Bangladesh Bank

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    PM for borrowing from BB forex reserve

    Staff Correspondent | Updated at 12:22am on July 07, 2020

    Prime minister Sheikh Hasina on Monday asked whether the government could take loan from the foreign currency reserve in the Bangladesh Bank for development projects...

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    ONE Bank chair relieved

    Staff Correspondent | Updated at 11:30pm on July 06, 2020

    Bangladesh Bank has relieved ONE Bank chairman Sayeed Hossain Chowdhury of bank directorship. BB officials said that an order was issued on Sunday cancelling the...

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    Banks’ agent banking deposits grow 13.5pc in 3 months

    Staff Correspondent | Updated at 11:23pm on July 06, 2020

    Agent banking activities have started to pay dividends for banks which collected Tk 1,017.88 crore in deposits through the channel in the first three months...

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    Bangladesh Bank removes Mercantile Bank vice-chair Feroz

    Staff Correspondent | Updated at 01:03am on July 06, 2020

    The Bangladesh Bank on Sunday turned down a proposal for reappointment of Mercantile Bank vice-chairman ASM Feroz Alam as director of the bank. As a...

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    Tanners to get loan rescheduling facility on easy terms ahead of Eid

    Staff Correspondent | Updated at 11:32pm on July 05, 2020

    The Bangladesh Bank on Sunday introduced a loan rescheduling policy with easy terms for tannery owners ahead of Eid-ul-Azha, the second largest religious festival of...

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    Financing from IPFF-II made cost-efficient for borrowers

    Staff Correspondent | Updated at 11:14pm on July 05, 2020

    The Bangladesh Bank on Sunday relaxed the applicable interest rate provisions for financing under the Investment Promotion and Financing Facility II in an attempt to...

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    Bangladesh Bank bans ex-NRBC chair Farasath for 2yrs

    Staff Correspondent | Updated at 11:56am on July 05, 2020

    Bangladesh Bank banned former NRB Commercial Bank chairman Farasath Ali for two years for conducting gross irregularities during 2013-2016 and for providing fabricated information to...

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    No governor at BB as Fazle’s tenure expires

    Staff Correspondent | Updated at 11:28pm on July 03, 2020

    The contractual appointment of Bangladesh Bank governor Fazle Kabir expired on Friday as he became 65 years old on the day. According to the Bangladesh...

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    Deputy governors asked to run governor office

    Staff Correspondent | Updated at 01:56am on July 03, 2020

    The financial institutions division on Thursday asked Bangladesh Bank deputy governors SM Moniruzzaman and Ahmed Jamal to run the governor’s office for an interim period...

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    BB allows exports under open account credit terms with guarantee

    Staff Correspondent | Updated at 10:45pm on July 01, 2020

    The Bangladesh Bank has allowed exports on sales contracts under open account credit terms with external payment guarantee. On Tuesday, the central bank issued a...