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...
Tags : Bangladesh Bank
Bangladesh Bank officials protest at attack on Nagad administrator
Bangladesh Bank officials on Thursday strongly condemned attack on Muhammad Badiuzzaman Didar, administrator of Nagad...
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.
Bank deposits surge by Tk 35,743cr in Oct-Dec
Deposits in the country鈥檚 banking sector increased by about Tk 35,743 crore in the three months ending in December 2024, indicating a gradual recovery of depositors鈥� confidence...
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...
S Alam鈥檚 brother Labu embezzles Tk 10cr from Al Arafah鈥檚 CSR
Al-Arafah Islami Bank former chairman Abdus Samad Labu, brother of S Alam, has allegedly embezzled Tk 10 crore from the bank鈥檚 Corporate Social Responsibility (CSR) fund, according to a Bangladesh Bank inspection report...
Bangladesh Bank predicts sluggish economy in FY25
The Bangladesh Bank is not optimistic about the country鈥檚 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...
BB to review 2pc shareholding rule, board size for banks
The Bangladesh Bank is likely to reassess the mandatory 2 per cent shareholding requirement for becoming a director in a commercial bank, said BB governor Ahsan H Mansur...
Persistent contractionary MPS to harm pvt sector: DCCI
The Dhaka Chamber of Commerce and Industry expressed concern over the Bangladesh Bank鈥檚 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...
City Bank okays Tk 800cr bond
The City Bank鈥檚 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鈥檚 continuous business growth...
ACC finds no safe deposit lockers in 25 BB officials鈥� names
The Anti-Corruption Commission has found that no safe deposit lockers are registered under the names of former Bangladesh Bank governor Abdur Rouf Talukder and 24 other central bank officials...
Bangladesh Bank to announce MPS today
The Bangladesh Bank will announce its monetary policy statement today for the second half of the 2024-25 financial year...
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.
BB re-sets fees, charges for card-based transactions
The Bangladesh Bank has set fees and charges for card transactions through ATM, point of sale, internet banking fund transfer (IBFT), Bangla QR, e-commerce and government invoices.
Forex reserve crosses $20b again
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund (IMF) guidelines, have surpassed $20 billion again, driven by strong remittance inflows...
Remittance surge boosts current account to surplus
The country鈥檚 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...
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...
ACC urges Bangladesh Bank to freeze safe deposit lockers of officials
The Anti-Corruption Commission has requested Bangladesh Bank governor Ahsan H Mansur to temporarily freeze all safe deposit lockers belonging to the central bank鈥檚 officials.
LC opening in Dec hits 30-month high
The opening of letters of credit for imports surged to $6.92 billion in December, marking a 30-month high as businesses ramped up Ramadan-centric imports...
Remittance inflow above $2b for 6th straight month
Remittance inflow to Bangladesh increased slightly in January, with the inflow remaining above $2 billion for the last six consecutive months...
Govt needs to ensure autonomy, accountability of central bank
THE sorry state of the banking sector, which is crippled by alarmingly high non-performing loans and lingering governance crises, falls largely, if not squarely, on the Bangladesh Bank, which significantly lost its autonomy and suffered debilitating political interference during the authoritarian Awami League regime. A recent report prepared by an 11-member...
FID undermines Bangladesh Bank autonomy
Economists in a latest task force report have blamed poor leadership and the Financial Institutions Division for the erosion of the Bangladesh Bank鈥檚 autonomy.
BB to support revival of sick, defaulted cos
The Bangladesh Bank has decided to provide various policy supports to sick business firms which are under the burden of huge default loans, to revive such business again...
Binimoy a shell firm of Sajeeb Wazed Joy: Bangladesh Bank governor
Bangladesh Bank governor Ahsan H Mansur has claimed that Binimoy, the mobile financial services interoperability platform, was a shell company linked to Sajeeb Wazed Joy, son of ousted prime minister Sheikh Hasina...
Credit info database should return to rightful keepers
TWO decisions on the Credit Information Bureau database of the central bank during the Awami League government, toppled in a mass uprising on August 5, 2024, keep menacing the database management more than five months and a half after the interim government鈥檚 installation on August 8 that year. The Bangladesh Bank imposed restrictions before the...
CIB officials at Bangladesh Bank denied access to their database
Officials of the Credit Information Bureau at Bangladesh Bank have been denied access to the CIB database for over a year and a half, allegedly to conceal borrowers鈥� default loan statuses.
Depositors to get back money from weak banks soon: Mansur
Bangladesh Bank governor Ahsan H Mansur on Tuesday said that depositors of weak banks will soon get their deposits back...
SK Sur shown arrested in Hallmark loan scam case
Former Bangladesh Bank deputy governor Sitanshu Kumar Sur Chowdhury on Monday was shown arrested in a money laundering case filed by the Anti-Corruption Commission over the Hallmark Group loan scam seven years ago...
Forex transactions thru cards drop in Nov
The volume of foreign currency transactions made through cards declined in November compared with that in the previous month...
ACC finds assets of Tk聽4.7cr in SK Sur鈥檚 Bangladesh Bank locker
The Anti-Corruption Commission on Sunday found assets worth Tk聽4.70 crore in a locker at the Bangladesh Bank, belonging to former deputy governor Sitanshu Kumar Sur Chowdhury...