Md Mehedi Hasan

Investigation is my foremost interest

Md Mehedi Hasan, Bangladeshi investigative journalist covering financial crimes especially in banking industry. Currently, working at The Daily Star as senior staff reporter with more than eight years of experience in the field of journalism.

Currency swap pushes forex reserves above $20b

Bangladesh's foreign currency reserves have gone past the $20-billion mark after nearly a month thanks to the currency swap initiated by the central bank.

6d ago

A third of NBFIs running without MDs

Twelve non-bank financial institutions (NBFIs) in Bangladesh are running without a regular managing director or chief executive officer and a majority of them have had their top post vacant for more than three months in a clear breach of laws.

1w ago

Roadmap for banking reforms: Implementation is key

Although the roadmap drawn up to reform the banking industry of Bangladesh may seem attractive on the surface, there are questions regarding its efficacy in ensuring good governance in the scam-hit sector.

1w ago

Defaulted loans soar 20.7pc in 2023

The banking sector’s defaulted loans soared 20.7 percent to Tk 145,633 crore in 2023 as both governance and accountability continue to get looser.

2w ago

Bad loan ratio rises to 9% in 2023 

The default loan ratio in the banking sector of Bangladesh rose to 9 percent in 2023 from 8.16 percent a year ago

2w ago

Studying Abroad: Students struggle to open profiles for dollar crisis

For over a year now, thousands of Bangladeshi students wanting to study abroad have encountered obstacles while trying to open bank profiles essential for paying their fees or other expenses like housing and transportation

2w ago

Nine banks asked to tighten forex vigilance at Dhaka airport

The Bangladesh Bank yesterday instructed nine banks, including four state-run lenders, to transfer officials who have been in charge of their foreign exchange booths at the Hazrat Shahjalal International Airport for more than one year.

2w ago

Investors flock to risk-free treasury bills for higher returns

Government treasury bills, popularly known as T-bills, have become a lucrative tool to park funds for investors and savers driven by a record spike in yields in recent months.

3w ago
January 28, 2024
January 28, 2024

Funds get costlier as liquidity crisis drags on

Both the government and banks are facing a tight liquidity situation, which has pushed up the yield of treasury bills and bonds and the lending rate in the banking sector

January 25, 2024
January 25, 2024

Bangladesh plans more licences for digital banks in push to go cashless

BB plans to offer more permissions for digital banks in order to pave the way for full-fledged financial services based on a 100 percent branchless banking system

January 18, 2024
January 18, 2024

BB makes money costlier to tame inflation

The Bangladesh Bank yesterday announced an array of measures to bolster its fight against stubbornly high inflation, a major headache for the new government.

January 17, 2024
January 17, 2024

How the crawling peg for currency will work

The central bank has rolled out a plan to introduce an interim crawling peg system for the taka to regulate abrupt fluctuations of its value, paving the way towards a fully flexible regime in the future. 

January 17, 2024
January 17, 2024

BB to adopt crawling peg to curb exchange rate volatility

The peg system would be linked to a carefully selected basket of currencies and operate within a predefined exchange rate corridor

January 17, 2024
January 17, 2024

Private sector credit growth target lowered to 10% from 11%

Bangladesh Bank also raised the benchmark policy rate by 25 basis points to 8 percent

January 17, 2024
January 17, 2024

Policy rate hike looms again as previous attempts yield little success

To tame inflation, BB is likely to increase the policy rate further

January 14, 2024
January 14, 2024

BB to adopt crawling peg. Can it end exchange rate volatility?

BB's adoption of crawling peg as per IMF prescription will possibly rule out a market-driven exchange rate, as suggested

January 10, 2024
January 10, 2024

Inflation stays stubborn despite rate hikes. Can it be tamed?

Even rate hikes cant tame a raging inflation, so what is the solution ?

January 9, 2024
January 9, 2024

Non-bank loans turning sour hit record

Widespread irregularities and scams are reasons that defaulted loans at NBFIs account for 30 percent of disbursed loans

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