14h ago| Business

Monetary policy to be declared tomorrow

The Bangladesh Bank will declare tomorrow its monetary policy statement (MPS) for fiscal 2022-23.

1d ago| Business

Taka depreciates, 1 USD now Tk 93.45

The exchange rate of the taka stood at Tk 93.45 per dollar on Tuesday in contrast to Tk 92.95 on Monday.

1d ago| Business

Non-banks’ top brass can remain directors of subsidiaries until Dec

The chairmen of non-bank financial institutions along with the heads of executive, audit and risk management committees who hold directorships of associated subsidiaries or foundations will be able to continue to serve in the latter positions until December this year.

1w ago| Business

‘Non-bank MDs must have 20 years’ experience’

The Bangladesh Bank today said the interested candidates for the post of managing directors of non-bank financial institutions (NBFIs) have to obtain at least 20 years of working experience at banks or NBFIs.

1w ago| Business

Inflation highest since 2014’s May

Inflation in Bangladesh rose to 7.42 per cent in May, the highest since 2014’s May.

1w ago| Business

Banks asked to serve flood-hit people through adjacent branches

The Bangladesh Bank today asked banks to provide banking services to the flood-hit people through branches adjacent to the areas that are still unaffected.

June 29, 2022
June 29, 2022

Monetary policy to be declared tomorrow

The Bangladesh Bank will declare tomorrow its monetary policy statement (MPS) for fiscal 2022-23.

June 28, 2022
June 28, 2022

Taka depreciates, 1 USD now Tk 93.45

The exchange rate of the taka stood at Tk 93.45 per dollar on Tuesday in contrast to Tk 92.95 on Monday.

June 28, 2022
June 28, 2022

Non-banks’ top brass can remain directors of subsidiaries until Dec

The chairmen of non-bank financial institutions along with the heads of executive, audit and risk management committees who hold directorships of associated subsidiaries or foundations will be able to continue to serve in the latter positions until December this year.

June 28, 2022
June 28, 2022

Flexible loan repayment facility for non-banks’ borrowers up to Dec

The borrowers of non-bank financial institutions will enjoy a flexible loan repayment facility up to December this year.

June 27, 2022
June 27, 2022

Non-banks asked to form complaint cells at headquarters, branches

The Bangladesh Bank today asked non-bank financial institutions to form ‘complaint cell’ at their head offices and branches to resolve the complaints of clients.

June 27, 2022
June 27, 2022

‘Bangladesh Bank should go for flexible rates for exchange, interest’

He came up with the remark while delivering speech at the “First MAM Kazemi Memorial Lecture on Monetary Policy” held in Bangladesh Institute of Bank Management.

June 27, 2022
June 27, 2022

Bangladesh Bank updates environmental, social risk management guideline

The Bangladesh Bank yesterday published the updated version of its guideline on environmental and social risk management (ESRM) for banks and financial institutions to help the country attain development goals and address the sustainability agenda in the financial sector.

June 23, 2022
June 23, 2022

Uttara Finance’s MD removed for financial scam

The Bangladesh Bank today removed SM Shamsul Arefin from the post of managing director of Uttara Finance and Investments Ltd (UFIL) for his alleged involvement in financial irregularities.

June 22, 2022
June 22, 2022

Tk 1,26,369 crore loans defaulted as of March this year: Finance Minister

Finance Minister AHM Mustafa Kamal today told the parliament that as of March this year, the amount of defaulted loans in the country was Tk 126,369 crore.

June 22, 2022
June 22, 2022

Banks asked to give priority services to freedom fighters, old, widows, differently-abled

Bangladesh Bank today instructed banks to take special measures to provide priority banking services to valiant freedom fighters, old, widows and differently-abled customers.