Bangladesh Bank (BB)
The billion-dollar hit job
The way unknown hackers hatched plans to steal money from the Bangladesh Bank’s reserves with the New York Fed using the most sophisticated banking and payment channels as well their near-perfect preparation and timing will render many detective stories and Hollywood movies average.
3 February 2020, 18:00 PM
Risky loans soaring. BB’s plan? Hide figure.
The central bank is planning to sweep the bulging stressed assets under the rug when it publishes its annual financial stability report in April such that it can paint a rosy picture of the banking sector.
19 January 2020, 18:00 PM
BB makes easier digital marketing payment
Bangladesh’s e-commerce sector has received a major boost after the central bank opened up an opportunity for them to make payment to social media giants for online marketing.
14 January 2020, 18:00 PM
BB removes Mercantile Bank director
Bangladesh Bank has removed Md Shahidul Ahsan from Mercantile Bank’s board of directors over his alleged involvement in money laundering.
5 January 2020, 18:00 PM
Banks bracing for big hit on profits
Banks will have a hard time logging in profits in the coming days because of the latest government decision to fix interest rate for lending at 9 percent and for deposit at 6 percent.
31 December 2019, 18:00 PM
BB official, 2 daughters die in Sitakunda road crash
A Bangladesh Bank official and his two daughters are killed and his wife and son are injured in a road accident in Chattogram’s Sitakunda upazila.
28 December 2019, 09:11 AM
Bangabandhu’s Birth Centenary: BB to release new banknote of Taka 200
The central bank will release new banknotes of Tk 200 denomination in March next year on the occasion of birth century of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.
15 December 2019, 16:36 PM
Bring bank loan interest rate to single digit: Minister
Commerce Minister Tipu Munshi has pressed the need to bring down bank loan interest rate to single digit in order to boost businesses.
5 December 2019, 07:45 AM
Loan defaulter gets remittance award of BB
Bangladesh Bank has handed over the remittance award to loan defaulter and money launderer Shahjahan Bablu without scrutinising his background.
8 October 2019, 18:00 PM
Reforms to fall flat if defaulters spared
Any reforms in the banking sector will not be effective if those are made sparing loan defaulters, says Khondkar Ibrahim Khaled, former deputy governor of Bangladesh Bank.
25 September 2019, 18:00 PM
'Discarded' Bangladesh Bank notes surface in Bogura waterbody
Local people in Bogura's Shahjanpur upazila discover huge amounts of "discarded'' notes of Bangladesh Bank in a waterbody. They first noticed it after the notes started to wash up on the banks of the waterbody in Chandai village on Sunday.
24 September 2019, 08:17 AM
Wealth of Shamim, Family Members: BB asks banks to freeze accounts
Bangladesh Financial Intelligence Unit (BFIU) has ordered all banks to freeze accounts of SM Golam Kibria Shamim, his wife and mother, and of now-expelled Jubo League leader Khaled Mahmud Bhuiyan.
23 September 2019, 18:00 PM
TIB urges BB not to allow Beximco for rescheduling loan
The Transparency International Bangladesh (TIB) has called upon Bangladesh Bank to refrain from a self-defeating move that would grant a top-ranking defaulter for rescheduling Tk 430cr loan.
13 September 2019, 15:10 PM
BB to give banks euro loans from reserves
Bangladesh Bank is set to give loans to local banks’ offshore banking units (OBU) to offset the negative returns that it now gets for its liquid euro assets -- a move that can be viewed as making the best out of a bad situation.
11 September 2019, 18:00 PM
BB warns against unauthorised note in social media
Bangladesh Bank has urged the social media users to refrain from using pictures of any unauthorised note in Facebook or other social media.
3 September 2019, 15:39 PM
Rescheduling deadline for loan defaulters extended
The central bank extends rescheduling deadline for the loan defaulters until October 20.
3 September 2019, 15:32 PM
Banks to serve till Aug 11 near cattle markets
Bangladesh Bank issues a circular asking banks to keep their branched near cattle markets open till August 11.
7 August 2019, 11:34 AM
BB unveils monetary policy with a word of caution
The Bangladesh Bank has announced the Monetary Policy Statement for the FY20 cautioning on a couple of near-term domestic risk factors that may hamper attainment of the monetary program objectives.
31 July 2019, 06:24 AM
Reschedule of loans: HC questions legality of BB circular
The High Court questions the legality of a Bangladesh Bank circular allowing defaulters to reschedule their loan with a repayment period of up to ten years.
23 July 2019, 09:42 AM
Three banks hit by cyberattacks
At least three local private banks suffered major cyberattacks last month, raising concern about the robustness of their security systems against a growing threat of scammers.
21 June 2019, 18:00 PM