Bangladesh Bank (BB)
Interest rate spread rises to highest level since 2003
The spread between interest rates on deposits and loans rose to 6.03 percent, the highest in two decades, indicating that banks are making money at the expense of depositors and borrowers.
The renaissance of Bangladesh Bank and some expectations
We hope that the BB governor will continue the momentum and spirit to bring order and promote the economy.
A laundry list for BB governor
A new governor has joined the central bank of Bangladesh. As a leading macroeconomist, he has rightly identified inflation and the lack of discipline in the banking sector as the main culprits to be addressed. Both issues are very important, there’s no doubt about it.
Analysis / Unrest in banking sector raises concerns
Unrest has gripped the banking sector at a time when several banks are burdened with huge default loans and are suffering from low asset quality.
BB verbally asks banks not to allow cash withdrawals over Tk1 lakh
The BB asks banks, if possible, to stop money feeding to the branches amid the weak security because of the absence of police on the streets since Sheikh Hasina resigned as prime minister and fled the country on August 5
Central bank’s autonomy crucial for the economy
Its lack of independence has had disastrous effects
Bangladesh Bank’s Sustainability Rating 2023 / IPDC Finance, top performing finance company
IPDC topped the list for the third time
New rules in the making to give more autonomy to Bangladesh Bank
The government is going to amend the Bangladesh Bank Order, 1972 to align it with global best practices and give the central bank more autonomy so that it can initiate steps to help the economy deal with pressure.
Two banks, one NBFI top sustainable lenders' list for fourth straight year
The latest rating showed that BRAC Bank and City Bank have been part of the list since the BB launched the rating in 2020.
Interest rate spread rises to highest level since 2003
The spread between interest rates on deposits and loans rose to 6.03 percent, the highest in two decades, indicating that banks are making money at the expense of depositors and borrowers.
The renaissance of Bangladesh Bank and some expectations
We hope that the BB governor will continue the momentum and spirit to bring order and promote the economy.
A laundry list for BB governor
A new governor has joined the central bank of Bangladesh. As a leading macroeconomist, he has rightly identified inflation and the lack of discipline in the banking sector as the main culprits to be addressed. Both issues are very important, there’s no doubt about it.
Unrest in banking sector raises concerns
Unrest has gripped the banking sector at a time when several banks are burdened with huge default loans and are suffering from low asset quality.
BB verbally asks banks not to allow cash withdrawals over Tk1 lakh
The BB asks banks, if possible, to stop money feeding to the branches amid the weak security because of the absence of police on the streets since Sheikh Hasina resigned as prime minister and fled the country on August 5
Central bank’s autonomy crucial for the economy
Its lack of independence has had disastrous effects
IPDC Finance, top performing finance company
IPDC topped the list for the third time
New rules in the making to give more autonomy to Bangladesh Bank
The government is going to amend the Bangladesh Bank Order, 1972 to align it with global best practices and give the central bank more autonomy so that it can initiate steps to help the economy deal with pressure.
Two banks, one NBFI top sustainable lenders' list for fourth straight year
The latest rating showed that BRAC Bank and City Bank have been part of the list since the BB launched the rating in 2020.
Generous exit policy offered to borrowers
Bangladesh Bank yesterday unveiled the latest iteration of its exit policy that offers borrowers the option to close off their loan account within three years by paying only 10 percent as down payment and no interest.
