Rising capital shortfall not a good sign
The Bangladesh Bank (BB) has applied to the finance ministry seeking a one-month extension after a majority of banks, including listed lenders, failed to finalise their annual financial statements by the April 30 deadline.
Banks could face financial risks unless immediate climate action is taken, said the Bangladesh Bank (BB) in its first climate stress testing report published yesterday.
It, however, directed banks to ensure that examination centres are duly authorised by relevant authorities abroad.
The government is considering out-of-court settlements as an option to recover laundered money from abroad, as the formal legal process is often time-consuming.
The Bangladesh Bank yesterday dissolved the board of directors of ICB Islamic Bank considering the interests of depositors, according to an official letter.
Bangladesh’s Islamic banking sector would be completely restructured, he said.
The Bangladesh Bank (BB) yesterday extended an additional Tk 2,500 crore in emergency liquidity support to Social Islami Bank and First Security Islami Bank without any security to help them address financial crises.
The Bangladesh Bank (BB) today reconstituted the board of directors of three private commercial banks.
Rising capital shortfall not a good sign
The Bangladesh Bank (BB) has applied to the finance ministry seeking a one-month extension after a majority of banks, including listed lenders, failed to finalise their annual financial statements by the April 30 deadline.
Banks could face financial risks unless immediate climate action is taken, said the Bangladesh Bank (BB) in its first climate stress testing report published yesterday.
It, however, directed banks to ensure that examination centres are duly authorised by relevant authorities abroad.
The government is considering out-of-court settlements as an option to recover laundered money from abroad, as the formal legal process is often time-consuming.
The Bangladesh Bank yesterday dissolved the board of directors of ICB Islamic Bank considering the interests of depositors, according to an official letter.
Bangladesh’s Islamic banking sector would be completely restructured, he said.
The Bangladesh Bank (BB) yesterday extended an additional Tk 2,500 crore in emergency liquidity support to Social Islami Bank and First Security Islami Bank without any security to help them address financial crises.
The Bangladesh Bank (BB) today reconstituted the board of directors of three private commercial banks.
The Bangladesh Bank has suspended the exchange of fresh notes for the public ahead of the upcoming Eid-ul-Fitr.
