Bangladesh Bank

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    Futile efforts to paper over loan default cracks

    | Updated at 12:00am on March 11, 2019

    THE changes that the Bangladesh Bank plans to effect in the definition of loan default in relevant guidelines to arrest the growing amount of loans...

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    Bangladesh Bank to redefine loan default

    Shakhawat Hossain | Updated at 11:45pm on March 09, 2019

    The Bangladesh Bank has taken a move to bring about major changes in the definition of loan default to address the growing bad loan....

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    BB asks BSEC to ban BIFC share transfer by Mannan

    Mostafizur Rahman | Updated at 12:00am on March 07, 2019

    Bangladesh Bank has requested Bangladesh Securities and Exchange Commission to impose a ban on Bangladesh Industrial Finance Company founding chairman Major (retd) Abdul Mannan and...

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    Banks in Bangladesh to cut 15pc VAT on foreign e-purchase, payments for ads

    Staff Correspondent | Updated at 12:00am on March 05, 2019

    Bangladesh Bank on Sunday asked country’s all scheduled banks to deduct 15 per cent value-added tax on overseas payments made by their clients using any...

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    Bangladesh Bank to give Karmasangsthan Bank Tk 200cr in loan

    Staff Correspondent | Updated at 12:00am on February 21, 2019

    Cash-strapped Karmasangsthan Bank is going to get Tk 200 crore in assistance from Bangladesh Bank for strengthening its small loan distribution capacity to empower country’s unemployed...

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    Farashuddin report not published as CID probe on: minister

    Staff Correspondent | Updated at 12:19am on February 20, 2019

    Finance minister AHM Mustafa Kamal on Tuesday told parliament that the probe report on the Bangladesh Bank reserve heist was not made public to avert...

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    Moody’s doubts efficacy of BB’s revised write-off policy

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

    Global rating agency Moody’s has said that the revised loan write-off policy of Bangladesh Bank would not be able to reduce non-performing loans significantly due...

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    Ex-BB official lands in jail for embezzling money

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:36am on February 18, 2019

    A Dhaka court sentenced former assistant director of Bangladesh Bank SM Gias Uddin to 10 years in prison on Sunday for embezzling money.Judge Joynal Abedin...

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    3 more banks for scam-hit sector

    HM Murtuza | Updated at 11:35pm on February 17, 2019

    Bangladesh Bank on Sunday decided to approve three new banks, dominated by people linked to the ruling party, in the oversaturated financial sector which witnessed...

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    CID fails to submit report in three years

    Court Correspondent | Updated at 12:00am on February 11, 2019

    The Criminal Investigation Department has once again failed to submit the probe report on $81 million heisted reserve from the Bangladesh Banks accounts in the...