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
AB Bank laundered Tk 165cr to UAE
The AB Bank has allegedly laundered around Tk 165 crore to the United Arab Emirates through two shady organisations in the name of investment, according to a Bangladesh Bank probe report.
2016 Cyber-heist: BB, NY Fed plan to sue Manila bank
Bangladesh's central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world's biggest cyber-heists, several sources said.
Farmers Bank Debacle: BB measures not enough
Bangladesh Bank responded very late in dealing with the ailing Farmers Bank, former central bank governors and senior economists said.
2 more pvt banks in the offing
Bangladesh Bank is completing the primary process for issuing licences to two more private banks, which analysts claimed would be detrimental to the banking industry and the economy as a whole.
JS committee forms body to probe Agrani Bank ‘loan scam'
A parliamentary body is formed a three-member sub-committee to give recommendations on a Bangladesh Bank report that got huge irregularities in giving loans from the state-run Agrani Bank.
Quizzical Changes in SIBL: BB rushes to approve it
Bangladesh Bank approved the sudden changes in Social Islami Bank Limited (SIBL) only hours after the Shariah-based bank provided it with documents on Monday.
Graft leaves 2 pvt banks in dire straits
Only four years after their inception, two private commercial banks are at a risk of becoming insolvent due to rampant corruption, posing a potential threat of a spill-over impact on the entire banking system, according to a Bangladesh Bank report.
Farashuddin wants further probe
The government should carry out further investigation to find out whether the suspected Bangladesh Bank officials were really involved in the $101 million cyber heist, says Mohammed Farashuddin, head of the three-member body that probed the theft.
'SWIFT is responsible for Bangladesh Bank heist'
A government committee probing the Bangladesh Bank heist has held SWIFT responsible for weakening the payment system which allowed cyber thieves to steal $81 million from the central bank's account with the New York Fed.
Filipino willing to return $14.3m
Kim Wong, the Filipino casino operator dubbed the “missing link” in the cyber heist of $81 million in Bangladesh Bank reserves, said he is willing to return up to $14.3 million he received from two Chinese nationals linked to the stolen funds.