Bangladesh Bank

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    Moosa wants to bring €20b in Bangladesh

    HM Murtuza | Updated at 12:25am on May 21, 2019

    Private business firm DATCO chairman Moosa Bin Shamsher, who grabbed the headlines time and gain claiming to be a multi-billionaire, has applied for permission to...

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    FID wants BB to issue relaxed guidelines

    Shakahwat Hossain | Updated at 12:18am on April 28, 2019

    The financial institutions division has sought finance minister’s decision on whether it or the Bangladesh Bank would issue the relaxed new guidelines on the restructuring...

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    Bangladesh Bank may offer bailout to ailing NBFIs

    HM Murtuza | Updated at 12:00am on April 28, 2019

    Bangladesh Bank is likely to formulate a bailout plan for up to eight non-bank financial institutions which have no capacity to return clients’ money.The central...

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    BB gives banks big breaks over defaulted loans

    HM Murtuza | Updated at 12:00am on April 23, 2019

    Bangladesh Bank has relaxed rules regarding defaulted loan classification by extending the time for treating overdue loans as doubtful and bad, giving further breaks to...

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    None to be allowed to take money abroad to open subsidiary co: BB

    Staff Correspondent | Updated at 12:00am on April 19, 2019

    The Bangladesh Bank on Thursday clarified that no local entity will be allowed to take foreign currency aboard to set up subsidiary company.The central bank...

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    CID must submit report early, govt must make reports public

    | Updated at 12:00am on April 19, 2019

    THE Criminal Investigation Department which was investigating the theft of $101 million from the Bangladesh Bank’s account with the Federal Reserve Bank of New York...

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    Proposed bailout package for loan defaulters to hit banking sector: Khaled

    Shakhwat Hossain | Updated at 12:00am on April 13, 2019

    Former Bangladesh Bank deputy governor Khondkar Ibrahim Khaled, in an interview with Shakhwat Hossain of New Age on Wednesday, expressed his concern over the possible...

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    Bangladesh trade deficit falls by 8.4pc in July-Feb

    Staff Correspondent | Updated at 12:00am on April 09, 2019

    The country’s trade deficit eased by 8.42 per cent or $0.98 billion in July-February of the current 2018-2019 fiscal year compared with that in the...

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    Liquidity shortage hits banks’ farm loan disbursement

    Staff Correspondent | Updated at 02:03am on April 01, 2019

    Farm loan disbursement dropped by 2.81 per cent or Tk 406.86 crore in the July-February period of the current fiscal year due mainly to liquidity crisis...

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    50m euro loan fund at BB for RMG sector

    Staff Correspondent | Updated at 01:57am on April 01, 2019

    The government, in support with Agence Francaise de Developpement of France, has constituted a loan fund in Bangladesh Bank worth 50 million euro to support...