He also said that legal action would be taken against the S Alam Group chairman and other officials for their alleged crimes in the banking sector
Bangladesh has intensified its efforts to sign bilateral deals with different countries with the view to recovering funds illegally taken abroad, said Bangladesh Bank Governor Ahsan H Mansur.
The meetings will take place in between October 21 and October 26
BB is not blocking or interfering with the accounts of any businesses, regardless of their political affiliations, said BB Governor Ahsan H Mansur
Exporters will face higher costs when getting loans from the Export Development Fund (EDF), as a new interest rate calculation method has been introduced for loans in US dollars
Deputy Governor Kazi Sayedur Rahman resigns, while others are on the way out
Nine banks, including four state-run ones, were in the “red zone”, meaning their financial health was fragile,
he Bangladesh Bank yesterday increased the all-in-cost ceiling for short-term trade finance in foreign currencies to 4 percent
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
Nine banks, including four state-run ones, were in the “red zone”, meaning their financial health was fragile,
he Bangladesh Bank yesterday increased the all-in-cost ceiling for short-term trade finance in foreign currencies to 4 percent
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
BB yesterday barred banks from transferring foreign currency to their offshore units
One key factor hampering the effectiveness of BB's policies is the delay in decision-making and significant transmission lags.
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.
Why is the amount of default loans increasing day by day?
The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.
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.
It looked like any other email job-seekers send. The sender Rasel Ahlam attached a cover letter and a resume apparently hoping for a call for a personal interview.
