BB lifts retention rule on advance export income
Bangladesh Bank on Thursday lifted the requirement for exporters to retain 10 per cent of advance export payments from overseas buyers, allowing them full access to funds.
Bangladesh Bank on Thursday lifted the requirement for exporters to retain 10 per cent of advance export payments from overseas buyers, allowing them full access to funds.
The Bangladesh Bank has ordered an immediate probe into alleged credit card fraud at Standard Chartered Bangladesh, following reports of unauthorised transactions.
Finance adviser Salehuddin Ahmed on Tuesday defended the purchase of dollars by the Bangladesh Bank from the market, saying that the central bank’s intervention was essential to check volatility in the foreign exchange rate.
Bangladesh Bank has doubled the ceiling for advance import payments to ease trade transactions and support importers amid rising costs.
A month-long entrepreneur development training programme titled ‘Entrepreneurship Development Program’ has been launched under an initiative of the Bangladesh Bank and in collaboration with Prime Bank PLC, said a press release.
Bangladesh Bank governor Ahsan H Mansur on Monday said that national savings certificates and corporate bonds should be made tradable in the secondary market in order to strengthen the country’s underdeveloped bond market.
Borrowing through repo instruments plunged in August as Bangladesh Bank scaled back its liquidity support and commercial banks adjusted to a tighter money market.
The Dhaka Metropolitan Senior Special Judge Court has sent an order for the confiscation of $81 million from the Rizal Commercial Banking Corporation in the Philippines in connection with the 2016 cyber heist from the...
Bangladesh Bank governor Ahsan H Mansur on Thursday laid emphasis on further strengthen the agricultural sector to build a prosperous future for the country.
Banks’ corporate social responsibility spending dropped by 50.8 per cent in January-June period compared with that in the previous six months...
Bangladesh Bank executive director Md Mezbaul Haque resigned on Tuesday citing personal reasons.
Bangladesh Bank has decided to appoint temporary administrators to each of the five struggling Shariah-based banks as part of its plan to merge them into a single entity under the Bank Resolution Ordinance.
Bangladesh Bank on Tuesday allowed banks to extend special rescheduling, restructuring, and exit facilities to borrowers who defaulted due to circumstances beyond their control, aiming to revive viable enterprises, protect depositors, and reduce stress in the financial sector.
Bangladesh Bank is preparing to launch a unified interoperable instant payment system that will bring all banks, mobile financial services, microfinance institutions, and digital banks onto a single platform with support from the Bill & Melinda Gates Foundation...
Bangladesh Bank has extended its deadline for submitting applications for establishing digital banks till November 2...
Bangladesh Bank on Monday purchased record $353 million, highest in a single day, from banks in an attempt to halt the fall of the US dollar against the taka...
Prime Bank PLC signed a participation agreement with the Bangladesh Bank to implement Tk 500-crore Start-up Refinancing Fund aimed at fostering entrepreneurship and supporting emerging business ventures across the country...
During the first two months in FY26, the government repaid Tk 3,105 crore to Bangladesh Bank while borrowing only Tk 588 crore from commercial banks, leaving net borrowing from the banking system at negative Tk 2,516 crore...
The Appellate Division of the Supreme Court on Wednesday directed the government not to proceed with the appointment of a financial adviser for state-owned Nagad Ltd at a time when a legal dispute over the company’s management is pending.
Bangladesh Bank on Tuesday purchased record $265 million, highest in a day, in an attempt to halt the fall of the US dollar against the taka...
Bangladesh Bank has moved to shut down nine non-bank financial institutions (NBFIs) after they failed to return depositors’ money, collapsed under massive non-performing loans, and suffered crippling capital shortfalls...
The government has approved a consolidation plan for five struggling Shariah-based banks, agreeing to provide budgetary support of about Tk 20,200 crore to carry out the merger...
Gross foreign exchange reserve has dropped to $30.3 billion after the central bank cleared a payment of $1.5 billion to the Asian Clearing Union to settle import bills for July and August...
Trust Bank PLC and the Bangladesh Bank signed a bilateral participation agreement to implement Tk 500-crore Start-up Refinancing Fund, aimed at nurturing innovative entrepreneurs and supporting new business ventures in Bangladesh...
The Bangladesh Bank has issued Letters of Intent (LoI) to five companies to set up private credit reporting bureaus that will assess the creditworthiness of borrowers and build comprehensive credit histories for individuals and businesses...
Global Islami Bank on Thursday agreed to join Bangladesh Bank’s ongoing merger initiative, becoming the third private lender to consent after First Security Islami Bank and Union Bank...
Bangladesh Bank will make a payment of $1.5 billion to the Asian Clearing Union on September 7 to settle import bills for July and August...
Community Bank Bangladesh PLC, Mercantile Bank PLC and Modhumoti Bank PLC on Tuesday signed participatory agreements with the Bangladesh Bank under its Tk 500-crore refinance fund to expand low-cost loans and investments for startup entrepreneurs...
First Security Islami Bank (FSIB) on Tuesday expressed support for Bangladesh Bank’s plan to its merger with other banks...
Deposits in bank accounts held by marginalised individuals recorded a modest increase in June 2025 compared with that in the same month a year earlier, according to Bangladesh Bank’s latest quarterly report.