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Tags : Bangladesh bank


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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...

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Banks in Bangladesh face Tk 1 lakh cr provision shortfall

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...

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Bank officers helped S Alam drain Tk 2,000cr

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.

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Guarding against data breach

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...

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BB sets hours for BACH, RTGS during Ramadan

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...

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Some sick banks may not survive: BB governor

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...

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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...