Bangladesh Bank

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    Government faces Tk 500cr in non-tax revenue losses

    Shakhawat Hossain | Updated at 10:21pm on April 08, 2020

    The government is at risk of losing non-tax revenue worth Tk 500 crore as it has announced easing interest on export-oriented import facilities affecting the earnings...

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    Bangladesh Bank increases EDF size to $5b, sets interest rate at 2pc

    Staff Correspondent | Updated at 09:46pm on April 07, 2020

    The Bangladesh Bank on Tuesday slashed the interest rate on loans from the export development fund (EDF) to 2 per cent as part of the...

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    MCCI, BEF seek transparent execution mechanism

    Staff Correspondent | Updated at 09:20pm on April 06, 2020

    The Metropolitan Chamber of Commerce and Industry and The Bangladesh Employers Federation urged policymakers to create a transparent mechanism free of red-tape with specific action...

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    Bangladesh Bank may further ease policy rates to ensure liquidity supply

    HM Murtuza | Updated at 09:14pm on April 06, 2020

    The Bangladesh Bank is likely to relax further the policy rates with a view to ensuring the availability of adequate cash in the banking system...

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    Banks asked to ensure NSC encashment, interest payment

    Staff Correspondent | Updated at 10:53pm on April 05, 2020

    The Bangladesh Bank on Sunday asked all scheduled banks to facilitate the encashment of national savings certificates and the payment of coupon value of such...

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    Trust Bank, Axiata get MFS licence

    HM Murtuza | Updated at 10:49pm on April 05, 2020

    Trust Bank and Malaysian telecommunications conglomerate Axiata Group Berhad have secured the initial approval from the Bangladesh Bank to run a mobile financial service. Trust...

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    Bangladesh Bank sets 5pc LC margin limit for baby food import

    Staff Correspondent | Updated at 11:38pm on April 04, 2020

    The Bangladesh Bank on Saturday instructed commercial banks to allow opening of letters of credit with a maximum of 5 per cent margin for baby...

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    No fine on credit card bill default till May: BB

    Staff Correspondent | Updated at 11:37pm on April 04, 2020

    The Bangladesh Bank has asked the banks not to impose any late fees, interests and penalties for the delay in credit card bill payment till...

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    Bangladesh Bank issues procedure

    Staff Correspondent | Updated at 01:40am on April 03, 2020

    The Bangladesh Bank on Thursday released the modus operandi for using the loan from the Tk 5,000-crore stimulus package, saying that eligible export-oriented factories could...

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    Bank transaction hours during shutdown extended

    Staff Correspondent | Updated at 10:19pm on April 02, 2020

    The Bangladesh Bank on Thursday extended the bank transaction hours to three hours during the government-announced general holidays. Previously, the country’s banks offered services for...