BB
Nine banks were in BB ‘red zone’
Nine banks, including four state-run ones, were in the “red zone”, meaning their financial health was fragile,
Short-term trade finance cost in foreign currencies goes up
he Bangladesh Bank yesterday increased the all-in-cost ceiling for short-term trade finance in foreign currencies to 4 percent
Lending rate on bank loans goes past 12%
The interest rate on bank loans in Bangladesh has gone past 12 percent as the reference rate has seen an increase, central bank data showed
Banks barred from transferring forex to offshore branches
BB yesterday barred banks from transferring foreign currency to their offshore units
Why Bangladesh Bank's inflation control policy is falling short
One key factor hampering the effectiveness of BB's policies is the delay in decision-making and significant transmission lags.
Will BB’s lending rate-setting formula yield expected results?
The Bangladesh Bank has decided to implement a market-based interest rate from July, moving away from the 9 per cent interest rate cap on loans, an initiative that may help the central bank uses its policy rates effectively in its fight against higher inflation.
Reforms in the financial sector necessary to get rid of default loans
Why is the amount of default loans increasing day by day?
Will the government touch the ‘untouchables’?
The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.
Lax monitoring by BB to blame for bank scams
Had the Bangladesh Bank played the role of a guardian and properly inspected commercial banks, the scams would not have taken place in the banking sector, Anti-Corruption Commission Chairman Iqbal Mahmood said.
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,
Central bank detects Tk 4,000cr laundering
Bangladesh Financial Intelligence Unit has detected cases of money laundering involving Tk 4,000 crore and is carrying out a thorough probe into it, Bangladesh Bank Deputy Governor Abu Hena Mohd Razee Hassan said yesterday.
Banks asked to lower their loan-deposit ratio
The central bank yesterday instructed banks to lower their loan-deposit ratio to within 83.5 percent by June 30 in a move to reining in the banks' aggressive lending practices.
BB seeks to curb excessive lending
Bangladesh Bank yesterday announced its new monetary policy for January-June with a target to tighten money supply and curb excessive lending, which is likely to raise interest rates and hurt businesses and consumers.
AB Bank laundered Tk 165cr to UAE
The AB Bank has allegedly laundered around Tk 165 crore to the United Arab Emirates through two shady organisations in the name of investment, according to a Bangladesh Bank probe report.
2016 Cyber-heist: BB, NY Fed plan to sue Manila bank
Bangladesh's central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world's biggest cyber-heists, several sources said.
Farmers Bank Debacle: BB measures not enough
Bangladesh Bank responded very late in dealing with the ailing Farmers Bank, former central bank governors and senior economists said.
2 more pvt banks in the offing
Bangladesh Bank is completing the primary process for issuing licences to two more private banks, which analysts claimed would be detrimental to the banking industry and the economy as a whole.
JS committee forms body to probe Agrani Bank ‘loan scam'
A parliamentary body is formed a three-member sub-committee to give recommendations on a Bangladesh Bank report that got huge irregularities in giving loans from the state-run Agrani Bank.
Quizzical Changes in SIBL: BB rushes to approve it
Bangladesh Bank approved the sudden changes in Social Islami Bank Limited (SIBL) only hours after the Shariah-based bank provided it with documents on Monday.
