- ‘Building a democratic state is possible if we follow inspiration of July martyrs’
- CA for presenting true history of Liberation War
- Women's footballers to get Tk 50 lakh for securing place in Asian Cup
- ‘Reached a consensus on decentralisation of subordinate courts’
- Bangladesh to face Nepal in friendlies in Sep
- Shamim replaces Chunnu as secretary general of Jatiya Party
- Remittance inflow rises by 15.34% in first 6 days of July
- BFUJ, DUJ protest against ‘threats aimed at journalists’
- 12 leaders of DU Chatradal dismissed for negligence in organizations duties
- BB unveils major regulatory policy for banks
- If election delays more, country will go backward: Fakhrul
- Khaleda Zia acquitted in three cases in Cumilla
- German space capsule lost carrying ashes of 166 people
- Sanjog Gupta appointed as ICC’s new CEO
- Nat’l Press Club expresses concern over ‘threats issued against journos’
- Dengue claims 3 more lives in 24 hours
- UK experts inspect fighter jet stuck in India for three weeks
- 12 Turkish soldiers die of methane gas poisoning in Iraq
- Dozens leave Japan islands after nearly 1,600 quakes
- Conspiracy still going on against BNP: Mrs Ilias
Bangladesh Bank to be made constitutional body: Sources
The government has finalised the draft of a proposed ordinance to elevate Bangladesh Bank to the rank of a constitutional body, effectively stopping the states executive branch from interfering in central bank affairs, reports the Daily Sun. The International Monetary Fund (IMF) and the World...
Probe report in BB reserve heist case July 24
A Dhaka court on Wednesday set July 24 to submit a probe report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016, reports BSS. Dhaka Additional Chief Metropolitan Magistrate Zakir Hossain set the new date as the investigation agency Criminal Investigation...
Deshbandhu Group secures major foreign investment, begins loan restructuring
Deshbandhu Group, one of Bangladeshs leading industrial conglomerates, is set to receive a significant foreign direct investment (FDI) aimed at revitalizing its financial structure and strengthening the national economy. The initiative marks a major advancement in the countrys industrial and...
Bangladesh sets new record with $30bn in remittance
Bangladesh has achieved a historic milestone in inward remittances, with the total crossing the $30 billion mark for the first time. According to Bangladesh Bank data, remittance inflows reached $30.04 billion on June 28, just two days before the end of the fiscal year 2024-25marking a 26.5 per...
Bangladesh receives $2.54b in remittance in 28 days of June
Bangladeshs remittance inflow has witnessed 7.1 percent year-on-year growth, reaching $2.54 billion in the first 28 days of June. During the same period last year, the countrys remittance inflow stood at $2.37 billion. According to the latest data of Bangladesh Bank (BB) released on Sunday,...
Bangladesh Bank injects Tk 52,500 crore into struggling banks
Bangladesh Bank has injected an unprecedented amount of Tk 52,500 crore into 12 financially weak banks by printing new currency, despite maintaining a tightened monetary policy stance. According to central bank data released on Saturday, this substantial financial assistance is part of the...
ACC brings out investigation into ex-BB governor Atiur Rahman
The Anti-Corruption Commission (ACC) has officially launched an investigation into former Bangladesh Bank governor Atiur Rahman, focusing on serious allegations of abuse of power, loan fraud, and policy decisions that allegedly weakened the countrys banking sector over the past 15 years. Atiur,...
Forex reserves stand at $27.31bn
Bangladeshs foreign exchange reserves have stood at $27.31 billion. However, as per the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6), Bangladeshs foreign exchange reserves stood at $22.25 billion, according to a...
‘Value of our currency to be determined locally,’ BB governor
The value of Bangladeshs currency will be determined by the country itself and it will not be devalued by even a single paisa without a justified and rational reason. Bangladesh Bank (BB) Governor Ahsan H Mansur said after officially unveiling Googles flagship fintech service during a function...
Bangladesh Bank aims to bring inflation down to 5%: Governor
Bangladesh Bank Governor Dr. Ahsan H Mansur has said that the central bank aims to bring inflation down to 5 percent, setting a more ambitious target than the governments goal of 6.5 percent. He made the remarks on Tuesday while speaking at the inauguration of the Google Pay service at a hotel in...
IMF approves $1.3bn of $4.7bn loan program for Bangladesh
The International Monetary Fund (IMF) has finally approved a $1.3 billion disbursement of the third and fourth tranches of Bangladeshs $4.7 billion loan program. As a result, it is set to receive a significant boost to its foreign exchange reserves, with the IMF approving the disbursement of...
No new banknotes at banks, but available in open market
Although Bangladesh Bank has released newly designed Tk20, Tk50, and Tk1,000 notes ahead of Eid, scheduled banks are unable to supply them, while they are being sold at inflated prices on the open market. A visit to Motijheel and Gulistan reveals traders sitting under the open sky, openly...
BB Governor spent 65 days abroad in 9 months
Bangladesh Bank Governor Dr Ahsan H Mansur has triggered anxiety in the financial sector with remarks warning that widespread fraud and looting have pushed 10 banks to the verge of bankruptcy, with some barely staying afloat. Speaking at various events after taking office on 14 August last year,...
Bangladesh Bank rejects report on six-bank merger by July
Bangladesh Bank has officially denied recent media reports suggesting that six banksfive Islamic and one conventionalwill be merged by July this year. In a press statement issued on Friday, central bank spokesperson Arif Hossain called the news false and baseless, expressing regret over the...
BB to release redesigned Tk20, Tk50, and Tk1,000 notes on June 1
Bangladesh Bank is set to introduce newly redesigned Tk20, Tk50, and Tk1,000 banknotes into circulation starting Sunday, June 1, just ahead of Eid-ul-Azha. This release marks a significant move to modernize the nations currency while addressing past political tensions tied to note design. Notably,...
BB instructs banks to use AI against online gambling
Amid a concerning rise in online gambling and its associated societal decay and criminal activities, the Bangladesh Bank has taken a firm stance to curb these illicit practices. The Payment Systems Department of Bangladesh Bank on Wednesday issued a directive instructing all banks and financial...
Forex Reserves Stand at US$25.80 billion: BB
Bangladeshs foreign exchange reserves have stood at US$25.80 billion. However, as per the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6), Bangladeshs foreign exchange reserves stood at $20.56 billion. Bangladesh...
BB moves to cancel licenses of 20 failing financial institutions
Bangladesh Bank has initiated a sweeping crackdown on 20 non-bank financial institutions (NBFIs) identified as being in prolonged financial crisis, mainly due to overwhelming defaulted loans and an inability to return customer deposits. These institutions have been formally issued letters by the...
BB ignores finance ministry’s call to support crisis-hit paper industry
Bangladesh Bank (BB) is reportedly disregarding a directive from the Ministry of Finance to provide policy support to the countrys struggling paper industry, now facing severe financial distress. Of the 106 paper mills in operation, 70 have already shut down due to a range of challenges, including...
New currency without portraits to launch before Eid: BB governor
Government is set to introduce new currency notes ahead of Eid-ul-Azha, with designs that emphasize national heritage rather than portraits. Bangladesh Bank Governor Dr. Ahsan H. Mansur confirmed the development on Saturday while inaugurating the countrys first credit enhancement scheme at the...
Redesigned notes of Tk 20, 50, 1000 to be released before Eid
Bangladesh Bank is set to release new currency notes of Tk 20, 50 and 1000 in the market ahead of Eid-ul-Azha. However, the central bank did not issue any new notes before the last Eid-ul-Fitr. This time, it is preparing to release redesigned notes for the upcoming Eid. The Security Printing...
Govt to form independent board to oversee Nagad operations
The interim government has announced plans to form a new independent board to oversee mobile financial service provider Nagad, Finance Adviser Salehuddin Ahmed confirmed on Sunday. The move was decided during a high-level meeting at the secretariat, aimed at restoring proper governance and...
Court sets July 2 for probe report in BB reserve heist case
A Dhaka court today (May 18) set July 2 to submit a probe report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016. Dhaka Additional Chief Metropolitan Magistrate Wahiduzzaman set the date as the investigation agency Criminal Investigation Department (CID) failed...
BB allows banks to send up to $15,000 for treatment abroad
Bangladesh Bank (BB) has allowed banks to send up to $15,000 for the treatment abroad. The funds can be sent in foreign currencies directly to the hospital abroad or through an international card, said a BB circular issued on Monday. The highest cash release limit in this case is set at...
Bank ordinance gazetted, allowing central bank to take over troubled institutions
The government has issued the Bank Resolution Ordinance 2025, formally gazetted on Friday, May 9even though it was a public holiday. The ordinance grants sweeping powers to Bangladesh Bank to intervene in, take over, and restructure struggling banks and financial institutions. The 67-page...
Forex reserves stand at $27.41b: BB
Bangladeshs total foreign exchange reserves now stand at $27.41 billion, according to Bangladesh Bank, as disclosed by its spokesperson Arif Hossain Khan today (April 30). According to the latest data, as of April 30, the countrys gross foreign exchange reserves stood at $27.41 billion. However,...
BB approves foreign study fee payments
The Bangladesh Bank (BB) has approved the payment of admission and examination-related fees in foreign currencies for studies in foreign academic institutions for those examinations which are held in local centres. In a circular, the central bank said banks may allow authorised examination...
Bangladesh Bank tightens rules to identify and report willful defaulters
In a move to curb non-performing loans, Bangladesh Bank has toughened its stance on willful defaulters. Banks are now required to identify and officially designate such borrowers, reporting them to the Credit Information Bureau (CIB), where they will be marked as Willful Defaulters (WD). The...