The Bangladesh Bank on Monday made loans in dollars from the Export Development Fund more expensive by tying the interest rate to the secured overnight financing rate (SOFR), which is significantly higher than the current rate for EDF loans...
Md Fariduddin Ahmed has been appointed as independent director and chairman of board of directors of Union Bank PLC by the Bangladesh Bank, said a press release...
The Bangladesh Bank has instructed the country鈥檚 commercial banks to extend loan facilities to export-oriented industries for the payment of salaries and allowances for August, saying that the recent disruptions from political instability and global economic conditions affected timely export value repatriation...
The Bangladesh Bank on Sunday dissolved the board of First Security Islami Bank PLC, which was under the control of controversial S Alam Group, and appointed independent directors to the bank board...
A Bangladesh Bank report has revealed that BRAC Bank PLC has allegedly dismissed over 2,500 employees in the past three years, with many reportedly forced to resign...
Mohammed Nurul Amin has been appointed as independent director and chairman of Global Islami Bank PLC鈥檚 board of directors following his selection by the Bangladesh Bank, said a press release...
Bangladesh Bank achieved a record profit in the fiscal year 2023-24, fueled by significant United States dollar sales from reserves and a sharp rise in short-term lending to commercial banks...
The Bangladesh Bank on Thursday dissolved the board of the troubled Export Import Bank of Bangladesh and appointed a new five-member board.
The Bangladesh Bank on Thursday raised agricultural loan disbursement target for banks by 8.75 per cent to Tk聽38,000 crore for the current financial year 2024-25 against the target of Tk聽35,000 crore for the past financial year...
Bangladesh Bank will donate Tk 5 crore to the foundation formed for those injured and killed in the recent student protests.
A Dhaka court today gave an order to seize income tax files of Bangladesh Bank's former deputy governor Sitangshu Kumar Sur Chowdhury, his wife Suporna Sur Chowdhury and daughter Nandita Sur Chowdhury...
The Bangladesh Bank鈥檚 net profit for the 2023-24 financial year rose to Tk 15,100 crore after operational expenses, driven by higher gains from lending and dollar sales...
Bangladesh Bank governor Ahsan H Mansur on Wednesday warned people not to purchase any assets linked to S Alam Group and said that the government planned to seize those assets to compensate depositors...
Bangladesh Bank on Tuesday dissolved the boards of Union Bank, Global Islami Bank, and United Commercial Bank, replacing them with independent directors.
The Dhaka Chamber of Commerce and Industry on Tuesday called upon authorities concerned to increase credit flow to the cottage, micro, small and medium enterprises...
The Bangladesh Bank on Sunday increased the policy rate by 50 basis points to 9 per cent with the aim of tightening money supply to control inflation...
Stockbrokers on Sunday demanded independent directors of the Dhaka Stock Exchange to be appointed from various sectors, including the Bangladesh bank, Bangladesh Supreme Court Bar Association, Federation of Bangladesh Chambers of Commerce and Industry and non-government organisations...
The Bangladesh Bank has ordered commercial banks not to allow cash withdrawals of more than Tk 4 lakh per account daily...
Bangladesh Bank on Sunday dissolved the board of directors of Social Islami Bank Limited and appointed independent directors in an effort to free the bank from the controversial...
Newly appointed Bangladesh Bank governor Ahsan H Mansur said they would track down oligarchs created during the immediate past political regime in both home and abroad to recover funds stolen by them from the country鈥檚 banking sector...
The Bangladesh Bank governor Ahsan H Mansur on Thursday said that the digital banking license for Nagad Digital Bank PLC was suspended and the central bank would review the process...
The Bangladesh Bank on Thursday appointed five independent directors to Islami Bank Bangladesh after seizing all shares held by previous board members connected with S Alam Group...
The Bangladesh Bank on Wednesday appointed administrator for the first time at a mobile financial service, Nagad, cancelling its current board of directors...
Nagad Limited has welcomed Bangladesh Bank decision to appoint administrator at the company....
The Bangladesh Bank has increased dollar rate to Tk聽120 each, responding to rising demand and low supply of the greenback in the market...
The Bangladesh Bank on Wednesday dissolved the Islami Bank Bangladesh board to free it from the control of S Alam Group and decided to appoint independent directors temporarily to manage the bank...
The Bangladesh Bank has dissolved the board of the troubled National Bank for the third time and appointed seven new directors, including Abdul Awal Mintoo, a shareholder of the bank, to the board...
Bangladesh Bank governor Ahsan H Mansur on Tuesday said that the central bank would no longer assist weak and troubled banks by printing money...
Bangladesh Bank has requested the foreign ministry to provide information of five foreign sponsor shareholders of Nagad Digital Bank PLC...
The Bangladesh Bank on Monday restricted S Alam Group-controlled six banks from issuing new loans to safeguard depositors鈥� money...
