The new measure will be effective from November 1 this year

Following the fall of the Awami League government, efforts are underway to explore ways to bring back the stolen wealth.

Interest rate will also be increased, says Bangladesh Bank governor

The Bangladesh Bank yesterday constituted a new board of directors at IFIC Bank after dissolving the previous board, effectively bringing an end to Salman F Rahman’s grip on the private commercial bank.

The Bangladesh Bank (BB) has increased the cash withdrawal limit from banks to Tk 5 lakh per account this week, up from Tk 4 lakh per account the previous week

BB forms new five-member board for Exim, keeping three shareholder directors unchanged

The S Alam Group is trying to sell properties that are not mortgaged to banks

Ahsan H Mansur says in a meeting with a delegation of the Dhaka Chamber

The anti-money laundering agency instructed the lenders to keep the accounts frozen for the next 30 days

Three months ago, the policy rate was hiked for the last time by 50 basis points to 8.5%

The previous limit was Tk 3 lakh

The accounts of Mintoo, his wife and son were blocked on August 1 in 2007

The rate will be further raised to 10℅, BB governor tells BBC in an interview

Instruction was also given to suspend locker facilities extended to the members of the families for the next 30 days

But its objectives must be clearly defined and regularly scrutinised

The step has been taken for the sake of the depositors' money, according to the order issued by BB

Bangladesh Bank has suspended liquidity support for some Shariah-based banks, says Ahsan H Mansur in a meeting with FBCCI

It is unfortunate that the previous government fell short of its commitments to strengthen the banking sector.

The Bangladesh Bank may increase the policy rate for both local and foreign currencies in a bid to reduce inflation and increase international reserves.

The council also recommended amendment to the Bangladesh Bank Order 1972