Bangladesh Bank (BB)

Central bank’s autonomy crucial for the economy

Its lack of independence has had disastrous effects

New rules in the making to give more autonomy to Bangladesh Bank

The government is going to amend the Bangladesh Bank Order, 1972 to align it with global best practices and give the central bank more autonomy so that it can initiate steps to help the economy deal with pressure.

Two banks, one NBFI top sustainable lenders' list for fourth straight year

The latest rating showed that BRAC Bank and City Bank have been part of the list since the BB launched the rating in 2020.

Generous exit policy offered to borrowers

Bangladesh Bank yesterday unveiled the latest iteration of its exit policy that offers borrowers the option to close off their loan account within three years by paying only 10 percent as down payment and no interest.

There must be accountability for export data mishandling

The need for correct and regularly updated data cannot be overstated

Net reserves now $16.77b, BB releases data for the first time

The central bank has shared data of the net international reserves (NIR) of Bangladesh for the first time.

BB issues new rules on home loan repayment

The Bangladesh Bank has issued new directives on the repayments of industrial term and home construction loans in line with the new market-based method of calculating the interest of bank loans.

Bangladesh Bank’s digital efforts off to a slow start

The services have received lukewarm responses from the targeted customers because they were launched hastily and lack user-friendly features and campaigns were not run to make them popular. Besides, there is no incentive and banks are unwilling, industry insiders said.

July 11, 2024
July 11, 2024

Central bank’s autonomy crucial for the economy

Its lack of independence has had disastrous effects

July 11, 2024
July 11, 2024

IPDC Finance, top performing finance company

IPDC topped the list for the third time

July 11, 2024
July 11, 2024

New rules in the making to give more autonomy to Bangladesh Bank

The government is going to amend the Bangladesh Bank Order, 1972 to align it with global best practices and give the central bank more autonomy so that it can initiate steps to help the economy deal with pressure.

July 10, 2024
July 10, 2024

Two banks, one NBFI top sustainable lenders' list for fourth straight year

The latest rating showed that BRAC Bank and City Bank have been part of the list since the BB launched the rating in 2020.

July 9, 2024
July 9, 2024

Generous exit policy offered to borrowers

Bangladesh Bank yesterday unveiled the latest iteration of its exit policy that offers borrowers the option to close off their loan account within three years by paying only 10 percent as down payment and no interest.

July 7, 2024
July 7, 2024

There must be accountability for export data mishandling

The need for correct and regularly updated data cannot be overstated

July 3, 2024
July 3, 2024

Net reserves now $16.77b, BB releases data for the first time

The central bank has shared data of the net international reserves (NIR) of Bangladesh for the first time.

June 26, 2024
June 26, 2024

BB issues new rules on home loan repayment

The Bangladesh Bank has issued new directives on the repayments of industrial term and home construction loans in line with the new market-based method of calculating the interest of bank loans.

June 12, 2024
June 12, 2024

Bangladesh Bank’s digital efforts off to a slow start

The services have received lukewarm responses from the targeted customers because they were launched hastily and lack user-friendly features and campaigns were not run to make them popular. Besides, there is no incentive and banks are unwilling, industry insiders said.

June 10, 2024
June 10, 2024

BB allows new entities to assess credit worthiness of borrowers

These credit bureaus will work to determine credit standards by analysing borrower data before sharing it with banks, which will help financial institutions make informed decisions, said the central bank guidelines on the licencing, operating and regulating of credit bureaus.

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