central bank

Money laundering and its effect on Bangladesh’s inflation

Inflation, which erodes the purchasing power for consumers as well as businesses, happens in two ways.

Roadmap for banking reforms: Old wine in a new bottle?

In February 2019, the central bank lowered the timeframe to three years from five years. And what has that achieved?

New monetary policy is appropriate in direction, but inadequate in dosage

Why this behind-the-curve approach to fighting inflation?

‘BB governor worse performer than 70 countries’ central bank chiefs’

New York-based Global Finance magazine finds, reviews performance of central bank chiefs of 102 countries.

Govt keeps borrowing big amounts from BB

The government has kept borrowing a hefty amount of funds from the Bangladesh Bank as commercial banks are unable to meet the financing requirement of the state because of the liquidity crunch. 

Central banks and innovation

Fintech innovation, especially innovation in payments -a critical financial service most people use every day—is generating new challenges and often competing priorities for central banks.

Lanka gets 6 more months to repay BB’s $200m

Bangladesh Bank yesterday granted Sri Lanka’s request to be given six more months to repay a $200 million loan due to the prolonging of its economic crisis. 

Nagad Finance inches closer to running MFS operation

The Bangladesh Bank yesterday decided in principle to allow Nagad Finance PLC, a proposed non-bank financial institution (NBFI), to run mobile financial services. 

BB team was negligent in detecting BIFC irregularities

The central bank’s inspection team did not perform properly to detect the irregularities at Bangladesh Industrial Finance Company (BIFC), a fact-finding committee found.

January 13, 2016
January 13, 2016

A rent seeking policeman!

The horrific experience of an assistant director of the central bank, picked up by a sub-inspector and his cohorts and tortured inside a police...

November 18, 2015
November 18, 2015

4 state-owned banks get observers

The central bank appoints four observers to the boards of four state-owned commercial banks.

July 1, 2015
July 1, 2015

BB asks FIs to tighten money laundering rules

The central bank today issued a master circular asking all financial institutions (FIs) to follow the anti-money laundering and terrorist financing rules strictly.

March 19, 2015
March 19, 2015

Interest rebate for good borrowers

Bangladesh Bank will offer incentives to good borrowers, as there has been an allegation that the central bank always stands by defaulters.

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