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

January 20, 2016
January 20, 2016

Bangladesh Bank vs MK Alamgir

The Bangladesh Bank has made Muhiuddin Khan Alamgir very unhappy and he is not taking it sitting down.

January 11, 2016
January 11, 2016

Cop closed over ‘torturing bank official’

A sub-inspector of Mohammadpur Police Station has been closed for allegedly torturing a Bangladesh Bank official and threatening to implicate him in a lawsuit if he fails to pay a Tk 5 lakh bribe.

January 4, 2016
January 4, 2016

Banks' capital base strengthens

Banks' overall capital base went up 6.58 percent in the third quarter of 2015 from three months earlier as the asset quality of private

August 3, 2015
August 3, 2015

Ex-enclave citizens to get farm loans, CSR funds

New Bangladeshi citizens from the former enclaves will get farm loans and CSR budgets from the scheduled banks operating in the country.

August 1, 2015
August 1, 2015

BB awards top remitters

Bangladesh Bank awards 31 non-resident Bangladeshis for sending the highest amount of remittances last year to encourage the expatriates to send money home through legal channels.

March 27, 2015
March 27, 2015

Prevent banking by militants: BB chief

Bangladesh Bank (BB) Governor Dr Atiur Rahman asks the commercial banks to take the highest cautionary measures so that no one can use the banking channel for financing terrorism both at home and aboard

February 10, 2015
February 10, 2015

Being a big loan defaulter pays!

THE recent circular issued by the Bangladesh Bank (BB) on loan restructuring does not seem to be equitable because it is giving a special facility only to a certain group of people.

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