BB

BB lifts 100pc margin requirement for LC opening at 6 banks

Bangladesh Bank has removed the 100 percent margin requirement for opening letters of credit, or LCs, in five Shariah-based banks ...

BB starts printing new notes with graffiti of July uprising

Bangladesh Bank (BB) is printing new notes changing the existing design with the inclusion of features of July uprising.According to ...

BB prints new notes with July uprising graffitis

Observer Online Desk

Bangladesh Bank (BB) is printing new notes changing the existing design with the inclusion of features of July uprising.According to ...

Govt aims to bring down inflation to 4-5pc by FY2025-26: BB governor

Business Correspondent

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur said the government has planned to bring down inflation to 4-5 per ...

BB approves Tk 3,000cr low-interest loan for ICB

The Investment Corporation of Bangladesh (ICB) has received approval from Bangladesh Bank (BB) for a Tk 3,000 crore loan at ...

BB issues new guidelines for financing small businesses

Business Correspondent

Bangladesh Bank has issued new guidelines to encourage lending by banks and non-bank financial institutions to small and medium-sized enterprises ...

BD's Rikta on BBC's 100 women list

Bangladeshi nurse Rikta Akter Banu has been included in the list of 100 inspiring and influential women from around the ...

BB governor reiterates commitment to foster investment by approving credible proposals

Business Correspondent

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur reiterated the central bank's commitment to foster investment by approving credible proposals ...

Rishad unavailable for BBL T20 in Australia

Bangladesh leg-spinner Rishad Hossain was unavailable for the upcoming Big Bash League (BBL), a domestic T20 tournament of Australia, which ...

Default loans will double in six months, BB governor warns

Bangladesh Bank Governor Ahsan H Mansur has warned that default loans in the banking sector could surge nearly two times ...

BB increases credit card interest rate to 25pc from Jan'25

Business Correspondent

Bangladesh Bank (BB) has announced an increase in the interest rate on credit cards, setting a new cap of 25 ...

BB Deputy Governor Nurun Nahar removed from 2 key depts

Observer Online Report

Nurun Nahar, Deputy Governor of the Bangladesh Bank, has been removed from two key departments of the bank.The Human Resources ...

BB introduces longer-term bills to fight inflation

Business Correspondent

The Bangladesh Bank (BB) has decided to introduce two more bills which would have tenures much longer than those of ...

No decision on alternative aid for weak banks: BB

The Bangladesh Bank has not made a definitive decision on providing struggling banks with liquidity support through alternative measures beyond ...

BB asks banks to rebuild image

Business Correspondent

Bangladesh Bank on Monday asked banks to find a way to rebuild the image of the country's banking sector in ...

CBBSH opens diabetic retinopathy screening and treatment unit

Staff Correspondent

Cox's Bazar Baitush Sharaf Hospital (CBBSH), the only specialised eye hospital in Cox's Bazar district, has opened a new unit ...

Moody's downgrade doesn't reflect economic progress since July upsurge: BB

Bangladesh Bank (BB) has discounted the Moody's recent downgrade of Bangladesh's sovereign credit rating, arguing it does not accurately reflect ...

Dhaka Regency welcomes winter with BBQ Fiesta

Life & Style Desk

As November arrives, the heat of summer seems like a memory, making way for the cool embrace of winter. Prepare ...

Sanctioning Tk 3,300cr loans: ACC seeks info of 17 BB officials

Observer Online Report

The Anti-Corruption Commission (ACC) has sent a letter to the Bangladesh Bank Governor seeking personal and loan related information of ...

BB issues guidelines for JV business in Bangladesh

Shamsul Huda

Bangladesh Bank (BB) has issued new guidelines on Wednesday aimed at regulating the operations of Joint Ventures, Consortiums, and Associations ...

BB raises US dollar purchase limit for money changers

Business Correspondent

The Bangladesh Bank (BB) has raised the US dollar purchase limit for Bangladeshi citizens travelling abroad, allowing money changers to ...

BB raises foreign currency limit for traveling abroad

Observer Online Desk

The Foreign Exchange Policy Department (FEPD) of Bangladesh Bank has issued three new directives concerning foreign currency exchanges for private ...

S Alam says S'pore citizenship a shield against BB intimidation: FT

LONDON, Nov 19: One of Bangladesh's biggest businessmen has claimed an international investment pact and his status as a Singaporean ...

Firms like S Alam, Beximco won't be closed, but frauds be punished: BB Governor

Business Correspondent

Bangladesh Bank (BB) Governor Dr. Ahsan H Mansur said closing down any organization including S Alam Group is not Bangladesh ...

Banks to stay closed for 27 public holidays in 2025: BB

Banks will be closed for 27 days in 2025 on the occasion of different public holidays. But out of these ...

BB won't close any companies like S Alam Group, Beximco: Governor

Observer Online Report

The Bangladesh Bank (BB) is taking action against individuals, not companies like S Alam Group and Beximco, as these companies ...

S Alam debt fraudulence: 13 BB officials summoned

Observer Online Report

The Anti-Corruption Commission (ACC) has summoned 13 top officials of Bangladesh Bank (BB) in investigation into the allegations of laundering ...

Classified loans soar to Tk 2.85 trillion: BB

The total classified loans in Bangladesh have surged to a staggering Tk 2.85 trillion, representing nearly 17% of the total ...

Paid people positioned in BB to favour specific groups: Debapriya

Distinguished Fellow of the Centre for Policy Dialogue (CPD) Dr Debapriya Bhattacharya has alleged that people with vested interests had ...

Netanyahu chose ICC over GCC, and is likely to get what he wished for

FAISAL J. ABBAS

As President-elect Donald Trump prepares to enter the White House, pivotal moments in the past few weeks make it abundantly ...