The Bangladesh Bank (BB) has asked administrators of five merged banks to submit their exit plans as the newly appointed chairman and managing director of Sammilito Islami Bank assumed office.

The Bangladesh Bank (BB) has introduced rules for banks to facilitate import into free trade zones (FTZs), aiming to support trade flows by allowing manufacturers to import raw materials and other items and store them for up to 60 months.

The reserves have recovered from a low of $16.77 billion in July 2024, the Bangladesh Bank (BB) said today

The Bangladesh Bank (BB) has lowered its private sector credit growth target to 6.8 percent by the end of December this year, against the backdrop of sluggish demand

He also said that legal action would be taken against the S Alam Group chairman and other officials for their alleged crimes in the banking sector

Bangladesh has intensified its efforts to sign bilateral deals with different countries with the view to recovering funds illegally taken abroad, said Bangladesh Bank Governor Ahsan H Mansur.

The meetings will take place in between October 21 and October 26 

BB is not blocking or interfering with the accounts of any businesses, regardless of their political affiliations, said BB Governor Ahsan H Mansur

Exporters will face higher costs when getting loans from the Export Development Fund (EDF), as a new interest rate calculation method has been introduced for loans in US dollars

Deputy Governor Kazi Sayedur Rahman resigns, while others are on the way out

Nine banks, including four state-run ones, were in the “red zone”, meaning their financial health was fragile,

he Bangladesh Bank yesterday increased the all-in-cost ceiling for short-term trade finance in foreign currencies to 4 percent

The interest rate on bank loans in Bangladesh has gone past 12 percent as the reference rate has seen an increase, central bank data showed

BB yesterday barred banks from transferring foreign currency to their offshore units

One key factor hampering the effectiveness of BB's policies is the delay in decision-making and significant transmission lags.

The Bangladesh Bank has decided to implement a market-based interest rate from July, moving away from the 9 per cent interest rate cap on loans, an initiative that may help the central bank uses its policy rates effectively in its fight against higher inflation.   

Why is the amount of default loans increasing day by day?

The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.

Had the Bangladesh Bank played the role of a guardian and properly inspected commercial banks, the scams would not have taken place in the banking sector, Anti-Corruption Commission Chairman Iqbal Mahmood said.

It looked like any other email job-seekers send. The sender Rasel Ahlam attached a cover letter and a resume apparently hoping for a call for a personal interview.