০১ এপ্রিল, ২০২৫ ০০:১৪ এর সব খবর

Tuesday, 01 April, 2025

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Record remittance raises reserve to US$ 25 billion

Foreign currency reserves have surpassed the US$25 billion mark before the end of March, thanks to a record inflow of remittances this month. The countrys gross reserves have risen to US$25.44 billion, according to data released by Bangladesh Bank (BB) on Thursday night. The surge followed a...

BB re-fixes MFS transaction limit

Bangladesh Bank has re-fixed the Mobile Financial Service (MFS) transaction limit, reports UNB. The Payment System Department (PSD) of the central bank issued a circular in this regard on Thursday (Mar 27). According to the circular, the central bank set a new daily cash in limit for agent...

BB allows startups to invest $10,000 abroad

Bangladesh Bank (BB) has permitted startups to establish legal entities abroad with an investment of up to $10,000 or its equivalent. According to a BB circular issued on Thursday, applicants must submit their requests to Authorized Dealers (ADs) after making the remittance, reports BSS....

BB instructs banks to ensure smooth ATM, MFS services during Eid

Bangladesh Bank (BB) has instructed commercial banks to keep adequate cash at ATMs and ensure smooth online banking without interruptions, reports FE. The central bank issued the notification as they head into an unusually long closure of nine days for the Eid holidays. After it was decided...

Nigeria succeeded, Malaysia also succeeded: BB Governor

Bangladesh is intensifying efforts to recover vast sums of money allegedly laundered abroad, with a high-level delegation led by Bangladesh Bank Governor Ahsan H Mansur currently in the UK to seek assistance. He said in London, one of our two tasks is to discuss at the international level how to...

Banks asked to ensure online services, sufficient ATM cash during Eid holidays

Bangladesh Bank has instructed commercial banks to ensure uninterrupted online banking services and maintain adequate cash at ATMs as the country heads into a long nine-day closure for the Eid holidays. With most offices, banks, and financial institutions set to remain closed for nine days on...

BB issues guidelines to engage more students in school banking

Bangladesh Bank (BB) has issued new guidelines to increase student participation in school banking activities. From now on, every bank branch at the district, upazila, or union level must select at least one educational institution in the area to offer school banking facilities to students....

Committee formed to review BB reserve heist

The interim government has formed a high-level committee to review matters related to the 2016 Bangladesh Bank (BB) reserve heist, reports UNB. The six-member committee, headed by Law Adviser Asif Nazrul, was announced on Wednesday through a notification issued by the Cabinet Division. The...

Finance Adviser hopeful of bringing back a section of laundered money this year

Finance Adviser Dr Salehuddin Ahmed today (March 11) expressed his optimism about bringing back a hefty amount of laundered money from abroad within this year. Were trying immediately to start the process of bringing back the laundered money as early as possible. In this regard, well sign some...

BB halts exchange of new notes for Eid

Bangladesh Bank, the central bank of the country, has announced the postponement of its planned exchange of new currency notes ahead of Eid-ul-Fitr, reports UNB. Executive Director and Spokesperson of the bank Arif Hossain Khan confirmed the decision to UNB, stating that a fresh notification had...

BB warns against investing in MLM schemes

Bangladesh Bank (BB) has warned people against investing in multilevel marketing (MLM) companies highlighting their offering excessive returns on deposits, stating that such activities fall under money laundering, reports BSS. The central bank is also investigating alleged fraudulent activities...

BB reduces CRR to increase cash flow in banks

Bangladesh Bank (BB) has reduced the cash reserve ratio (CRR) of banks by 0.50 percent to boost liquidity flow in the banks. As a result, banks will now have to maintain a daily CRR of 3 percent instead of 3.5 percent, said the central bank. The Monetary Policy Department (MPD) of Bangladesh...

Economic stagnation continues

More than six months have passed since the Interim Government assumed power following the fall of the fascist Sheikh Hasinas government amid a Mass Uprising, yet there has been little to no visible progress in the countrys economy. Stagnation persists across all sectors, with business confidence...

Investigation underway into 2 former BB governors, 53 officials

The Anti-Corruption Commission (ACC) has launched an investigation into corruption allegations against 53 former and current officials, including former Bangladesh Bank governors Abdur Rouf Talukder and Atiur Rahman. The officials face accusations of illegal asset acquisition, money laundering, and...

BB to issue new notes from March 19 centering Eid

Like the previous years, the Bangladesh Bank will issue new notes in the market denominations of Taka 5, Taka 20, and Taka 50 through various scheduled banks of Dhaka region centering the upcoming Holy Eid ul Fitr, reports BSS. The common people will be able to take new notes from March 19 to...

BB to announce monetary policy statement today

Bangladesh Bank (BB) will announce the Monetary Policy Statement (MPS) for the second half of the 2024-2025 fiscal year (January-June), aiming to control inflation by keeping interest rates unchanged. The central bank governor Dr Ahsan H Mansur will formally announce the policy at 3 pm on...

New receiver appointed at BEXIMCO Group

Bangladesh Banks executive director Md Ruhul Amin suspended as the receiver of BEXIMCO group. Following the suspension, another executive director of the central bank, Khasru Parvez, was appointed as the receiver for the group on Tuesday. Central Banks spokesperson and executive director Arif...

Arif Hossain appointed as BB’s new spokesperson

Arif Hossain Khan, Executive Director of Bangladesh Bank, has been appointed as the central banks new spokesperson, replacing Husne Ara Shikha. The decision was announced in a directive issued on Wednesday by Jobdul Islam, Director of the central banks Human Resources Department. To assist...

Over 300 secret lockers found in BB

The Anti-Corruption Commission (ACC) is set to open over 300 secret lockers registered under the names of Bangladesh Bank officials in the presence of magistrates, the central bank confirmed on Wednesday, reports UNB. This revelation has sent former and current corrupt officials of the central...

ACC asks BB to freeze officials' safe deposits

The Anti-Corruption Commission (ACC) has sent a letter to the governor of Bangladesh Bank (BB), requesting measures to temporarily freeze all officials safe deposits in the banks security vault, reports Dhaka Tribune. This is to prevent any official from accessing their stored items. ACC...

‘Depositors will get back money from weak banks’

Bangladesh Bank Governor Dr Ahsan H Mansur assured depositors that they would get their money back from weak banks. I assure that you will get your money or bonds back in phases, he said while speaking as the chief guest at a workshop on microfinance at the CIRDAP auditorium in the city on...

Expats send $1.68bn in remittance over 25 days of Jan

Bangladesh received $1.68 billion in remittance through legal channels during the first 25 days of January, 2025. On average, expatriates sent $67.04 million per day during this period. According to the latest data from Bangladesh Bank (BB), the total remittance flow for January is likely to...

BB adopts new provisioning system to tackle non-performing loans

Bangladesh Bank (BB), in a bid to mitigate the severe liquidity crisis and prevent bankruptcies stemming from non-performing loans (NPLs), has introduced a new provisioning model in compliance with international financial standards. The move aims to ensure banks are better equipped to handle...

Capital machinery imports plunge amid rising economic uncertainty

The import of capital machinery in Bangladesh has plummeted, reflecting the deepening economic uncertainty facing the nation. Data from Bangladesh Bank reveals a stark decline in letters of credit (LCs) for machinery imports across all industrial sectors during the first five months (July-November)...

Central bank lifts restrictions on bankers' foreign travel

In a significant policy shift, Bangladesh Bank has removed all restrictions on the foreign travel of bank officials. From now on, bankers will no longer need prior approval from the central bank to travel abroad. The new directive, issued in a circular on Sunday, allows bank officers to travel for...

BB to offer special loan rescheduling facility

Bangladesh Bank (BB) is set to introduce a special loan rescheduling scheme for genuinely affected defaulters, providing extended repayment periods and interest waivers. For this, the central bank aims to issue a formal notification soon, with a transparent process to ensure only deserving...

Foreigners in Bangladesh increase spending on credit cards

On November amongst the last eight months foreigners including travellers or expatriates in Bangladesh have spent a total taka 204 crore on their credit cards. It is the second highest spending of foreigners in the country following taka 226 crore record of March 2023. On contrary, Bangladeshis...

United States overtakes UAE as leading source of expatriate remittances

The United States has surpassed the United Arab Emirates (UAE) in sending the most expatriate income, maintaining the top spot for three consecutive months. This marks a significant shift in global remittance trends, driven by a steady increase in U.S. expatriate remittances since political changes...