Banks borrow above Tk聽25,000cr from Bangladesh Bank in single day
The Bangladesh Bank provided more than Tk聽25,000 crore to banks on Wednesday after banks reopened after a three-day general holiday.
Tags : bangladesh Bank
Bangladesh's trade deficit reaches $20b
The country鈥檚 trade deficit reached $20.22 billion in the July-May period of the 2023-24 financial year, according to the Bangladesh Bank.
Banks, NBFIs asked to waive late payment fines
The Bangladesh Bank on Wednesday asked banks and non-bank financial institutions to waive fines on late payment of instalments of loans, savings schemes like deposit pension scheme and credit card bills, considering general holidays and an internet blackout amid the countrywide unrests centring quota reform protests...
BB resets interbank transaction duration for July 24-25
The Bangladesh Bank has re-set the duration of interbank transactions for July 24-25...
Majority people have no bank account
Around 52.57 per cent people are still outside financial inclusion as they do not have any accounts with the monetary institutions mostly regulated under the Bangladesh Bank.聽..
BB relaxes rules over independent director appointment
The Bangladesh Bank has relaxed some provisions for the appointment of independent director to banks.
BB may ask banks not to fine late pay of loans, credit card bills
The Bangladesh Bank is likely to ask banks not to charge any fine for late payment of loans and credit card bills considering general holidays and internet blackout in the country in the past few days...
BB keeps policy rate, dollar rate unchanged in MPS for July-Dec
The Bangladesh Bank on Thursday declared monetary policy statement for the July-December period of the 2024-25 financial year, keeping policy rate unchanged.
July-Dec MPS unlikely to check inflation: experts
The July-December monetary policy statement declared by the Bangladesh Bank is unlikely to be effective in reducing inflation at the desired level as almost all measures, including the policy rate, has been kept unchanged, experts said...
July-Dec monetary policy to focus on inflation control
The Bangladesh Bank will declare its monetary policy statement for July-December of the 2024-25 financial year tomorrow, focusing on checking inflation rate which has been nearly 10 per cent in recent months...
Transactions thru credit cards drop
The use of credit cards by Bangladeshi nationals both locally and internationally saw a decline in May 2024 compared with that in the previous month...
BFIU freezes accounts of PM鈥檚 former aide
Bangladesh Financial Intelligence Unit asked banks to freeze the accounts of prime minister Sheikh Hasina鈥檚 former personal assistant, Jahangir Alam, hours before the...
Banks release Tk 30,104cr in farm loans in 10 months
Banks disbursed Tk 30,104 crore in agricultural loans in July-April of the 2023-24 financial year, which accounts for 86 per cent of the total disbursement target for FY24, according to Bangladesh Bank data...
Printing money by Bangladesh Bank to aid ailing banks must be stopped: Mansur
Economist Ahsan H Mansur on Saturday said that the printing of money by the Bangladesh Bank to keep some troubled Islamic banks afloat must be halted immediately to check inflation in the country...
BB rates Prime Bank as sustainable bank
The Bangladesh Bank has recognised Prime Bank PLC as one of the top banks in its latest sustainable rating for 2023 for the second time, said a...
Bangladesh Bank revises July-May export figure downward to $40.73b
The Bangladesh Bank has published a revised export data for the first 11 months or July-May period of the recently concluded 2023-24 financial year that lowered the...
EPB working to rectify export data anomalies
The Export Promotion Bureau is likely to revise its export figures downward by more than $10.8 billion for the financial year 2023-24 after the Bangladesh Bank identified discrepancies between the statistics reported by the EPB and the National Board of Revenue...
NSC sales fall further amid rising inflation
The net sales of national savings certificates further declined in the July-May period of the 2023-24 financial year due to high inflation and rising bank interest rates...
Reserves now $20.467b after clearing ACU liabilities: BB
The Bangladesh Bank has cleared $1.42 billion in liabilities to the Asian Clearing Union for the months of May and June...
BB issues rules for external audit of banks
The Bangladesh Bank on Tuesday issued rules on external audit of banks with the aim of strengthening financial governance, transparency and accountability in the country鈥檚 banking sector...
BB now offers exit option to loan defaulters
The Bangladesh Bank on Monday introduced an exit policy for loan defaulters after its various efforts to curb the rising tide of bad loans in the country鈥檚 banking sector...
Pvt sector credit growth rises slightly in May
The private sector credit growth in the country increased slightly in May compared with that in the previous month...
NBR, EPB responsible for discrepancies in export data: BB
The Bangladesh Bank in an explanation of its actions erasing billions of dollars from the country鈥檚 export earnings account has said that the National Board of Revenue and the Export Development Bureau were responsible for duplication in export data...
Bank deposits rise, but growth slows
Bank deposits crossed Tk聽17 lakh crore for the first time in May, driven by rising interest rates in the financial market...
Trade deficit rises to $18.69b in 10 months
The country鈥檚 trade deficit expanded to $18.69 billion in July-April of the 2023-24 financial year compared with that of $4.74 billion in July-March of FY24, according to Bangladesh Bank data...
Welcome HC ruling on wealth oversight of public servants
THE High Court in a welcome move on July 2 asked the government to immediately enforce the rule that requires public servants to declare their and their dependents鈥� assets before joining the service. Hearing a writ petition that sought a court directive on rampant allegations of corruption against public servants, the court observes that corruption...
All electronic payments to come under BB supervision
Jatiya Sangsad on Tuesday passed the Payment and Settlement System Bill 2024 to bring all electronic payment by banks and non-bank service providers under the supervision of the Bangladesh Bank...
Dollar crunch compels BB to sell $12.8b to banks in FY24
The Bangladesh Bank sold $12.8 billion from its foreign exchange reserves to banks in the just concluded financial year 2023-24 amid a severe dollar crisis in the country鈥檚 financial sector...
Bangladesh鈥檚 int鈥檒 reserves over $16b: BB
Bangladesh Bank on Tuesday confirmed that the country鈥檚 international reserves have now surpassed $16 billion, with gross reserves totalling around $26 billion....
