Bangladesh Bank
Bangladesh Bank urges cops not to harass bank employees during shutdown
The central bank today requested law enforcement agencies to not create any roadblocks for bank employees while going to and from their office during the ongoing shutdown declared by the government.
BB caves in to Beximco again
Beximco Ltd got its way, yet again. The central bank went out of its way to accept Beximco’s request for rescheduling demand loan of Tk 430.05 crore, and in so doing, created a moral hazard for the...
SC stays HC order on halting privilege for loan defaulters
The Supreme Court stays till July 8 the High Court orders that halted Bangladesh Bank’s circular allowing defaulters to reschedule their loans with a repayment period of up to 10 years and get...
BB steps in to ease Eid liquidity crunch
The central bank yesterday injected Tk 2,300 crore into the money market to ease liquidity crunch in the banking sector amid the cash withdrawal spree in the lead up to Eid.
New banks to join saturated market
Bangladesh Bank (BB) has given approval for three new banks to be floated at a time when the banking sector is both saturated and stressed due to nonperforming loans (NPLs) reaching dangerous levels.
Charity swindlers caught
Sacked customs official Helaluddin used to identify himself as a social worker.
BB Heist: First conviction, after 3 years
A court in the Philippines yesterday convicted a former branch manager at Manila-based Rizal Commercial Banking Corp (RCBC) of money laundering, in the first conviction over the Bangladesh Bank...
$101M BB Heist: Dhaka to claim damages from Fed by Jan 15
Bangladesh will sue the Federal Reserve Bank of New York over the money stolen during the 2016 cyber heist -- one of the biggest cyber crimes in the world -- Finance Minister AMA Muhith said...
Who is BB fooling?
Two things come easy in Bangladesh -- getting big bank loans and blissfully failing to repay. The money in the vaults seems to be the easiest prey today.
Scams, failures skipped, dev highlighted
The Bangladesh Bank has published a report on the banking sector development over the last 10 years ahead of the national elections,
BB approves Community Bank
The Bangladesh Bank yesterday gave its final nod to a commercial bank and asked three others to produce documents required to obtain licences.