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Macro economy shows stability, says BB Governor
Bangladesh Bank Governor Dr Ahsan H Mansur on Thursday said that the countrys foreign exchange reserves are stable and gradually increasing, despite the delayed disbursement of loan installments from the International Monetary Fund (IMF), reports UNB. Speaking at an event of Economic Reporters...
Texas authority bans DeepSeek, RedNote from government devices
Texas governor Greg Abbott has banned the use of DeepSeek, a Chinese artificial intelligence platform, on state-issued devices, making Texas the first U.S. state to impose such a restriction. The move comes as DeepSeek gains traction in the U.S., shaking up the AI industry with its ability to rival...
‘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...
MFIs must focus on reducing urban poverty: BB Governor
Bangladesh Bank Governor Dr. Ahsan H. Mansur encouraged Micro Finance Institutions (MFIs) to focus on reducing urban poverty in addition to their efforts in rural areas. The governor was speaking as the chief guest at a workshop on Micro Finance in Bangladesh, June 2024 organised by the...
Financial activities of women will boost their social status: Governor
Bangladesh Bank Governor Dr Ahsan H Mansur said more womens involvement in financial activities and the labour force would bring financial independence and more development to the country. He said this at the managers conference of the Karmasangsthan Bank at Biddut Bhaban in the capital on...
Many struggling banks recovering: BB Governor
Bangladesh Bank (BB) Governor Dr Ahsan H Mansur has said that several banks, which were on the brink of bankruptcy, are now making significant strides in recovery due to strengthened regulatory measures and improved management practices. Banks are not private or family entities; they belong to...
Many struggling banks recovering: BB Governor
Bangladesh Bank Governor Dr Ahsan H Mansur has said several banks, which were on the brink of bankruptcy, are now making significant strides in recovery due to strengthened regulatory measures and improved management practices, reports UNB. Banks are not private or family entities; they belong...
ACC approves case against ex-BB deputy governor SK Sur and family
The Anti-Corruption Commission (ACC) has approved filing a case against Sitangshu Kumar Sur Chowdhury (SK Sur Chowdhury), former Deputy Governor of Bangladesh Bank, along with his wife, Suparna Sur Chowdhury, and daughter, Nandita Sur Chowdhury, reports TBS. Following an inquiry into allegations...
Inflation to come down below 5%: BB Governor
Bangladesh Bank (BB) Governor Dr Ahsan H Mansur has expressed his optimism that the general point to point inflation rate would come down below 5 per cent by the next fiscal year. Our aims are to bring inflation down to 7 per cent by next June. Well bring it down to 5 per cent by the next fiscal...