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Tags : bangladesh Bank


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BB governor vows to make money launderers suffer

Bangladesh Bank’s newly appointed governor, Ahsan H Mansur, on Wednesday vowed to make money launderers suffer and said that combined efforts were needed to recover laundered money...

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BB blocks large cheque payments from 9 banks

The Bangladesh Bank on Tuesday asked all scheduled banks not to honour cheques exceeding Tk 1 crore from nine banks, most of which are controlled by S Alam Group...

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BB loses Tk 55cr in dollar deal with Islami Bank

The Bangladesh Bank knowingly incurred a loss of Tk 55 crore by purchasing dollars at a higher rate than it sold to Islami Bank, according to a central bank’s inspection report...

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Interim govt cancels August 15 public holiday

The advisory council of the interim government in a meeting on Tuesday decided to cancel the public holiday on August 15, observed as the national mourning day to mark the...

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Bank accounts of Arafat, Saifuzzaman frozen

Bangladesh Bank’s Financial Intelligence Unit on Monday froze bank accounts of former land minister Saifuzzaman Chowdhury Javed and former state minister for Information and...

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SIBL hid Tk 7,853cr in defaulted loans: BB

Social Islami Bank PLC, under S Alam Group’s control, concealed approximately Tk 7,853 crore of defaulted loans in its 2023 annual report, according to a Bangladesh Bank report...

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BB governor, BSEC chairman to be appointed soon, Salehuddin says

The finance and planning adviser, Salehuddin Ahmed, said on Sunday that the new governor of the Bangladesh Bank and the new chairman of the Bangladesh Securities and Exchange Commission would be appointed soon following the resignations of top brasses of the two key government entities.

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LC opening rises slightly in FY24

The opening of letter of credit (LC) for imports increased in the financial year 2023-24 compared with that of in the year 2022-23 despite the central bank’s restrictive measures and a dollar crisis on the market...

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Bangladesh Bank sets limit of withdrawing Tk 1 lakh for Thursday

The interim government, headed by Nobel laureate Dr Muhammad Yunus, is set to take oath this evening. For security concerns, in the absence of a government, Bangladesh Bank has set a limit of withdrawing Tk 1 lakh only from a single account from banks....

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Call money market remains inert

The interbank call money rate has remained low and barely effective recently, as banks have reluctant to lend money to each other due to a shortage of funds...

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ABB for dedicated internet service line for banks

Banks need to have a separate internet service line dedicated solely to financial institutions to continue their operations and prevent losses from incidents like the recent nationwide internet shutdown...