Saturday | 5 October 2024 | Reg No- 06
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Saturday | 5 October 2024 | Epaper
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Shamsul Huda
BB facilitates first tranche of Tk 9.5bliquidity support to weak banksBangladesh Bank (BB) on Wednesday facilitated the transfer of Tk9.5 billion in liquidity support to several weak banks. Under the central ...
IMF assists BB task force to address financial vulnerabilities The International Monetary Fund (IMF), in collaboration with other development partners - the World Bank, Asian Development Bank (ADB), USAID, ...
Mizanur Rahman
BB reshuffles Al-Arafah Bank's board to counter S Alam Group's influenceBangladesh Bank reconstituted the board of Al-Arafah Islami Bank on 3rd September to eliminate the influence of the S. Alam ...
Business Correspondent
BIAC underscores BB advice to recover bad debts thru ADRBangladesh International Arbitration Centre (BIAC) in a roundtable discussion underscored a recent advice of the Bangladesh Bank (BB) issued to ...
Business Desk
Union Bank inks liquidity support agreement with BB Shariah-based Union Bank PLC, under the leadership of its newly established Board of the Directors, has recently signed a Liquidity ...
AL's liberal loan rescheduling policy heightened risk: BBBangladesh Bank (BB) has said in a report that the bank loans at risk have increased rapidly due to the ...
Business Correspondent
BB hikes refinancing fund for marginal groups to Tk 7.5 bnBangladesh Bank (BB) has increased the fund for its Refinancing Scheme for Marginal/Landless Farmers, Low-Income Professionals, School Banking Account Holders, ...
Special Correspondent, New York
BD deposits instruments of ratification under BBNJ to UNBangladesh has deposited instrument of ratification for the Agreement under the United Nations Convention on the Law of the Sea ...
Business Correspondent
BB Governor asks NBFIs to file concrete reform plansBangladesh Bank Governor Ahsan H Mansur on Wednesday urged the top brass of non-bank financial institutions (NBFIs) to submit reform ...
Business Correspondent
BB asks authorized dealers to ensure ACU payment mechanismBangladesh Bank, BB on Wednesday has issued a directive to all Authorized Dealers (ADs) in foreign exchange, urging them to ...
Business Correspondent
BB prohibits virtual board meetings for financial institutionsBangladesh Bank has instructed non-banking financial institutions to cease holding board and subsidiary committee meetings virtually, emphasizing physical presence to ...
Business Correspondent
Money will be made further costlier to tame inflation: BB GovernorThe Bangladesh Bank governor Ahsan H Mansur said money will be made costlier again to tame inflation by increasing the ...
Observer Online Desk
BB will not print any fresh money to solve financial crisis: GovernorBangladesh Bank (BB) Governor Dr Ahsan H Mansur Tuesday said the central bank will not print any fresh money to ...
Nagad board will run independently: BBThe current management of the mobile financial services provider Nagad will be able to run the institution independently according to ...
5 weak banks seal liquidity support deal with BBAs many as five banks hamstrung by a severe liquidity crunch have struck an agreement with the Bangladesh Bank to ...
Observer Online Desk
BB to hike policy rate twice within next monthBangladesh Bank (BB) Governor Dr Ahsan H Mansur on Monday informed that the central bank will increase policy rate twice ...
Business Correspondent
BB starts Customer Awareness Week in Cox's Bazar Customer Awareness Week-2024 of Bangladesh Bank has started in the Chattagram Division aiming to enhance banking awareness among customers.Md. Nurul ...
Dr Fahmida appointed to BB BoardThe Ministry of Finance has appointed Dr Fahmida Khatun, Executive Director of the Centre for Policy Dialogue (CPD), as a ...
BB asks bank directors to attend board meetings physicallyBangladesh Bank (BB) has mandated that directors of all banks must now attend board meetings in person, officially ending the ...
Business Correspondent
Bank owners urge BB to reform overregulation, address liquidity crisisBank owners on Wednesday requested Bangladesh Bank (BB) to reform its regulations and address the severe liquidity crisis affecting several ...
Business Desk
Berger Paints signs deal with French firm ABB CellierBerger Paints Bangladesh Ltd has joined forces with ABB Cellier, France for establishing world class automated production facility at its ...
LC overdue payments will be settled in 5 to 6 months: BBBangladesh Bank has decided that overdue payments for letters of credit, or LC, will be settled within the next five ...
BB appoints new management board at NagadBangladesh Bank has appointed a five-strong management board at the mobile financial services provider Nagad.The board, led by KAS Murshid, ...
Staff Correspondent
Why not appointment of Nagad administrator illegal, HC asks BB The High Court (HC) on Tuesday asked the authorities concerned to explain why the Bangladesh Bank's decision to appoint an ...
Observer Online Desk
Forex reserves cross $24b: BBBangladesh's foreign exchange reserves have crossed $24 billion. "According to the latest data, foreign exchange reserves amount to $24.3 billion. It ...
Jibon Islam
Govt debt to BB falls by Tk 18,250cr in 2 monthsInstead of borrowing from the Bangladesh Bank (BB), the government is paying off its previous debts. As a result, the ...
Shikha new BB spokespersonBangladesh Bank Executive Director Husne Ara Shikha has been appointed as the central bank's spokesperson.The central bank announced the decision ...
Diplomatic Correspondent
Switzerland assures co-op in repatriating illegal assets of BB nationalsSwitzerland has pledged to fully cooperate in repatriating illegal money deposited by Bangladeshi nationals in Swiss banks, in accordance with ...
Business Correspondent
Three banks seek Tk 6,800cr liquidity support from BBNational Bank Limited, Islami Bank Bangladesh and Social Islami Bank have sought guarantee Tk 6,800 crore liquidity support through the ...
Business Correspondent
BB forms six-member taskforce to revive banking sectorA six-member taskforce has been formed by the Bangladesh Bank on Wednesday to revitalize the country's banking sector. The taskforce will ...
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