Bangladesh Bank (BB)
Gold in Bangladesh Bank vault is all right, says MA Mannan
State Minister for Finance and Planning MA Mannan today said the gold in the Bangladesh Bank vaults is "alright".
18 July 2018
Bank's shady foreign exchange dealings
The Bangladesh Bank (BB) has found that a state-owned bank is openly skirting rules when it comes to foreign exchange transactions. Several major business houses which have been allowed to open letters of credit (LC) and transfer funds abroad, have not submitted bills of entry, which is a proof of goods entering country.
17 July 2018
Nothing serious, just 'error in records'
Bangladesh Bank yesterday refuted the allegation that one of the gold bars kept in its highly secure vault by the customs department was adulterated.
17 July 2018
Gold scam in BB vault a sign of govt’s plundering: BNP
BNP Standing Committee Member Khandakar Mosharraf Hossain strongly condemns the government for the reported gold scam in the Bangladesh Bank’s vault saying it is another sign of plundering by the government.
17 July 2018
Mistrust over banking sector an ominous sign: BB governor
A slight mistrust has been created among the people over the country’s banking sector in recent time, which is an “ominous sign” for the banks, Bangladesh Bank Governor Fazle Kabir says.
14 July 2018
Legality of bitcoin in Bangladesh
Bitcoin is a cryptocurrency invented in 2009 by a software developer allegedly named Satoshi Nakamoto with a goal to create “a new electronic cash system” that was “completely decentralised with no server or central authority.
9 July 2018
BB asks all banks to ensure proper use of loans
The Bangladesh Bank asks all scheduled banks to strengthen monitoring of their disbursed loans with a view to ensuring the intended use of funds.
5 June 2018
Bangladesh Bank to release new notes from June 3
Bangladesh Bank (BB) is set to release new currency notes for Taka 10, 20, 50 and Taka 100 in the market ahead of Eid-ul-Fitr from June 3.
27 May 2018
3-wheelers to be taxed: NBR in pre-budget talks
CNG-driven auto-rickshaws and other engine or battery-driven three-wheelers will be brought under the tax scheme in the upcoming budget, National Board of Revenue (NBR) says.
19 April 2018
Online fund transfer to any bank from June
Fund transfer to any Bangladeshi bank account through online banking will become possible from June, in a development that promises to be a great timesaver for bank customers.
18 April 2018
Banks now to get cheaper BB funds
Bangladesh Bank has made funds cheaper for all banks by reducing its repo rate by 75 basis points to 6 percent.
3 April 2018
Bad loans soared 20pc in 2017
Banks' default loans surged 19.51 percent in 2017, as the Bangladesh Bank's efforts to rein in bad loans are going to vain.
15 March 2018
BB move to cheer up stocks as well
The central bank's move to extend the deadline for lowering the banks' loan-deposit ratio will give a boost to the stock market,
21 February 2018
BB to sue Rizal bank over heist
Bangladesh Bank has decided to sue the Rizal Commercial Banking Corporation of the Philippines for its role in the cyber heist of $81
7 February 2018
BB to sue Manila-based RCBC
Bangladesh Bank decides to sue the Manila-based Rizal Commercial Banking Corporation against its role in stealing $81 million from the BB's account at the New York Fed more than two years ago.
7 February 2018
BB cuts credit-deposit ratio by 1.5 percentage points
Bangladesh Bank slashes loan-deposit ratio by 1.5 percentage points to 83.5 percent in a bid to tighten bank’s capacity to lend.
30 January 2018
‘BB probing loss of $75 billion for trade misinvoicing’
State Minister for Finance and Planning M Abdul Mannan tells the parliament that the government has instructed the Bangladesh Bank to investigate into the allegation of losing $75 billion due to trade misinvoicing and other unrecorded outflows between 2005 and 2014.
3 May 2017
Bangladesh Bank raises SME loan ceiling
The Bangladesh central bank raises the ceiling of loan facilities to small and medium enterprises (SME), micro and cottage type industries to facilitate financing to help boost trade.
3 April 2017
Bangladesh unlikely to extend FireEye contract for heist probe
Bangladesh's central bank is unlikely to extend the contract of US cyber security firm FireEye to investigate the electronic theft of $81 million of its money, sources at the bank say, citing high costs as one of the factors.
22 June 2016
The Immediate Tasks at Hand
More than three months have passed since the Bangladesh Bank (BB) heist, and in the interim much water has flown down the Padma, Meghna,
16 May 2016