Banks to remain closed in lockdown areas
The central bank has ordered halting operations of bank branches in areas put under lockdown by the government during the general holidays to prevent the spread of coronavirus.
8 hours ago
Liquidity crisis must be solved unconventionally: Salehuddin Ahmed
Former governor of Bangladesh Bank feels that the marginalised poor need to be given cash rather than rice or wheat, so that they can purchase essentials other than food as well
12 hours ago
Banks begin implementing single digit interest rate on lending
Banks in the country have started implementing single digit, nine per cent, interest rate for all kinds of loans except credit cards in compliance with the government directives
1 April 2020, 14:26
FBCCI lauds Bangladesh Bank’s liquidity measures
FBCCI president Sheikh Fazle Fahim on Monday termed the central bank’s decision to buy Treasury bills and bonds from banks and non-bank financial institutions (NBFIs) to deal with any liquidity ...
24 March 2020, 3:51
Banks to remain open for few hrs
Banks will remain open during the holidays declared by the government from 26 March to 4 April to facilitate the financial transaction for their clients.
24 March 2020, 2:52
‘Financial sector may face chaos’
Bangladesh Bank has fixed interest rates on bank loans. On the other hands, banks are not providing more than 6 per cent interest on deposits. The financial institutions are in a crisis. In an ...
7 March 2020, 10:34
Bold enough for a bank commission?
It has been eight months since the budget speech, but there is still no sign of any bank commission. There hadn’t been any tangible meeting or discussion in this regard either. Speaking to the media ...
4 March 2020, 10:41
BB sets single-digit lending rate from 1 April
Bangladesh Bank (BB) has set maximum nine per cent interest rate on all loans except credit cards as part of the government initiative to bring down the lending rate to a single digit.The central ...
25 February 2020, 12:57
Tk 200 note to be launched on Bangabandhu’s birth centenary
Bangladesh Bank will launch a regular currency note of Tk 200 denomination and commemorative gold and silver coins worth Tk 100 on the occasion of the birth centenary of father of the nation ...
22 February 2020, 13:51
E-governance to put an end to bureaucratic tangles
No one knows who first started the practice of binding government documents with red tape during the colonial era. It could have been red, white or blue - any colour. Here this red tape got ...
16 February 2020, 3:24