Bangladesh Bank

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,
25 November 2018, 18:00 PM

BB approves Community Bank

The Bangladesh Bank yesterday gave its final nod to a commercial bank and asked three others to produce documents required to obtain licences.
29 October 2018, 20:07 PM

AnonTex riding on BB favours

Bangladesh Bank has given AnonTex, which took more than Tk 5,500 crore from Janata Bank through serious irregularities, a controversial permission to take more loans from other state-owned banks as well, reschedule its loans and valuate its assets afresh to make it look like a healthy company.
27 October 2018, 18:00 PM

Collapse of banks' corporate governance

Nonperforming loans (NPLs) jumped by Tk 15,037 crore in the last six months alone bringing the total amount to Tk 89,340 crore in June of this year. This shows just how little control Bangladesh Bank (BB) actually exercises over state-owned banks and their management.
11 September 2018, 18:00 PM

Banks to remain open on Saturday

Bangladesh Bank directs banks to keep their selective branches open on August 18 (Saturday), a public holiday, to facilitate payment of salaries, wages and festival allowances to garment workers ahead of Eid-ul-Azha.
16 August 2018, 15:55 PM

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.
31 July 2018, 18:00 PM

Gold in BB Vault: Discrepancies raise question

Bangladesh Bank recorded some of the gold in its vault as low-grade ones although an investigation by the Customs Intelligence and Investigation Directorate (CIID) found that they were of superior quality.
19 July 2018, 18:00 PM

All gold kept in BB vault secure

State Minister for Finance and Planning MA Mannan yesterday claimed that all gold kept in the Bangladesh Bank's vault is secure.
18 July 2018, 18:00 PM

Unsettled Lcs, ghostly import

The Bangladesh Bank has detected some gross violations in foreign exchange transactions that have raised concerns about money laundering.
16 July 2018, 18:00 PM

Banks now to get cheaper BB funds

Bangladesh Bank has made funds cheaper for all banks by reducing its repo rate by 75 basis points to 6 percent.
3 April 2018, 18:00 PM

BB orders watch on mobile money transfers

To prevent question leaks from marring the Higher Secondary Certificate (HSC) examinations, Bangladesh Bank orders for a close watch on mobile financial transactions.
2 April 2018, 13:56 PM

BB launches mobile app to hear complaint

Financial Integrity and Customer Services Department (FICSD) of Bangladesh Bank (BB) introduce mobile app to ease the procedure of filing compliant of clients.
11 March 2018, 14:09 PM

Act now to save banks from graft

Noted citizens, including economists and former caretaker government advisers, yesterday urged the government to ensure punishment of perpetrators of crimes in the banking sector.
5 March 2018, 18:00 PM

Cash incentive rules flouted

Kuliarchar Sea Foods, a Cox's Bazar-based fish exporter, withdrew about Tk 19 crore in cash incentives from Mercantile Bank last year, violating government rules.
26 February 2018, 18:00 PM

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.
29 January 2018, 18:00 PM

Recruitment tests of 8 state-run banks cancelled

Amid protest of the candidates, Bankers’ Selection Committee cancels the recruitment tests for eight state-run banks.
16 January 2018, 08:04 AM

Recruitment test of 8 banks: BB calls emergency meeting amid protest

Bangladesh Bank calls an emergency meeting tomorrow following protests over mismanagement in the recruitment test of the eight state-run banks a few days ago.
15 January 2018, 14:26 PM

SC upholds BB decision to remove NRBC Bank's MD

The Supreme Court upholds the Bangladesh Bank decision to remove the Managing Director of NRB Commercial Bank, Dewan Mujibur Rahman.
11 January 2018, 05:50 AM

Left-leaning parties nonsense: Muhith

Finance Minister AMA Muhith criticises the left-leaning political parties for their programme of laying siege to Bangladesh Bank protesting irregularities in the banking sector.
27 December 2017, 12:53 PM

Recruitment exam of 8 banks Jan 12

Recruitment examination of eight government banks and financial institutions for 1663 vacant posts is scheduled to be held on January 12.
26 December 2017, 14:31 PM