Topic
Bangladesh Bank
Bangladesh BankState-owned banks
Party men at the helm of bank boards again
The government has been recruiting party men as directors to the boards of state-owned banks flouting rules.
BB gets two deputy governors
Two have been recruited on contract as deputy governors of Bangladesh Bank. They are Bangladesh Bank executive director Kazi Sayedur Rahman and Rajshahi Krishi Unnayan Bank (RAKUB) managing director ...
Bangladesh Bank releases new banknote of Tk 10
Bangladesh Bank has released new banknote of Tk 10 incorporating advanced security features of the currency with an aim to prevent fake notes
BB bringing micro businesses, professionals under digital payment ecosystem
Bangladesh Bank has moved to introduce personal retain account (PRA) with banks and mobile financial service (MFS) providers to bring micro businesses under a digital payment ecosystem.
Expats remit 1.06 billion dollars in 12 days
In just 12 days of the current month November, the country has received over 1.06 billion dollars (106 crore dollars) in remittance.
Bangladesh Bank publishes Manual of Credit Guarantee Scheme
Bangladesh Bank has published 'Manual of Credit Guarantee Scheme' for the banks to follow in facilitating loans for cottage, micro and small enterprises (CMS) under the government-announced economic ...
BB issues circular lowering provisioning against unclassified loans
Banks and other financial lenders will now have to maintain two per cent general provision against unsecured loans instead of the earlier five per cent
Inform clients about product charges, BB asks MFS companies
Bangladesh Bank (BB) has instructed all mobile financial service (MFS) providers to inform their customers about type and charges of the products in details to ensure transparency of their services, ...
Forex reserves hit $40b for first time
The country’s foreign exchange reserves have crossed US$40 billion for the first time, thanks to a steady flow of inward remittances despite the coronavirus pandemic, reports BSS.
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