The Bangladesh Bank has been granted sweeping powers in the draft of Bank Resolution Ordinance, 2025, allowing it to take over crisis-hit banks, transfer their assets, and hand over operations to a Bridge Banks...
The Anti-Corruption Commission has launched probes into corruption allegations against Bangladesh Bank鈥檚 25 former and serving officials, including former governor Abdur Rouf Talukder.
Lending and deposit collection through banks鈥� agent banking outlets advanced in October-December period of 2024 compared with that in the same period of the previous year...
Banks rescheduled Tk 7,355 crore in defaulted loans during July-September period of 2024, with 99 per cent of the rescheduling done by private banks as the Bangladesh Bank chose to retain the previous government鈥檚 lenient rescheduling policy...
Like the previous years, the Bangladesh Bank will issue new notes in the market denominations of Tk聽5, Tk聽20, and Tk聽50 through various scheduled banks of Dhaka region centering the upcoming Eid-ul-Fitr...
The Bangladesh Bank has eased loan rescheduling policy for raw-jute exporters for the next two years.
The High Court on Sunday dismissed a writ petition challenging the legality of Bangladesh Bank鈥檚 decision to appoint an administrator to oversee Nagad Limited鈥檚 operations after dissolving its board of directors, which was...
The volume of foreign currency transactions made through cards surpassed Tk 800 crore in December 2024, the first time in a year, as increased outbound travel during the holiday season boosted spending...
Bangladesh Bank officials on Thursday strongly condemned attack on Muhammad Badiuzzaman Didar, administrator of Nagad...
Nagad, a leading mobile financial service provider under the Bangladesh Post Office, expresses deep concern and strongly condemns the recent attack on its administrator Muhommad Badiuzzaman Dider by unidentified missceants, said a press release.
Deposits in the country鈥檚 banking sector increased by about Tk 35,743 crore in the three months ending in December 2024, indicating a gradual recovery of depositors鈥� confidence...
Net foreign financing dropped by 67 per cent in July-November of the financial year 2024-25 compared with the same period in the previous year, as loan repayments exceeded new inflows amid countrywide unrests...
Al-Arafah Islami Bank former chairman Abdus Samad Labu, brother of S Alam, has allegedly embezzled Tk 10 crore from the bank鈥檚 Corporate Social Responsibility (CSR) fund, according to a Bangladesh Bank inspection report...
The Bangladesh Bank is not optimistic about the country鈥檚 economic outlook for the 2024-25 financial year as the central bank on Monday predicted economic growth would remain sluggish at about 4-5 per cent in FY25 due to a host of challenges...
The Bangladesh Bank is likely to reassess the mandatory 2 per cent shareholding requirement for becoming a director in a commercial bank, said BB governor Ahsan H Mansur...
The Dhaka Chamber of Commerce and Industry expressed concern over the Bangladesh Bank鈥檚 decision to maintain a contractionary monetary policy in the second half of the 2024-25 financial year, keeping the policy rate at 10 per cent...
The City Bank鈥檚 board of directors has approved the issuance of a subordinated debt bond worth Tk 800 crore to meet capital requirements under the Basel-III framework to support the bank鈥檚 continuous business growth...
The Anti-Corruption Commission has found that no safe deposit lockers are registered under the names of former Bangladesh Bank governor Abdur Rouf Talukder and 24 other central bank officials...
The Bangladesh Bank will announce its monetary policy statement today for the second half of the 2024-25 financial year...
Bangladesh interim government chief adviser Professor Muhammad Yunus on Sunday directed the Bangladesh Bank governor and the authorities concerned to bring those involved in looting money from banks to justice as soon as possible.
The Bangladesh Bank has set fees and charges for card transactions through ATM, point of sale, internet banking fund transfer (IBFT), Bangla QR, e-commerce and government invoices.
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund (IMF) guidelines, have surpassed $20 billion again, driven by strong remittance inflows...
The country鈥檚 current account balance turned positive in July-December period of FY25, primarily due to a sharp surge in remittance inflows, compared to the same period in FY24...
The Bangladesh Bank has filed a case with Motijheel Police Station against Nagad Limited, alleging that the company was involved in financial irregularities...
The Anti-Corruption Commission has requested Bangladesh Bank governor Ahsan H Mansur to temporarily freeze all safe deposit lockers belonging to the central bank鈥檚 officials.
The opening of letters of credit for imports surged to $6.92 billion in December, marking a 30-month high as businesses ramped up Ramadan-centric imports...
Remittance inflow to Bangladesh increased slightly in January, with the inflow remaining above $2 billion for the last six consecutive months...
THE sorry state of the banking sector, which is crippled by alarmingly high non-performing loans and lingering governance crises, falls largely, if not squarely, on the Bangladesh Bank, which significantly lost its autonomy and suffered debilitating political interference during the authoritarian Awami League regime. A recent report prepared by an 11-member...
Economists in a latest task force report have blamed poor leadership and the Financial Institutions Division for the erosion of the Bangladesh Bank鈥檚 autonomy.
The Bangladesh Bank has decided to provide various policy supports to sick business firms which are under the burden of huge default loans, to revive such business again...