Inspect NRB Commercial Bank, court asks BB

The High Court asked Bangladesh Bank to carry out an inspection of NRB Commercial Bank after allegations of irregularities were
11 September 2016, 18:00 PM

Islami Bank recasts itself to stay on as leader

Islami Bank has put itself in good stead for future after it restructured its board with a dozen of new faces with experience and
11 September 2016, 18:00 PM

Mobile money transactions fall 24pc in July

Daily transactions via mobile phone declined 23.81 percent to Tk 587.99 crore on average in July from the previous month.
10 September 2016, 18:00 PM

Rush for cash, but call money market calm

The call money market, which usually gets volatile during the Eid festivals due to cash withdrawal pressure, has remained calm this year, indicating lenders have adequate liquidity.
8 September 2016, 18:00 PM

BB moves to fix land tussle of People's Leasing

The central bank yesterday hosted a tripartite meeting to resolve the land tussle of scam-hit People's Leasing and Financial Services or PLFS, a non-bank financial institution.
29 August 2016, 18:00 PM

ATM hackers steal Bt12m in Thailand

Thailand has suffered its first ATM (automatic teller machine) hack, which affected 21 cash machines in Bangkok and other provinces resulting in stolen cash totalling more than Bt12 million, while another 200 ATMs are suspected of having been infected with computer viruses.
24 August 2016, 06:24 AM

New chairman of NRB Global Bank

Nizam Chowdhury has recently been elected as the chairman of NRB Global Bank.
23 August 2016, 18:00 PM

Bangladesh officials to meet Fed, US investigators over heist: sources

A team from Bangladesh will meet officials of the Federal Reserve Bank of New York, the Federal Bureau of Investigation and the US Department of Justice in New York in connection with the cyber theft of $81 million from the South Asian country's central bank in February, sources say.
15 August 2016, 08:54 AM

BB stands to retrieve $15m for now

The Philippines Department of Justice will appeal to a court by August 30 as part of its effort to return $15 million of Bangladesh Bank's
14 August 2016, 18:00 PM

BB sets foreign currency rules for economic zones

Bangladesh Bank yesterday issued a new notice on foreign exchange regulations for enterprises and developers in planned economic zones as the government seeks to attract more investors.
10 August 2016, 18:00 PM

WB to give $120m to upgrade connectivity

The World Bank will provide $120 million to Bangladesh to develop infrastructure in the bordering areas, which will upgrade regional
9 August 2016, 18:00 PM

Mahia Juned, first female DMD of City Bank

Mahia Juned has recently been promoted to the deputy managing director (DMD) of City Bank.
2 August 2016, 18:00 PM

BB officials visit Manila to seek recovery of bank heist money

Officials from the Bangladesh central bank are visiting Manila this week to pressure the authorities in the Philippines to find ways to
2 August 2016, 18:00 PM

Banks' costs mounting

Most of the banks' cost-to-income ratio, which is used to measure efficiency and productivity, accelerated in 2015 from a year earlier.
2 August 2016, 18:00 PM

BB to set higher credit growth target

Bangladesh Bank may set the private sector credit growth target at 16.5 percent in the monetary policy for the first half of the fiscal year, in keeping with the present momentum.
25 July 2016, 18:00 PM

Bank hacks raise fears for financial sector

A series of spectacular cyber attacks against banks, resulting in the theft of tens of millions of dollars, has heightened fears for an
24 July 2016, 18:00 PM

Graft money used in militancy, says ACC chairman

Fund raised through corruption is used in militancy, Anti-Corruption Commission (ACC) Chairman Iqbal Mahmud says.
24 July 2016, 07:27 AM

Salman F Rahman reelected as IFIC Bank chairman

Salman F Rahman has recently been reelected as the chairman of IFIC Bank.
20 July 2016, 18:00 PM

Janata struggling with restructured large loans

State-owned Janata Bank is struggling to recover the large loans it restructured under a Bangladesh Bank special policy last year.
19 July 2016, 18:00 PM

IMF backs reforms in Philippines after Bangladesh Bank heist

The International Monetary Fund said the unauthorised transfer of $81 million from Bangladesh Bank to entities in the Philippines
17 July 2016, 18:00 PM