- Pakistan Minister Ahsan Iqbal Chaudhary calls on CA
- Ehsanul Hoque Milan invited to join new cabinet
- BNP MPs refuse duty-free cars and government plots
- Jamaat MPs take oath after reversing decision
- President to administer oath to ministers at 4pm
- Govt hospitals rife with corruption: ACC raids expose chaos in health sector
- Maldives President arrives to join oath taking ceremony of new cabinet
- BNP’s newly-elected MPs sworn in
- Newly-elected MPs enter Parliament building to take oath
- Irish watchdog launches EU probe into Grok AI sexual imagery
- Health sector reform plans remain stalled
- Ahead of Russia-Ukraine talks, Trump urges Kyiv to negotiate ‘fast’
- Severe gas crisis cripples industries, forces shutdowns
- Will be involved ‘indirectly’ in Iran nuclear talks: Trump
- Fire in Karwan Bazar: 10 units working to control blaze
- Girona shock Barca as Yamal misses penalty
- Fire at Old Dhaka shoe factory brought under control
- Newly elected MPs, cabinet members to take oath today
- TCB launches nationwide Ramadan essentials sale via 450 trucks
- Now it's my time to leave: Chief Advisor
BB warns against sample notes, misleading social media content
Bangladesh Bank (BB) has cautioned the people against using paper or objects resembling bank notes for marketing and social media content, warning that such activities are punishable offenses under existing laws, reports BSS. In a press release issued today by the Department of Communications...
Bangladesh Bank buys $171m via dollar auction
Bangladesh Bank on Tuesday purchased $171 million from 11 commercial banks through multiple auction methods as part of its ongoing strategy to curb the depreciation of the US dollar against the Taka and revitalise the remittance and export sectors. According to central bank data, it bought...
Policy interest rate kept unchanged
Bangladesh Bank has announced its monetary policy for the second half of the current fiscal year (JanuaryJune), keeping the policy interest rate unchanged as inflation has yet to fall to the desired level. The central bank said it would continue its contractionary monetary stance until inflation...
BB relaxes housing loan rescheduling rules to ease borrower repayments
Bangladesh Bank (BB) has issued revised guidelines for rescheduling housing loans, relaxing earlier time-bound restrictions to better support borrowers and align repayments with their financial capacity. According to a central bank circular, the move is aimed at facilitating regular installment...
No BB autonomy under interim govt: Finance adviser
Finance Adviser Salehuddin Ahmed said the interim government has decided not to amend the Bangladesh Bank Order, 1972, to grant full autonomy to the central bank, including ministerial status for the governor, reports Daily Sun. In a letter sent to Bangladesh Bank Governor Dr Ahsan H Mansur on 5...
BB buys $171m through dollar auction
Bangladesh Bank (BB) purchased US$171 million from 16 commercial banks on Tuesday through multiple auction methods as part of its ongoing strategy to curb the depreciation of the US dollar against the taka and revitalise the remittance and export sectors, reports BSS. According to central bank...
Finance companies to remain closed on 11-12 Feb
All financial institutions will remain closed on 11 and 12 February on the occasion of the upcoming 13th National Parliamentary Election and referendum. Bangladesh Bank (BB) on Tuesday issued a circular to this end. The circular stated that in line with a notification issued by the Ministry...
Remittance inflow surges past US$3 billion in January
The countrys remittance inflow surged 45.1 percent year-on-year, reaching US$3.17 billion in January, marking the third highest monthly remittance in the countrys history. According to Bangladesh Bank (BB) data, the country had received US$2.19 billion in remittances during the same month last...
Govt moves to shut down six financial institutions
Bangladesh Bank has moved to shut down or liquidate nine non-bank financial institutions (NBFIs), while giving three others time to improve their financial health. The central banks board took the decision at a meeting on Tuesday, chaired by Governor Ahsan H Mansur. Bangladesh Bank Executive...
Remittances hit $2.48bn in 24 days
Bangladesh received $2.477 billion in inward remittances during the first 24 days of January, equivalent to Tk 302.939 billion, according to data released by Bangladesh Bank on Sunday. The central banks figures show the inflow was about 49 percent higher than the same period a year earlier....
BB urges lifting import cap to curb price rises
Bangladesh Bank (BB) has urged the commerce ministry to remove a cap on imports under sales contracts, arguing that the restriction is driving up costs and contributing to rising prices of essential goods. In a letter to the ministry, BB called for lifting the ceiling to allow bulk imports of...
Banking sector crisis too deep to fix in 14–16 months: Finance Advisor
Countrys banking sector is facing a deep structural crisis that cannot be resolved within 14 to 16 months, Finance Advisor Dr. Salehuddin Ahmed said on Thursday. Speaking at a roundtable discussion titled Banking Sector Reforms held at a hotel in the capital, he said years of accumulated...
Governor calls for caution over political interference in banks
Bangladesh Bank Governor Dr Ahsan H Mansur has warned that political interference may return to the banking sector in the future if the Bangladesh Bank (Amendment) Ordinance is not issued, reports Daily Sun. He said caution must be exercised to ensure that personal or individual-centric...
Investors in nine financial institutions brace for heavy losses
Bangladesh Bank has decided to liquidate nine non-bank financial institutions, triggering acute anxiety among investors and depositors. Since the recent decision to wipe out the shares of five banks, investors have been seething with anger. The announcement of the liquidation of nine more financial...
Banks stuck with idle cash as borrowers shy away before polls
Bangladeshs banking sector is facing a growing paradox as record excess liquidity alongside a sharp slowdown in lending. Political uncertainty ahead of the 13th parliamentary election, weak private investment and elevated risks from non-performing loans (NPLs) have dampened credit demand, leaving...
BB works to form ‘Bank Resolution Fund’: Governor
Bangladesh Bank (BB) Governor Dr Ahsan H Mansur on Wednesday said that the central bank is working to create a dedicated Bank Resolution Fund which will collect between TK 30,000 crore and TK 40,000 crore aimed at mitigating financial crises without relying on the government budget. The primary...
BB buys $743m from banks in first 20 days of January
The Bangladesh Bank purchased $743 million from commercial banks through auctions during the first 20 days of January, as part of its ongoing efforts to stabilise the exchange rate, reports TBS. Confirming the matter, BB Executive Director and Spokesperson Arif Hossain Khan said the central bank...
Govt's reliance on savings-certificates declines as repayments outpace sales
Although net sales of national savings certificates (Sanchayapatra) rose slightly in the first five months of the 202526 fiscal year, overall indicators suggest that the governments dependence on this financing instrument is gradually declining. High interest costs, persistently elevated inflation...
Probe report in BB reserve heist case on Feb 18
A Dhaka court on Tuesday set February 18 to submit a probe report in the case lodged over the Bangladesh Bank (BB) reserve heist that took place in 2016, reports BSS. Dhaka Additional Chief Metropolitan Magistrate Jashita Islam set the new date as the investigation agency Criminal Investigation...
81.4% growth of remittance inflow till January 11
Inflow of remittances witnessed a year-on-year growth of 81.4 percent reaching $1,336 million in the first 11 days of January, according to the latest data of Bangladesh Bank (BB) issued on Monday. Last year, during the same period, the countrys remittance inflow was $737 million. During the...
Bangladesh Bank purchases $81m in dollar auction
Bangladesh Bank on Monday purchased $81 million from 10 commercial banks through multiple auction methods as part of its ongoing strategy to curb the depreciation of the US dollar against the taka and revitalise the remittance and export sectors. According to central bank data, it bought dollars...
Bangladesh Bank allows 270-day credit for LPG imports
Bangladesh Bank has relaxed import rules for liquefied petroleum gas, permitting importers to use credit facilities of up to 270 days, a move aimed at easing dollar liquidity pressure and ensuring steady LPG supplies in the domestic market. Under the new arrangement, LPG imports will now be...
BB to issue Tk 10,000cr ‘Special Sukuk-1’ for infrastructure projects
In a significant move to bolster government infrastructure through Shariah-compliant financing, Bangladesh Bank (BB) has announced the issuance of the Bangladesh Government Special Sukuk-1 with a total face value of Tk 10,000 crore. The decision was finalized during two consecutive meetings held...
Bold initiatives by Bangladesh Bank
After the fall of the Awami League government, the condition of Bangladeshs financial sector was dire. Rampant money laundering and plunder by willful loan defaulters had devastated the banking sector. A state of near anarchy prevailed across the financial system. It was in this critical...
Costly loans cripple local industrial growth
The removal of the 9% cap on bank lending rates has widened the gap between lending and deposit rates in Bangladesh, making loans significantly more expensive and slowing private investment. In some banks, the spread between lending and deposit rates now exceeds 8%-10%. According to Bangladesh...
Remittance inflows surge 37.1% up to January 3
Inflow of remittances witnessed a year-on-year growth of 37.1 percent reaching $288 million in the first three days of January, according to the latest data of Bangladesh Bank issued on Sunday. Last year, during the same period, the countrys remittance inflow was $210 million. During the July...
BB rolls out risk-based supervision to rebuild depositor confidence
Bangladesh Bank has launched a new Risk-Based Supervision (RBS) framework, marking a major shift in how banks and financial institutions are regulated, as authorities seek to restore depositor confidence after years of stress in the sector, reports UNB. The central bank on Sunday formally moved...
Governor’s business-friendly initiatives win praise
After nearly 17 months, a renewed sense of optimism has returned to the countrys business community, following a series of policy support measures introduced by Bangladesh Bank Governor Ahsan H Mansur. By formulating appropriate regulations and providing structured policy assistance, the central...