NBL鈥檚 services to remain suspended from Dec 31 to Jan 4
National Bank Limited has received approval to temporarily suspend all banking services to facilitate a seamless migration to a new core banking software system...
Tags : bangladesh Bank
Dollar rate may jump as BB plans more market-driven policy
The exchange rate of the US dollar in Bangladesh is likely to rise further as the Bangladesh Bank moves towards a more market-driven foreign exchange policy, a condition set by the International Monetary Fund...
All int鈥檒 trade payments to be cleared in a month: Mansur
All overdue payments relating to Letters of Credit will be cleared within one month, said Bangladesh Bank governor Ahsan H Mansur...
BTMA demands payments of bills against back-to-back LCs
The country鈥檚 primary textile millers on Tuesday demanded intervention from the Bangladesh Bank to realise their matured bills from commercial banks against the supply of yarn and fabric to the readymade garment industries through back-to-back letters of credit...
Banks鈥� green financing goes down in July-Sept
Green financing by banks and non-bank financial institutions declined in the July-September quarter amid a severe liquidity crisis and a challenging business environment after the political shift...
ICB gets Tk聽3,000cr loan to stabilise capital market
The Investment Corporation of Bangladesh has received a loan of Tk聽3,000 crore from the Bangladesh Bank to help stabilise the capital market...
Nagad being developed for future
The administrator appointed by the Bangladesh Bank and his team are working to make Nagad, mobile financial service of the Bangladesh Postal Department, suitable for the future of Bangladesh, said a press release...
Bangladesh Bank drafting separate rules for Islamic banking
Bangladesh Bank is drafting separate rules to regulate the Islamic banking system in the country, a move that has stirred mixed reactions among bankers and analysts...
BB raises age limit for bank job seekers
Bangladesh Bank has announced a new age limit for entry-level positions in banks, aligning it with the government鈥檚 updated age limit for public sector jobs...
Beximco鈥檚 loans reach Tk 50,098cr, BB tells HC聽
The Credit Information Bureau reported that as of November 30, 2024, the total outstanding loans and liabilities of Beximco Group companies amounted to Tk聽50,098.3 crore, the Bangladesh Bank said in an...
Central bank chief suggests regulatory framework for cross-border data flow
Bangladesh Bank governor Ahsan H Mansur on Sunday said that if there was no regulatory framework for cross-border data flow, data would be traded illegally...
Deposits, loans in NBFIs decline
The amount of deposits in the country鈥檚 non-bank financial institutions (NBFIs) dropped by Tk聽68 crore in the July-September period due to a lack of customer trust and confidence in the sector...
18 banks at risk due to potential loan defaults by top borrowers: BB
A Bangladesh Bank report has revealed that the financial stability of 18 banks is at risk due to potential loan defaults by their top three borrowers.
Bank deposits bounce back in Oct after depressing trend
The amount of deposits in the country鈥檚 banks increased by about Tk聽14,208 crore in October, reflecting a gradual recovery of depositor confidence...
Concerns raised over interviewees for post of BFIU head
Bangladesh Bank has called ten individuals for interviews to appoint the next head of the Bangladesh Financial Intelligence Unit. The interviews are scheduled for December 11 and 12...
Exporters to get incentive for shoe, bag made of synthetic-fabric mix under bond facility
Exporters will enjoy cash incentive for shoes and bags made of a mixture of synthetic materials and fabrics under the bond and duty drawback facilities, said the Bangladesh Bank...
BB starts printing new notes with graffiti of July uprising
Bangladesh Bank is printing new notes changing the existing design with the inclusion of features of July uprising...
Bangladesh鈥檚 outward FDI $81m in FY24, 39pc went to India: BB
India received about 39 per cent of the total outward foreign direct investments by Bangladeshi firms in the 2023-24 financial year...
BB relaxes loan classification, provisioning rules for CMSMEs
The Bangladesh Bank has relaxed the rules of loan classification and provisioning for the cottage, micro, small and medium enterprises sector to create more employment opportunities through increasing investment...
Trade deficit narrows to $6.63b in July-Oct
The country鈥檚 trade deficit narrowed slightly in the July-October period of the 2024-25 financial year compared with that in the same period of FY24...
BB okays Tk 3,000cr loan at 4pc interest for ICB
The Investment Corporation of Bangladesh has received approval from the Bangladesh Bank for a Tk 3,000 crore-loan at a reduced interest rate of 4 per cent, down from the initial 10 per cent...
IMF concerned over high inflation in Bangladesh
The International Monetary Fund on Tuesday expressed deep concerns to the Bangladesh Bank over the persistently high inflation in the country...
Remittance rises by 26pc in July-Nov
Remittance inflow to Bangladesh has maintained a record-breaking trend, staying above $2 billion for the fourth consecutive month in November, according to Bangladesh Bank data...
Credit card interest rate limit set at 25pc
The Bangladesh Bank on Sunday imposed the maximum interest rate for credit card loans, setting it at 25 per cent...
BB extends FE loan tenure for capital machinery imports
The Bangladesh Bank has extended the tenure for foreign exchange loans under buyers and suppliers credit for importing capital machinery, allowing industrial entrepreneurs to secure loans for three years instead of one...
Bangladesh Bank DG Nurun Nahar removed from two key departments
Deputy governor of the Bangladesh Bank Nurun Naharhas been removed from two more sensitive key departments of the central bank...
Transactions thru MFS increase
The volume of transactions through the mobile financial services increased in September for the second month...
Bangladesh Bank prints notes, injects Tk 22,500cr to聽6 troubled banks
Bangladesh Bank governor Ahsan H Mansur on Thursday said that the central bank has provided Tk聽22,500 crore in liquidity support to six struggling banks to ensure customers can withdraw funds from Sunday onward.
No need to submit monthly statements of buyer鈥檚 credit: BB
The Bangladesh Bank on Thursday said that authorised dealers or ADs were no longer required to submit monthly statements of buyer鈥檚 credit...
A welcome step that needs proper implementation
THE Bangladesh Bank tightening loan classification rules by shortening the period of overdue loans to become non-performing to six months from nine months is welcome. The rules aligned with international practices, issued in a circular on November 27, would give a clearer picture of non-performing and bad loans in the banking sector. The rules are likely to help the authorities regulate the banking sector more...