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Tags : bangladesh Bank


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Many weak banks recovering, says BB governor

Bangladesh Bank governor Ahsan H Mansur has said that several banks, which were on the brink of bankruptcy, are now making significant strides in recovery due to strengthened regulatory measures and improved management practices.

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BB asks banks not to buy dollars over Tk 123 each

The Bangladesh Bank has requested certain banks not to purchase dollars above Tk 123, amid growing criticism of its poor oversight, which has driven the greenback’s price to an alarming Tk 128 against the taka.

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Islamic banks’ deposits go down by Tk 11,781cr

Deposits at Shariah-based banks in Bangladesh dropped by Tk 11,781 crore, leading to a negative liquidity position of around Tk 2,000 crore in September, as public confidence plummeted following widespread loan scandals and irregularities...

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BTMA demands payments of bills against back-to-back LCs

The country’s primary textile millers on Tuesday demanded intervention from the Bangladesh Bank to realise their matured bills from commercial banks against the supply of yarn and fabric to the readymade garment industries through back-to-back letters of credit...

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Banks’ green financing goes down in July-Sept

Green financing by banks and non-bank financial institutions declined in the July-September quarter amid a severe liquidity crisis and a challenging business environment after the political shift...

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Nagad being developed for future

The administrator appointed by the Bangladesh Bank and his team are working to make Nagad, mobile financial service of the Bangladesh Postal Department, suitable for the future of Bangladesh, said a press release...

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BB raises age limit for bank job seekers

Bangladesh Bank has announced a new age limit for entry-level positions in banks, aligning it with the government’s updated age limit for public sector jobs...

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Deposits, loans in NBFIs decline

The amount of deposits in the country’s non-bank financial institutions (NBFIs) dropped by Tk 68 crore in the July-September period due to a lack of customer trust and confidence in the sector...

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Trade deficit narrows to $6.63b in July-Oct

The country’s trade deficit narrowed slightly in the July-October period of the 2024-25 financial year compared with that in the same period of FY24...