central bank

Do we really need a central bank?

Pet doors are small portals at the bottom of doors to let pets move in and out of the house. Sir Isaac Newton once made one big hole for a cat and one small hole for its kittens in the same door.

March 14, 2016
March 14, 2016

Muhith fumes at central bank

Finance Minister AMA Muhith yesterday said he would take action against Bangladesh Bank for keeping him in the dark for more than a month about the theft of $101 million from the BB account with...

March 13, 2016
March 13, 2016

Dangerously exposed

The recent hacking of the Bangladesh Bank system to steal at least $100 million reveals the vulnerability of the central bank's IT infrastructure, weak operational architecture and probable...

March 11, 2016
March 11, 2016

Hackers bugged BB system in Jan

Hackers installed malicious software into the Bangladesh Bank system in January, which helped them gain knowledge of the central bank's working methods before stealing some $101 million. ...

March 10, 2016
March 10, 2016

Does Bangladesh deserve a higher sovereign rating?

In Fiscal Year (FY) 2014-15, global sovereign rating agencies Moody's, Standard & Poor's and Fitch assigned Bangladesh a 'stable' sovereign credit outlook.

March 5, 2016
March 5, 2016

Probe finds more ATM fraud cases

Fraudsters might actually have stolen over Tk 1 crore -- four times the amount initially thought -- from ATM booths of several banks using cloned cards last month, the central bank and...

February 8, 2016
February 8, 2016

Ban high value notes, ex bank chief says

Central banks should stop issuing £50, $100 and €500 notes to tackle crime, according to a former bank boss.

February 2, 2016
February 2, 2016

Homework for monetary policy

The latest monetary policy, which the central bank governor had announced recently, has passed through the market with a fair amount of approval...

January 14, 2016
January 14, 2016

Central bank cuts policy rates

The central bank has cut its policy rates for the first time in three years in an effort to spur investment and the GDP growth.

January 13, 2016
January 13, 2016

BB appoints observer in Farmers Bank

Bangladesh Bank (BB) appoints an observer in the board of Farmers Bank in a bid to improve the health of the newly established bank.

January 13, 2016
January 13, 2016

BB chief writes to IGP seeking justice for tortured official

Bangladesh Bank governor in a letter called upon the police chief to ensure justice for alleged police torture of an official of the central bank.