Bangladesh Bank

BB approves foreign study fee payments

It, however, directed banks to ensure that examination centres are duly authorised by relevant authorities abroad.

Govt mulling out-of-court settlements

The government is considering out-of-court settlements as an option to recover laundered money from abroad, as the formal legal process is often time-consuming.

ICB Islamic Bank’s board dissolved

The Bangladesh Bank yesterday dissolved the board of directors of ICB Islamic Bank considering the interests of depositors, according to an official letter.

Islamic banks may be merged to create two large banks: BB governor

Bangladesh’s Islamic banking sector would be completely restructured, he said.

BB gives two Islamic banks Tk 2,500cr more in emergency support

The Bangladesh Bank (BB) yesterday extended an additional Tk 2,500 crore in emergency liquidity support to Social Islami Bank and First Security Islami Bank without any security to help them address financial crises.

BB reconstitutes board of three private banks

The Bangladesh Bank (BB) today reconstituted the board of directors of three private commercial banks. 

No new notes this Eid

The Bangladesh Bank has suspended the exchange of fresh notes for the public ahead of the upcoming Eid-ul-Fitr.

BB relaxes loan exit policy for troubled businesses

Bangladesh Bank (BB) today relaxed the down payment requirements for exit facilities on defaulted loans of closed or loss-incurring companies.

BB reduces cash reserve requirement for banks

Bangladesh Bank (BB) has reduced the daily cash reserve requirement (CRR) for banks to enable them to manage liquidity more easily.

November 6, 2024
November 6, 2024

Don’t withdraw money from banks unless necessary: BB spokesperson

Deposited money is safe in banks, Husnay Ara Shikha says

November 5, 2024
November 5, 2024

BB to lift LC restrictions on crisis-hit banks

The Bangladesh Bank (BB) has decided in principle to withdraw the restrictions on opening letters of credit (LCs) by six crisis-hit banks, according to officials.

November 1, 2024
November 1, 2024

Unlock export funds tied up in four banks

Any barrier to exporters’ operations should be removed

October 21, 2024
October 21, 2024

BB reduces repo auctions to one day a week

The new measure will be effective from November 1 this year

October 1, 2024
October 1, 2024

What Bangladesh can do to get back laundered wealth

Following the fall of the Awami League government, efforts are underway to explore ways to bring back the stolen wealth.

September 23, 2024
September 23, 2024

BB to hike policy rate twice within next month

Interest rate will also be increased, says Bangladesh Bank governor

September 5, 2024
September 5, 2024

Salman loses grip on IFIC Bank

The Bangladesh Bank yesterday constituted a new board of directors at IFIC Bank after dissolving the previous board, effectively bringing an end to Salman F Rahman’s grip on the private commercial bank.

September 1, 2024
September 1, 2024

BB hikes cash withdrawal limit to Tk 5 lakh

The Bangladesh Bank (BB) has increased the cash withdrawal limit from banks to Tk 5 lakh per account this week, up from Tk 4 lakh per account the previous week

August 29, 2024
August 29, 2024

Nazrul Islam Mazumder removed from Exim Bank board

BB forms new five-member board for Exim, keeping three shareholder directors unchanged

August 28, 2024
August 28, 2024

Do not buy S Alam's assets: BB governor

The S Alam Group is trying to sell properties that are not mortgaged to banks