BB to open interest rate to market fully
The Bangladesh Bank is likely to abandon its SMART rate policy of determining lending rate and shift to market-based approach as per an International Monetary Fund鈥檚 proposal...
Tags : bangladesh Bank
NBL has not been taken over by any business group, says chair
National Bank Limited chairman Khalilur Rahman on Monday said that the bank has not been taken over by any business group, and directors have been appointed to the bank by the government...
BB reconstitutes NBL board dropping chairman, MD, Parveen Sikder
The Bangladesh Bank on Sunday reconstituted the board of the National Bank Limited keeping out five members, including chairman Syed Ferhat Anwar, managing director Tohidul Alam Khan and director Parveen Haque Sikder, of the eight-member board now dissolved...
Pvt credit growth rises in March
The private sector credit growth in the country increased in March compared with that in the previous month due mainly to increased business activities during Ramadan...
Net foreign loans, grants decline
The country鈥檚 net receipts of foreign aids in the form of loans and grants dropped in the July-February period of the current financial year 2023-24 compared with those in the...
Frequent loan rescheduling fuels inflation: Farashuddin
Former Bangladesh Bank governor Mohammed Farashuddin on Thursday blamed the frequent rescheduling of classified loans for high inflation persisting in the country...
NOAB, Editors鈥� Council for journalists鈥� unhindered access to BB
The Newspaper Owners鈥� Association of Bangladesh and the Editors鈥� Council on Tuesday in a joint statement said that the 鈥榰nwritten restriction鈥� on journalists鈥� entry to the...
IMF advises BB to disclose full report on banks鈥� health
The visiting International Monetary Fund delegation advised Bangladesh Bank to disclose detailed and complete information regarding bad and risky loans fin the...
Defaulting by top 3 borrowers could hit bank sector hard
Resilience in Bangladesh鈥檚 banking sector could be significantly affected if top three borrowers default on their loans, as outlined in a financial stability assessment report by the Bangladesh Bank...
Govt鈥檚 borrowing from banks surges
The government鈥檚 net borrowing from the banking system soared by Tk聽45,557 crore in the past three months, marking a significant shift from the negative borrowing seen in the July-January period of the current financial year 2023-24...
BB bans journalists to hide Awami League鈥檚 looting: BNP
The main opposition Bangladesh Nationalist Party said on Sunday that Bangladesh Bank restricted entry of journalists to the central bank to hide corruption and looting of the people close to the ruling Awami League....
DUJ, DRU, TIB condemn ban on journalists鈥� entry to BB
Dhaka Union of Journalists, Dhaka Reporters鈥� Unity and Transparency International Bangladesh in separate statements condemned Bangladesh Bank鈥檚 decision of banning journalists鈥� entry into the central bank headquarters....
Central bank must walk back restrictions on journalist entry
THE Bangladesh Bank has so far made the headlines countless times for ills such as weak regulatory affairs, failures to recover loans in default, affording advantages to wilful defaulters, under-preparedness or no preparedness at all to...
TIB concerned by restrictions on journalists鈥� entry to Bangladesh Bank
Transparency International Bangladesh on Friday expressed deep concern over the recent restrictions on journalists鈥� entry to Bangladesh Bank...
BB imposes entry restrictions on journalists
Bangladesh Bank has barred journalists from entering the central bank premises for over a month, sparking dissatisfaction among journalists and...
ACC seeks info聽from BFIU on聽ex-IGP Benazir
The Anti-Corruption Commission sent a letter to the Bangladesh Financial Intelligence Unit of Bangladesh Bank on Thursday, seeking...
Dollar deposits by banks drop
The Bangladesh Bank has received about $1.48 billion from banks under its currency swap arrangement which began on February 15...
BB sells $11.67b to banks in 10 months
The Bangladesh Bank sold $11.67 billion from its foreign exchange reserves to banks in less than 10 months amid a severe dollar crisis faced by the country鈥檚 banks...
Bank merger and sustainable banking
FOR the last couple of months, mergers and acquisitions of banks have been the talk of the town. Many developments in the banking sector have been coming to the fore at regular intervals, thanks to the...
Certified ethical hacking training course inaugurated at BCC
A training course on 鈥楥ertified Ethical Hacking鈥� inaugurated at Bangladesh Computer Council in Dhaka on Sunday with the participation of 15 officials of Bangladesh Bank ICT Cell to strengthen the cyber security of state security and financial institutions...
Departmental stores draw 49.61pc credit card transactions
Departmental stores were the primary destination for credit card transactions, accounting for 49.61 per cent of transactions in February, according to a Bangladesh Bank report...
Bank interest rate spread crosses 5pc after 9 years
The weighted average interest rate spread in Bangladesh鈥檚 banking sector exceeded 5 per cent in February after 2015, driven by rising lending rates...
Pvt sector external debt drops to $11b
Private sector short-term foreign loans dropped further in February as businesses prioritised repaying existing loans over taking new ones. According to Bangladesh Bank data...
Govt hopeful of IMF tranche despite lower forex reserves
An International Monetary Fund mission will arrive in the capital next week to review targets, including the underachieved forex reserves, regarding its $4.7 billion loan programme...
Bangladesh's gross forex reserve dips to $19.89b
The gross foreign exchange reserves in Bangladesh, according to the International Monetary Fund guidelines, dropped to $19.89 billion again on Wednesday.
Deposits in commercial banks rise in Feb
Deposits in commercial banks increased by 10.43 per cent year-on-year in February, primarily due to a rise in the banks鈥� interest rates....
BB resets interest rate on pre-finance facility under SREUP
The Bangladesh Bank has reset the interest rate on the pre-finance facility under the support safety retrofits and environmental upgrades programme...
Number of poor鈥檚 bank accounts dwindling
The number of bank accounts held by the extreme poor has been declining, with deposits in these accounts remaining sluggish, due mainly to high living costs, according to bankers...
No more merger proposal for now: BB official
The Bangladesh Bank has decided not to accept any further proposals for bank mergers at the moment, as it has already received five proposals for mergers, according to a senior official of the central bank...
Dhaka dist gets lion鈥檚 share of remittance: BB
A large portion of expatriates鈥� income remittances in Bangladesh comes through the bank branches located in Dhaka, according to a Bangladesh Bank analysis on the district-wise scenario of inward remittances...
