
Bangladesh Bank has taken an initiative to release a new series of banknotes across all denominations — Tk 1,000, Tk 500, Tk 200, Tk 100, Tk 50, Tk 20, Tk 10, Tk 5, and Tk 2 — under the theme ‘Historic and Archaeological structures of Bangladesh.’
Branches of the scheduled banks in the readymade garments industrial areas will remain open on June 5, 11 and 12 to facilitate payment of garment workers’ salary, Eid bonus, allowances and export-import activities.
Regarding the issue of bringing back the money laundered abroad, Bangladesh Bank governor Ahsan H Mansur said that this is a political commitment of the interim government...
Bangladesh Bank governor Ahsan H Mansur on Saturday announced that the government was set to introduce new currency notes ahead of Eid-ul-Azha, with designs emphasizing national heritage rather than portraits.
The Bangladesh Bank has widened access to foreign currency for overseas education by allowing banks to release foreign currency for language courses abroad without prior approval from the central bank...
PERSISTENT food inflation, largely caused by a fragmented, inefficient market system, has placed millions of fixed- and low-income people in a precarious situation. Market experts, the consumers’ association and independent studies have for long pointed out the issue. Now, the Bangladesh Bank says that an inefficient market system, characterised by supply chain...
Despite adequate production in many cases, Bangladeshi consumers are paying significantly more for essential food items – rice, potatoes, onions, eggs, and broiler chicken – due to a fragmented and inefficient market system...
The interim government has decided to create a special fund using recovered money and assets from individuals accused of embezzlement and money laundering, aiming to compensate affected bank depositors and assist low-income communities...
A Dhaka court on Sunday set July 2 to submit a probe report in the case lodged over Bangladesh Bank reserve heist that took place in 2016...
Prime Bank PLC, in collaboration with all scheduled banks operating in Rajshahi, successfully organised the School Banking Conference-2025 at the Rajshahi Zila Parishad auditorium on Saturday, aiming to foster financial literacy and promote the habit of savings among school students for addressing the financial inclusion guidelines of Bangladesh Bank...
Bangladesh Bank on Saturday instructed commercial banks not to charge more than Tk 300 as a passport endorsement fee and prohibited them from imposing any additional service charges or commissions under the guise of foreign currency sales...
The foreign exchange market remained largely stable on Thursday following the Bangladesh Bank’s announcement to adopt a market-based exchange rate system in line with the International Monetary Fund’s conditions...