Bangladesh Bank

Banks can't impose any fine on supervision charges: BB

New guideline on supervision charge issued

How tough can Bangladesh Bank be with wilful defaulters?

Any success of its roadmap will depend on its enforcement

BB to step in if banks don’t merge voluntarily by Dec

Bangladesh Bank yesterday said it would take the initiative for the mergers and acquisition of banks from March 2025 if they fail to do so voluntarily by December this year.

Regulators responsible for the ailing banks

Punish wilful defaulters before banks’ health further deteriorates

BB introduces counter-trade to ease forex pressure

The Bangladesh Bank has unveiled the counter-trade policy, an arrangement that promotes direct exchanges of goods and services without cash, with a view to reducing pressure on dwindling foreign currency reserves.

Nine banks in ‘red zone’

Nine banks, including four state-run ones, have fragile financial health, says a recent report of the Bangladesh Bank.

Banks don't need to submit hard copies of export docs: BB

The FX Dashboard will help promote paperless transactions

Banks’ offshore operations to receive a boost

Offshore banking units have been relieved from maintaining cash reserve ratio

Bangladesh Bank gets two new deputy governors

Khurshid Alam and Habibur Rahman have been appointed on contractual basis for three years

February 19, 2024
February 19, 2024

BB relaxes loan write-off policy further

The Bangladesh Bank yesterday further relaxed its loan write-off policy as part of its roadmap to “artificially” reduce the higher volume of bad loans in the banking sector.

February 11, 2024
February 11, 2024

Bangladesh Bank tightens bank director appointment rules

The minimum age of a director will be 30. Previously, there was no such limit. 

February 5, 2024
February 5, 2024

BB roadmap to knock down bad loans

The Bangladesh Bank yesterday unveiled its roadmap for reining in the runaway defaulted loans to a reasonable level and bringing in good governance to the banking sector, which is progressively becoming an Achilles heel of the economy.

February 1, 2024
February 1, 2024

BB asks banks to prepare for harsh reforms

The Bangladesh Bank (BB) is going to bring reforms to the banking sector after getting the go-ahead from the new government, and the banking regulator asked senior executives to prepare for those reforms at a meeting yesterday.

January 30, 2024
January 30, 2024

BB’s funds to banks complicate efforts to curb inflation

The Bangladesh Bank is injecting fresh funds into the economy despite adopting a contractionary monetary policy, a contradictory move that may make it harder to tame stubborn inflation.

January 25, 2024
January 25, 2024

New monetary policy is appropriate in direction, but inadequate in dosage

Why this behind-the-curve approach to fighting inflation?

January 17, 2024
January 17, 2024

GDP growth target down to 6.5%, inflation target up to 7.5%

The BB said Bangladesh's economic outlook remains positive despite the ongoing challenges

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 16, 2024
January 16, 2024

Dipu deserved better than a death-by-disregard

People are killed in the strangest ways in Bangladesh. for which no one is punished.

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

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