Bangladesh Bank (BB)

Bangabandhu’s Birth Centenary: BB to release new banknote of Taka 200

The central bank will release new banknotes of Tk 200 denomination in March next year on the occasion of birth century of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.
15 December 2019

Bring bank loan interest rate to single digit: Minister

Commerce Minister Tipu Munshi has pressed the need to bring down bank loan interest rate to single digit in order to boost businesses.
5 December 2019

Loan defaulter gets remittance award of BB

Bangladesh Bank has handed over the remittance award to loan defaulter and money launderer Shahjahan Bablu without scrutinising his background.
8 October 2019

Reforms to fall flat if defaulters spared

Any reforms in the banking sector will not be effective if those are made sparing loan defaulters, says Khondkar Ibrahim Khaled, former deputy governor of Bangladesh Bank.
25 September 2019

'Discarded' Bangladesh Bank notes surface in Bogura waterbody

Local people in Bogura's Shahjanpur upazila discover huge amounts of "discarded'' notes of Bangladesh Bank in a waterbody. They first noticed it after the notes started to wash up on the banks of the waterbody in Chandai village on Sunday.
24 September 2019

Wealth of Shamim, Family Members: BB asks banks to freeze accounts

Bangladesh Financial Intelligence Unit (BFIU) has ordered all banks to freeze accounts of SM Golam Kibria Shamim, his wife and mother, and of now-expelled Jubo League leader Khaled Mahmud Bhuiyan.
23 September 2019

TIB urges BB not to allow Beximco for rescheduling loan

The Transparency International Bangladesh (TIB) has called upon Bangladesh Bank to refrain from a self-defeating move that would grant a top-ranking defaulter for rescheduling Tk 430cr loan.
13 September 2019

BB to give banks euro loans from reserves

Bangladesh Bank is set to give loans to local banks’ offshore banking units (OBU) to offset the negative returns that it now gets for its liquid euro assets -- a move that can be viewed as making the best out of a bad situation.
11 September 2019

BB warns against unauthorised note in social media

Bangladesh Bank has urged the social media users to refrain from using pictures of any unauthorised note in Facebook or other social media.
3 September 2019

Rescheduling deadline for loan defaulters extended

The central bank extends rescheduling deadline for the loan defaulters until October 20.
3 September 2019

Banks to serve till Aug 11 near cattle markets

Bangladesh Bank issues a circular asking banks to keep their branched near cattle markets open till August 11.
7 August 2019

BB unveils monetary policy with a word of caution

The Bangladesh Bank has announced the Monetary Policy Statement for the FY20 cautioning on a couple of near-term domestic risk factors that may hamper attainment of the monetary program objectives.
31 July 2019

Reschedule of loans: HC questions legality of BB circular

The High Court questions the legality of a Bangladesh Bank circular allowing defaulters to reschedule their loan with a repayment period of up to ten years.
23 July 2019

Three banks hit by cyberattacks

At least three local private banks suffered major cyberattacks last month, raising concern about the robustness of their security systems against a growing threat of scammers.
21 June 2019

Bad loans soar

Defaulted loans soared to Tk 110,874 crore as of March this year, the highest ever in the country.
10 June 2019

Remittance hits record in May

The month of May saw a record amount of remittance flow for a single month as expatriate Bangladeshis sent $1.75 billion to ensure
3 June 2019

Mobile banking transaction limit increased

Bangladesh Bank enhances the transaction ceiling for mobile financial service following requests from the leading players aiming to promote expansion of the services.
19 May 2019

HC wants list of loan defaulters by June 24

The High Court orders Bangladesh Bank authorities to submit a list of borrowers with more than Tk 1 crore in default loans by June 24.
16 May 2019

Bank transaction hours 9:30am to 2:30pm in Ramadan

Banking hours during Ramadan will be from 9:30am to 4:00pm, Bangladesh Bank has said.
5 May 2019

Bailout for big loan defaulters

Bangladesh Bank and a government committee have come up with a generous scheme to allow easy rescheduling of defaulted loans, which experts say will hurt the banking sector and the economy at large.
17 March 2019