The Bangladesh Bank has issued its first-ever guideline for the appointment of independent directors at non-bank financial institutions (NBFIs) in order to protect the interest of depositors and general shareholders.

The failure to tame inflation not only imposes a steep tax on the poor and the middle class, it also erodes economic competitiveness.

Bangladesh has decided to introduce currency swaps between the central bank and commercial banks considering the local foreign exchange market dynamics

The deficit in Bangladesh’s financial account narrowed slightly to $5.39 billion in the July-December half of the current financial year

Bangladesh Bank’s banking sector reform roadmap of last week will come to no use if the implementation failures of previous roadmaps cannot be understood, said eminent economist Wahiduddin Mahmud yesterday.

Bangladesh Bank's banking reform roadmap is nothing new, but failures to implement it has distressed the sector, said eminent economist Wahiduddin Mahmud

BB has asked banks to take measures in order to encourage their employees to adopt the government’s Universal Pension Scheme

Bangladesh Bank has published a list of 39 firms that are authorised to audit banks and finance companies

The BB maintained a contractionary policy stance in the July-December of 2023-24

BB allows imports of edible oil, chickpeas, pulse, peas, onion, spices, sugar, and dates on usance terms for up to 90 days

The system of selling insurance services to bank customers will ultimately expand financial inclusion.

Banks will remain closed on January 7 to help bankers and other employees of lenders cast their votes

The Bangladesh Bank has asked Islami Bank Bangladesh to explain why it is buying US dollars from foreign exchange houses at a rate that is higher than the fixed price.

The devaluation of the taka has squeezed the import capacity of industries, particularly essential commodity importers and exporters

The taka is expected to depreciate further against the US dollar due to huge outflows, says BB

In a groundbreaking move, BB introduced the prompt corrective action (PCA) framework on December 5 to ensure stability in our commercial banks

The government's move to approve bancassurance is an opportunity to make insurance more accessible, trustworthy, and understandable.

The Bangladesh Bank (BB) yesterday relaxed rules regarding encashment of export proceeds in the local currency, taka, in order to encourage exporters to bring receipts.

For the first time, the Bangladesh Bank has decided to determine the rate of foreign exchange, namely the US dollar, to be delivered in future, widely known as forward contract -- a move that has created mixed reactions among businesses.

Non-bank financial institutions (NBFIs) have remained comparatively less regulated owing to a major gap between the Bangladesh Bank and the Bangladesh Securities and Exchange Commission (BSEC) on some provisions relating to corporate governance, according to analysts.