Six crisis-hit banks are sending their managing directors (MDs) on three-month leave as the central bank commissions forensic audits into the lenders.
The Bangladesh Bank is waiting for the interim government to bring a Payment and Settlement System Act, 2024 into effect, as it intends to take legal action against mobile financial service (MFS) provider Nagad Ltd over alleged irregularities.
The international consulting firm will suggest appropriate remedial measures necessary in public interest
BB issued letters on Dec 19 and the deadline for explanation ends today
The government plans to bring down inflation to 4-5 percent, Bangladesh Bank (BB) Governor Ahsan H Mansur said yesterday.
The Bangladesh Bank (BB) has backtracked on its decision to refrain from injecting fresh funds into crisis-hit banks in its efforts to curb persistent inflation.
They sought removal of Nurun Nahar and Habibur Rahman
Banking rules and regulations stipulate a single borrower exposure limit but the banking regulator itself disregarded the rule routinely in the last 16 years.
The central bank must recognise that the existing CIB laws are outdated and ineffective.
Six crisis-hit banks are sending their managing directors (MDs) on three-month leave as the central bank commissions forensic audits into the lenders.
The Bangladesh Bank is waiting for the interim government to bring a Payment and Settlement System Act, 2024 into effect, as it intends to take legal action against mobile financial service (MFS) provider Nagad Ltd over alleged irregularities.
The international consulting firm will suggest appropriate remedial measures necessary in public interest
BB issued letters on Dec 19 and the deadline for explanation ends today
The government plans to bring down inflation to 4-5 percent, Bangladesh Bank (BB) Governor Ahsan H Mansur said yesterday.
The Bangladesh Bank (BB) has backtracked on its decision to refrain from injecting fresh funds into crisis-hit banks in its efforts to curb persistent inflation.
They sought removal of Nurun Nahar and Habibur Rahman
Banking rules and regulations stipulate a single borrower exposure limit but the banking regulator itself disregarded the rule routinely in the last 16 years.
The central bank must recognise that the existing CIB laws are outdated and ineffective.
Traditional contractionary policies may not be suitable for Bangladesh’s unique economic structure.
