It, however, directed banks to ensure that examination centres are duly authorised by relevant authorities abroad.
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.
The Bangladesh Bank yesterday dissolved the board of directors of ICB Islamic Bank considering the interests of depositors, according to an official letter.
Bangladesh’s Islamic banking sector would be completely restructured, he said.
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.
The Bangladesh Bank (BB) today reconstituted the board of directors of three private commercial banks.
The Bangladesh Bank has suspended the exchange of fresh notes for the public ahead of the upcoming Eid-ul-Fitr.
Bangladesh Bank (BB) today relaxed the down payment requirements for exit facilities on defaulted loans of closed or loss-incurring companies.
Bangladesh Bank (BB) has reduced the daily cash reserve requirement (CRR) for banks to enable them to manage liquidity more easily.
Deposited money is safe in banks, Husnay Ara Shikha says
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.
Any barrier to exporters’ operations should be removed
The new measure will be effective from November 1 this year
Following the fall of the Awami League government, efforts are underway to explore ways to bring back the stolen wealth.
Interest rate will also be increased, says Bangladesh Bank governor
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.
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
BB forms new five-member board for Exim, keeping three shareholder directors unchanged
The S Alam Group is trying to sell properties that are not mortgaged to banks