Bangladesh Bank (BB)
Bangladesh Bank hikes key interest rate by 50 basis points
Bangladesh Bank today raised its key interest rate, also known as the policy rate, by 50 basis points to 5.50 per cent, a move that would make funds costlier for banks.
Rawhide traders get more time to clear default loans
Bangladesh Bank has relaxed loan rescheduling rules for rawhide traders to ensure availability of sufficient funds during Eid-ul-Azha, which is celebrated through animal sacrifice.
Bangladesh Bank hikes key interest rate by 50 basis points
Bangladesh Bank today raised its key interest rate, also known as the policy rate, by 50 basis points to 5.50 per cent, a move that would make funds costlier for banks.
Commemorative Tk 100 note released marking Padma Bridge opening
Bangladesh Bank has released commemorative notes of Tk 100 on the occasion of the long-cherished Padma Bridge opening tomorrow (June 25, 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.
‘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.
Fire at Bangladesh Bank under control
A fire that broke out at Bangladesh Bank Bhaban in Motijheel this evening was doused.
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.
Bank vendors can't be those of high-ups: Bangladesh Bank
Bangladesh Bank today asked banks to refrain from procuring goods and services from firms in which directors and high officials of the lenders have ownership, be it direct or indirect.
Trade deficit shoots up 53pc in Jul-Apr
Bangladesh’s trade deficit shot up 53 per cent year-on-year to $27.5 billion in the July-April period of the current fiscal year as the surge in imports continued against lower export receipts, exceeding last year’s total shortfall.
Bangladesh Bank raises policy rate: Aims to contain inflation, stabilise forex market
The Bangladesh Bank yesterday raised its key interest rate for the first time in a decade and devalued the local currency for the seventh time this year against the dollar as part of its moves to tackle inflationary forces and restore stability in the foreign exchange market.