Bangladesh Bank

BASIC Bank dismisses 4 top officials

Scam-hit BASIC Bank suspends four of its top officials as part of its efforts to rid the state lender of financial anomalies that cost it thousands of crores of taka in recent years.
9 December 2015, 07:59 AM

BUILDING ON WHAT WORKS BETTER

Bangladesh, with the support and vision of the Bangladesh Bank, has seen remarkable progress in Mobile Financial Services (MFS) in recent years.
22 November 2015, 18:00 PM

4 state-owned banks get observers

The central bank appoints four observers to the boards of four state-owned commercial banks.
18 November 2015, 13:10 PM

Why BASIC Bank’s Bacchu not implicated: HC

High Court issues a rule asking why BASIC Bank’s former chairman Sheikh Abdul Hye Bacchu will not be implicated in cases filed over loan scam worth Tk 154 crore.
17 November 2015, 11:12 AM

Forex reserve hits $27bn mark

The foreign currency reserve of Bangladesh hits a new record crossing a $ 27-billion mark.
29 October 2015, 14:21 PM

Badal removed from IFIC Bank’s board of directors

Bangladesh Bank (BB), the country’s central bank, removes Mohammad Lutfar Rahman, also known as Badal, from IFIC Bank’s board of directors.
29 October 2015, 12:04 PM

BB launches instant fund transfer system

Bangladesh Bank (BB) launches Real Time Gross Settlement (RTGS) with 55 banks.
29 October 2015, 11:06 AM

Dr Atiur wins "Central Bank Governor of the Year 2015, Asia" award

Bangladesh Bank Governor Dr Atiur Rahman has been awarded with "Central Bank Governor of the Year 2015, Asia".
10 October 2015, 14:36 PM

BB to release Tk 25,000cr new notes before Eid

The Bangladesh Bank will circulate around Tk 25,000 crore worth of new notes in the economy ahead of the upcoming Eid-ul-Azha.
15 September 2015, 13:22 PM

Is this monetary policy growth supportive?

Bangladesh Bank recently announced its monetary policy for the fiscal year 2016. As always, the announcement has sparked a number of criticisms.
4 August 2015, 18:00 PM

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.
3 August 2015, 13:31 PM

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.
1 August 2015, 11:40 AM

Monetary policy rates remain unchanged

Bangladesh Bank announces its monetary policy for the first half of the current fiscal year, keeping policy rates unchanged.
30 July 2015, 11:37 AM

Expectations from new monetary policy

The monetary policy for the fiscal year 2016 is coming soon. Its arrival in the wake of the recently announced budget will build the bridge between the Ministry of Finance and Bangladesh Bank, heralding coordination between fiscal and monetary policies.
27 July 2015, 18:00 PM

AC malfunction, fire at Bangladesh Bank

A small scale fire breaks out at Bangladesh Bank in Dhaka’s Motijheel this afternoon, however, no major losses or casualties were incurred.
26 July 2015, 10:26 AM

Eid transaction over Tk 1 trillion

Transaction during the recent Eid season surpassed Tk 1 trillion, Bangladesh Bank Governor Atiur Rahman says.
23 July 2015, 09:09 AM

Banks to stay open Jul 15 to clear RMG wages

Scheduled banks at RMG areas in Dhaka, Narayanganj, Ashulia, Tongi, Savar and Chittagong will stay open for payments of wages.
12 July 2015, 08:53 AM

Bangladesh’s exports rise to $31.2b

Exports rise by 3.35 percent to $31.2 billion in the just concluded fiscal year, a senior Bangladesh Bank official told The Daily Star.
6 July 2015, 12:46 PM

Record $15.30bn remittance in FY 2014-15

Bangladesh received record $15.3 billion in remittance from expatriates working abroad in the last fiscal year.
2 July 2015, 05:36 AM

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.
1 July 2015, 09:57 AM