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
Conduct thorough probe
US Congresswoman Carolyn B Maloney has raised some serious questions about the New York Federal Reserve Bank's actions regarding the $101-million heist from the Bangladesh Bank account.
Hunt on for the heist bug
US cyber security firm FireEye, which is charging Bangladesh Bank $400 an hour to probe the $101 million heist, is hunting for a malware that it believes is still hiding in the bank's network.
Confusion, panic order of the day
Confusion and panic was the order of the day at the Bangladesh Bank yesterday, a day after its governor Atiur Rahman stepped down and two deputy governors were removed hastily amid strong criticism over the central bank's handling of the $101 million cyber theft.
Govt should quit over BB reserve heist: BNP
BNP demands Prime Minister Sheikh Hasina and her government's resignation over the recent heist from Bangladesh Bank account with Federal Reserve Bank of New York.
Atiur faces heat
Bangladesh Bank Governor Atiur Rahman yesterday faced criticism from government high-ups and a number of ruling party leaders for “incompetent handling” of the cyber theft. Finance Minister AMA Muhith was furious, and hinted that the top management of the BB may see changes as the fallout of the theft of $101 million from the BB account with the New York Federal Reserve Bank.
Forensic team examining BB computers
A forensic team is examining all computers of the Bangladesh Bank to determine how a malware hacked into the payment system of the central bank and stole $101 million.
Muhith fumes at central bank
Finance Minister AMA Muhith yesterday said he would take action against Bangladesh Bank for keeping him in the dark for more than a month about the theft of $101 million from the BB account with the New York Federal Reserve Bank. The central bank came to know about the incident two days after cyber thieves stole the money from the BB account on February 4 midnight when all the BB staff went on the two-day weekly holiday, according to BB officials.
BB installing monitoring software
To stop any further hacking of its network, Bangladesh Bank is installing monitoring software on all its computers that would instantly
Hackers steal $100m from BB account
Bangladesh Bank has identified the people involved in the hacking of around $100 million (Tk 780 crore) from its foreign currency account with the Federal Reserve Bank of New York, claim BB officials. Almost the entire amount was transferred online to the Philippines banking system and a small portion of it to Sri Lanka by suspected Chinese hackers on February 5, they said.
Tortured BB official Rabby rejects report, dubs it false
Bangladesh Bank official Golam Rabby, who was subjected to police torture for bribe, has rejected the report submitted to the Supreme Court over the incident. “I did not do anything, they grabbed me by my collar from the behind,” he tells The Daily Star hours after the report is filed to the apex court.