BB
BB will not close any companies like S Alam, Beximco: Governor
He also said that legal action would be taken against the S Alam Group chairman and other officials for their alleged crimes in the banking sector
Efforts to retrieve laundered money ramped up
Bangladesh has intensified its efforts to sign bilateral deals with different countries with the view to recovering funds illegally taken abroad, said Bangladesh Bank Governor Ahsan H Mansur.
BB governor to visit US for World Bank-IMF meetings
The meetings will take place in between October 21 and October 26
Central bank not blocking any business accounts: Governor
BB is not blocking or interfering with the accounts of any businesses, regardless of their political affiliations, said BB Governor Ahsan H Mansur
EDF loan gets costlier after new interest rate calculations
Exporters will face higher costs when getting loans from the Export Development Fund (EDF), as a new interest rate calculation method has been introduced for loans in US dollars
Deputy governors abandon offices as protests flare up at Bangladesh Bank
Deputy Governor Kazi Sayedur Rahman resigns, while others are on the way out
Nine banks were in BB ‘red zone’
Nine banks, including four state-run ones, were in the “red zone”, meaning their financial health was fragile,
Short-term trade finance cost in foreign currencies goes up
he Bangladesh Bank yesterday increased the all-in-cost ceiling for short-term trade finance in foreign currencies to 4 percent
Lending rate on bank loans goes past 12%
The interest rate on bank loans in Bangladesh has gone past 12 percent as the reference rate has seen an increase, central bank data showed
Why Bangladesh Bank's inflation control policy is falling short
One key factor hampering the effectiveness of BB's policies is the delay in decision-making and significant transmission lags.
Will BB’s lending rate-setting formula yield expected results?
The Bangladesh Bank has decided to implement a market-based interest rate from July, moving away from the 9 per cent interest rate cap on loans, an initiative that may help the central bank uses its policy rates effectively in its fight against higher inflation.
Reforms in the financial sector necessary to get rid of default loans
Why is the amount of default loans increasing day by day?
Will the government touch the ‘untouchables’?
The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.
Lax monitoring by BB to blame for bank scams
Had the Bangladesh Bank played the role of a guardian and properly inspected commercial banks, the scams would not have taken place in the banking sector, Anti-Corruption Commission Chairman Iqbal Mahmood said.
BB Cyber Heist: Malware sent to BB network thru' emails
It looked like any other email job-seekers send. The sender Rasel Ahlam attached a cover letter and a resume apparently hoping for a call for a personal interview.
Scams, failures skipped, dev highlighted
The Bangladesh Bank has published a report on the banking sector development over the last 10 years ahead of the national elections,
Central bank detects Tk 4,000cr laundering
Bangladesh Financial Intelligence Unit has detected cases of money laundering involving Tk 4,000 crore and is carrying out a thorough probe into it, Bangladesh Bank Deputy Governor Abu Hena Mohd Razee Hassan said yesterday.
Banks asked to lower their loan-deposit ratio
The central bank yesterday instructed banks to lower their loan-deposit ratio to within 83.5 percent by June 30 in a move to reining in the banks' aggressive lending practices.
BB seeks to curb excessive lending
Bangladesh Bank yesterday announced its new monetary policy for January-June with a target to tighten money supply and curb excessive lending, which is likely to raise interest rates and hurt businesses and consumers.