Bangladesh Bank (BB)

BB to release new banknote of Taka 200

The central bank will release new banknotes of Tk 200 denomination in March next year on the occasion of birth century of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.
Bring bank loan interest rate to single digit: Minister

Commerce Minister Tipu Munshi has pressed the need to bring down bank loan interest rate to single digit in order to boost businesses.
Loan defaulter gets remittance award of BB

Bangladesh Bank has handed over the remittance award to loan defaulter and money launderer Shahjahan Bablu without scrutinising his background.
Reforms to fall flat if defaulters spared

Any reforms in the banking sector will not be effective if those are made sparing loan defaulters, says Khondkar Ibrahim Khaled, former deputy governor of Bangladesh Bank.
'Discarded' Bangladesh Bank notes surface in Bogura waterbody

Local people in Bogura's Shahjanpur upazila discover huge amounts of "discarded'' notes of Bangladesh Bank in a waterbody. They first noticed it after the notes started to wash up on the banks of the waterbody in Chandai village on Sunday.
Wealth of Shamim, Family Members: BB asks banks to freeze accounts

Bangladesh Financial Intelligence Unit (BFIU) has ordered all banks to freeze accounts of SM Golam Kibria Shamim, his wife and mother, and of now-expelled Jubo League leader Khaled Mahmud Bhuiyan.
TIB urges BB not to allow Beximco for rescheduling loan

The Transparency International Bangladesh (TIB) has called upon Bangladesh Bank to refrain from a self-defeating move that would grant a top-ranking defaulter for rescheduling Tk 430cr loan.
BB to give banks euro loans from reserves

Bangladesh Bank is set to give loans to local banks’ offshore banking units (OBU) to offset the negative returns that it now gets for its liquid euro assets -- a move that can be viewed as making the best out of a bad situation.
BB warns against unauthorised note in social media

Bangladesh Bank has urged the social media users to refrain from using pictures of any unauthorised note in Facebook or other social media.
Rescheduling deadline for loan defaulters extended

The central bank extends rescheduling deadline for the loan defaulters until October 20.
Banks to serve till Aug 11 near cattle markets

Bangladesh Bank issues a circular asking banks to keep their branched near cattle markets open till August 11.
BB unveils monetary policy with a word of caution

The Bangladesh Bank has announced the Monetary Policy Statement for the FY20 cautioning on a couple of near-term domestic risk factors that may hamper attainment of the monetary program objectives.
Reschedule of loans: HC questions legality of BB circular

The High Court questions the legality of a Bangladesh Bank circular allowing defaulters to reschedule their loan with a repayment period of up to ten years.
Three banks hit by cyberattacks

At least three local private banks suffered major cyberattacks last month, raising concern about the robustness of their security systems against a growing threat of scammers.
Bad loans soar

Defaulted loans soared to Tk 110,874 crore as of March this year, the highest ever in the country.
Remittance hits record in May

The month of May saw a record amount of remittance flow for a single month as expatriate Bangladeshis sent $1.75 billion to ensure
Mobile banking transaction limit increased

Bangladesh Bank enhances the transaction ceiling for mobile financial service following requests from the leading players aiming to promote expansion of the services.
HC wants list of loan defaulters by June 24

The High Court orders Bangladesh Bank authorities to submit a list of borrowers with more than Tk 1 crore in default loans by June 24.
Bank transaction hours 9:30am to 2:30pm in Ramadan

Banking hours during Ramadan will be from 9:30am to 4:00pm, Bangladesh Bank has said.
Bailout for big loan defaulters

Bangladesh Bank and a government committee have come up with a generous scheme to allow easy rescheduling of defaulted loans, which experts say will hurt the banking sector and the economy at large.
RCBC’s case not to create problem: BB governor

Bangladesh Bank (BB) Governor Fazle Kabir says the defamation lawsuit, filed by Philippines’ Rizal Commercial Banking Corporation (RCBC) against the central bank, will not create any problem to the efforts to recover the stolen money.
BB not worried at RCBC case

Terming the RCBC's defamation suit against the Bangladesh Bank baseless, a top BB official yesterday said it would not put any pressure on the central bank.
BB executive director apologises for distorting history

Bangladesh Bank’s Executive Director Shuvonkor Saha has offered an unconditional apology before the High Court for distorting history in a book titled “Bangladesh Bank-er Itihash” (history of Bangladesh Bank).
BB to release new Taka 100 note on March 7

Bangladesh Bank (BB) is going to release 100 percent cotton paper ‘Uv Curing Varnish’ Taka 100 note on March 7 aimed at strengthening the security features of the high value currency.
Janata sinks into Tk 6,063cr loss

Just two big borrowers have plunged the once-profitable Janata Bank into such a precarious situation that the state-owned lender may
14 banks see unusual rise in default loans

Default loans in 14 banks surged abnormally in 2018 -- in a development that will weaken the country's banking sector further.
DNCC by-polls: Banks to remain closed in Dhaka

All scheduled banks and non-banking financial institutions in the capital will remain closed tomorrow for Dhaka North City Corporation (DNCC) by-polls.
BB to widen reach of digital wallets

The central bank is set to come up with a guideline for electronic money in further proof of its commitment to building a cashless
Confiscate copies of 'Bangladesh Bank-er Itihas'

The High Court yesterday directed the government to immediately confiscate all copies of a book titled “Bangladesh Bank-er Itihas” (history of Bangladesh Bank) from the market, as some of its contents contain distorted history.
3 new banks get nod amid outcry

The central bank yesterday gave nod to three new banks -- at a time when the sector is saturated and stressed for rising nonperforming loans and declining corporate governance.