Finance Minister AMA Muhith yesterday said he would take action against Bangladesh Bank for keeping him in the dark for more than a month about the theft of $101 million from the BB account with the New York Federal Reserve Bank. The central bank came to know about the incident two days after cyber thieves stole the money from the BB account on February 4 midnight when all the BB staff went on the two-day weekly holiday, according to BB officials.

To stop any further hacking of its network, Bangladesh Bank is installing monitoring software on all its computers that would instantly

Bangladesh Bank has identified the people involved in the hacking of around $100 million (Tk 780 crore) from its foreign currency account with the Federal Reserve Bank of New York, claim BB officials. Almost the entire amount was transferred online to the Philippines banking system and a small portion of it to Sri Lanka by suspected Chinese hackers on February 5, they said.

Bangladesh Bank official Golam Rabby, who was subjected to police torture for bribe, has rejected the report submitted to the Supreme Court over the incident. “I did not do anything, they grabbed me by my collar from the behind,” he tells The Daily Star hours after the report is filed to the apex court.

The Bangladesh Bank has made Muhiuddin Khan Alamgir very unhappy and he is not taking it sitting down.

A sub-inspector of Mohammadpur Police Station has been closed for allegedly torturing a Bangladesh Bank official and threatening to implicate him in a lawsuit if he fails to pay a Tk 5 lakh bribe.

Banks' overall capital base went up 6.58 percent in the third quarter of 2015 from three months earlier as the asset quality of private

New Bangladeshi citizens from the former enclaves will get farm loans and CSR budgets from the scheduled banks operating in the country.

Bangladesh Bank awards 31 non-resident Bangladeshis for sending the highest amount of remittances last year to encourage the expatriates to send money home through legal channels.

Bangladesh Bank (BB) Governor Dr Atiur Rahman asks the commercial banks to take the highest cautionary measures so that no one can use the banking channel for financing terrorism both at home and aboard

THE recent circular issued by the Bangladesh Bank (BB) on loan restructuring does not seem to be equitable because it is giving a special facility only to a certain group of people.