Bangladesh Bank (BB)

Instalment payment period extended till Dec 31

Bangladesh Bank today said that borrowers will not be considered defaulters if they pay their instalments by December 31 this year.
28 September 2020, 15:39 PM

Bangladesh Bank asks banks to keep LC margin on onion imports at minimum level

The central bank orders banks to keep the margin on the opening of letters of credits to import essential commodities, including onions at a minimum level.
17 September 2020, 07:22 AM

Bangladesh Bank reserve heist: Probe report submission deferred to October 12

A Dhaka court sets October 12 as the date for submission of a probe report in the case lodged over the Bangladesh Bank (BB) reserve heist that took place in 2016.
10 September 2020, 12:50 PM

Parliament passes bill to extend Bangladesh Bank governor’s age limit

Parliament has passed the “Bangladesh Bank (Amendment) Bill, 2020” to extend the age limit of the central bank’s governor to 67 years.
9 July 2020, 06:40 AM

Banks in ‘red zones’ to remain closed: Bangladesh Bank

Banks in ‘red zone’ areas will remain closed as lockdown will be enforced to contain the spread of coronavirus.
16 June 2020, 07:54 AM

All branches of banks to remain open from May 31: Bangladesh Bank

The Bangladesh Bank has today asked banks to keep all their branches across the country open from May 31.
28 May 2020, 13:09 PM

Covid-19 fallout: Central bank’s move to ease financial burden of borrowers

The central bank today directed banks to transfer all interest accrued or to be accrued between April 1 and May 31 this year from all of their loans to an interest-free blocked account.
3 May 2020, 14:45 PM

Bangladesh Bank to provide half of Tk 20,000cr stimulus package for SMEs

Bangladesh Bank will provide half of the Tk 20,000 crore stimulus package announced by the government for the cottage, micro, small and medium enterprises sector -- to deal with the economic fallout caused by the coronavirus pandemic.
27 April 2020, 15:09 PM

Banks asked to reopen branches in commercial areas of Dhaka, Ctg

Bangladesh Bank today asked banks to open their branches in Dhaka's Motijheel and Dilkusha areas and Chattogram's Agrabad and Khatungonj areas, and carry out cash transaction-related operations from 10am to 2pm.
23 April 2020, 15:43 PM

BB extends banking operations nationwide

The Bangladesh Bank decides to extend the banking operation across the country during the ongoing shutdown.
16 April 2020, 14:40 PM

No interest on credit card bills due April 1: BB

Bangladesh Bank asks lenders not to impose any interest on credit card bills due on April 1, during the coronavirus pandemic.
15 April 2020, 15:11 PM

Special incentive for bank employees during shutdown

The central bank has asked banks to provide incentive to their employees who are working during the ongoing closure declared by the government in order to contain the spread of coronavirus.
13 April 2020, 10:44 AM

Bangladesh Bank asks authorities to declare MFS as emergency service

Bangladesh Bank asks concerned authorities to take necessary steps for declaring mobile financial services (MFS) as emergency services amid the ongoing closure following the coronavirus outbreak.
12 April 2020, 15:09 PM

Bangladesh Bank cuts repurchase rate and reserve ratio to inject liquid cash into economy

The central bank has taken two significant steps to inject liquid cash into the economy amid the impending financial recession due to coronavirus shutdown.
9 April 2020, 11:06 AM

Nationwide shutdown: Banking hours extended by 1 hour

Transaction hours at all commercial banks are extended by one hour -- up to 1pm – during the ongoing nationwide closure.
2 April 2020, 09:31 AM

Bangladesh Bank has no plans to quarantine bank notes to check coronavirus spread

South Korea’s central bank started to quarantine all bank notes on March 6 for two weeks to remove any traces of coronavirus and even burn them as part of the government’s efforts to contain the outbreak.
10 March 2020, 18:00 PM

9% interest rate on loans: HC refuses to hear petition challenging BB decision

A High Court bench refuses to hold hearing on a writ petition that challenged the legality of Bangladesh Bank's decision which instructed the scheduled banks to set a maximum nine percent interest rate on all loans except credit cards.
2 March 2020, 11:50 AM

BB seeks explanation from Janata MD

Bangladesh Bank has sought explanation from Janata Bank Managing Director Md Abdus Salam Azad for extending loan rescheduling facilities to two companies, including the notorious AnonTex Group, by breaching rules.
9 February 2020, 18:00 PM

Bangladesh Bank Reserve Heist: Int’l payment system now slower, costlier

It has been four years since a band of hackers broke into this Bangladesh Bank’s account with the New York Fed with the intent to pull off what would have been the biggest cyber heist in history.
3 February 2020, 18:00 PM

Travellers can now carry up to $10,000

Each traveller can now carry up to $10,000 without declaration while departing or entering Bangladesh.
3 February 2020, 18:00 PM