US top remittance source in Feb
Bangladeshi expatriates in the United States sent home the highest remittance amounting to US$491.26 million in February, according to Bangladesh Bank data...
Bangladeshi expatriates in the United States sent home the highest remittance amounting to US$491.26 million in February, according to Bangladesh Bank data...
A Dhaka court on Thursday issued travel bans on 23 people, including former Bangladesh Bank governor Atiur Rahman and former Janata bank chairman Abdul Barkat and former managing director Abdul Salam Azad in connection with a corruption case...
The banking sector’s provision shortfall crossed Tk 1 lakh crore for the first time in December 2024, marking a staggering 337 per cent growth in just six months due to increased distressed assets in banks, especially in private commercial ones...
Bangladesh Bank governor Ahsan H Mansur on Tuesday said that the central bank would soon issue a circular ensuring that 50 per cent workforce of the agent banks would be women...
Bangladesh Bank on Tuesday reduced the cash reserve ratio (CRR) for banks from 3.5 per cent to 3 per cent considering the current poor deposit growth in the banking sector...
A recent Bangladesh Bank inspection has revealed that employees of banks previously controlled by S Alam Group systematically facilitated massive, unrecorded cash withdrawals for the controversial conglomerate.
Excess liquidity in Islamic banks surged by Tk 9,272 crore in December compared to September 2024, mainly due to the Bangladesh Bank’s massive bailout to crisis-hit shariah-based banks...
THE cyberspace of Bangladesh has made the headlines for breaches on many occasions since the reserve theft of the Bangladesh Bank. The recent one took place in late October 2024 when user data of 5,000 people were leaked from web site that sold tickets for an Atif Aslam concert in Dhaka. All this shows that we have a long way to go to protect our digital landscape...
The Bangladesh Bank has announced a new operational timing for the transactions under Bangladesh Automated Clearing House and Real-Time Gross Settlement for the holy month of Ramadan...
Bangladesh Bank governor Ahsan H Mansur on Tuesday said that the banks those were hamstrung by classified loans over 80 per cent of their outstanding loans would not survive...
Transactions through mobile financial services in Bangladesh may exceed Tk 25 lakh crore in 2025, Bangladesh Bank governor Ahsan H Mansur said on Tuesday...
Bangladesh Bank has set new transaction hours for banks during the holy month of Ramadan...
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...
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...
Bangladesh Bank governor Ahsan H Mansur on Thursday expressed disappointment over bureaucracy, saying that bureaucrats were hesitant about reforms...
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.
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...
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...
The Anti-Corruption Commission has launched probes into corruption allegations against Bangladesh Bank’s 25 former and serving officials, including former governor Abdur Rouf Talukder.
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...
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...
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...
The Bangladesh Bank has eased loan rescheduling policy for raw-jute exporters for the next two years.
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...
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...
Bangladesh Bank officials on Thursday strongly condemned attack on Muhammad Badiuzzaman Didar, administrator of Nagad...
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.
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...
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...
Al-Arafah Islami Bank former chairman Abdus Samad Labu, brother of S Alam, has allegedly embezzled Tk 10 crore from the bank’s Corporate Social Responsibility (CSR) fund, according to a Bangladesh Bank inspection report...