Call money rate crosses 10pc after 11 years
The interbank call money rate has crossed 10 per cent after nearly 11 years following an increase in the policy rate by the Bangladesh Bank...
The interbank call money rate has crossed 10 per cent after nearly 11 years following an increase in the policy rate by the Bangladesh Bank...
Finance adviser Salehuddin Ahmed has said although the interim government inherited high inflationary trend from the previous regime, stability has been restored due to various steps of the government.
The net sales of national savings certificates soared in the July-September period in the financial year 2024-25, as many depositors turned to such stable, low-risk investment instruments amid concerns over the health of country’s banking sector...
Dhaka stocks gained on Thursday as investors bought shares amid optimism about a market rebound after the recent corrections, market operators said...
The finance division on Wednesday said that it had provided a sovereign guarantee on Tk 3000 crore loan from Bangladesh Bank to the Investment Corporation of Bangladesh to overcome its liquidity shortage...
Seven financially weak banks have so far received Tk 6,585 crore from 10 stronger banks under the Bangladesh Bank’s new liquidity support arrangement...
Bangladesh Bank governor Ahsan H Mansur said on Monday that they were expecting officials in justice and treasury departments of the United States in Dhaka the next week.
Bangladesh’s gross foreign exchange reserve, calculated as per the International Monetary Fund’s guidelines, has dropped to $18.46 billion, following a $1.5-billion payment to the...
The Bangladesh Bank on Monday asked stronger banks to provide more liquidity support to weaker banks which are struggling in repaying depositors’ money.
The Bangladesh Bank on Sunday decided to run a forensic audit on mobile financial service provider Nagad.
The Bangladesh Bank on Sunday decided to appoint receiver at Beximco Group to manage affairs of the group of companies.
National Bank Limited aims to regain its leading position among the country’s private banks with proactive support from the Bangladesh Bank and will pursue all legal avenues to recover defaulted loans...
The Bangladesh Bank is likely to issue a circular on Sunday asking all banks not to impose LC margin on import of essential goods until at least Ramadan.
The government has decided to provide a sovereign guarantee for a Tk 3,000 crore loan from the Bangladesh Bank to the Investment Corporation of Bangladesh, which actually removed...
The Bangladesh Bank wants to maintain the current high policy rate for six more months with the aim of bringing inflation down to a single-digit level, according to its...
The Bangladesh Bank has asked all banks and non-bank financial institutions to implement rigorous security measures due to an increased risk of cyber attacks.
The Bangladesh Bank on Thursday withdrew the compulsory interest rate system for resident foreign currency deposit accounts, allowing banks the flexibility to set rates in direct negotiations with customers...
The Bangladesh Bank on Wednesday allowed banks to issue performance bonds or guarantees in favour of overseas buyers or contractors on behalf of resident exporters and subcontractors, without needing prior permission...
The opening of letters of credit for imports rose in September, but it dropped slightly in the July-September period in the financial year 2024-25 compared with that in the same period in the previous year...
POWERFUL business tycoons, who had been close to the deposed prime minister Sheikh Hasina, have swindled $17 billion off the banking sector, as the Bangladesh Bank government has said in an interview with the Financial Times, during the 15 years of the authoritarian regime of the Awami League. The central banker is reported to have said that the tycoons...
The interbank call money rate on Monday surged to nearly 10 per cent following an increase in the policy rate by the Bangladesh Bank...
In an interview with the Financial Times, Bangladesh Bank governor Ahsan Mansur accused powerful business tycoons of siphoning off $ 17 billion from the banking sector of the country during the 15-year rule of the ousted prime minister Sheikh Hasina...
A crisis of confidence has gripped the country’s banking sector amid little action taken to resolve the deep-rooted challenges facing the sector and hold those accountable for years of malfeasance and mismanagement.
The Bangladesh Bank has imposed a Tk 5 lakh fine on NRBC Bank for the private commercial bank’s failure to report suspicious transactions by a client and ordered it to take disciplinary actions against officials concerned for their failure to do duties and for providing false information...
The Bangladesh Bank on Thursday relaxed rules for commercial imports through contracts.
Just like government employees, bank officials and staff in the four city corporations of Bangladesh are now required to submit their tax returns online...
The Bangladesh Bank on Tuesday increased the policy rate by 50 basis points to 10 per cent with the aim of tightening money supply to control inflation.
The Bangladesh Bank has announced the reissuance auction of a 15-year Bangladesh government treasury bond, scheduled for today.
A surge in prices of commodities became a major contributor to high inflation in July-September, according to a Bangladesh Bank report.
Six financially weak banks in Bangladesh have reportedly received a total of Tk 1,640 crore in loans from stronger banks.