The Bangladesh Bank yesterday further relaxed its loan write-off policy as part of its roadmap to “artificially” reduce the higher volume of bad loans in the banking sector.

The minimum age of a director will be 30. Previously, there was no such limit. 

The Bangladesh Bank yesterday unveiled its roadmap for reining in the runaway defaulted loans to a reasonable level and bringing in good governance to the banking sector, which is progressively becoming an Achilles heel of the economy.

The Bangladesh Bank (BB) is going to bring reforms to the banking sector after getting the go-ahead from the new government, and the banking regulator asked senior executives to prepare for those reforms at a meeting yesterday.

The Bangladesh Bank is injecting fresh funds into the economy despite adopting a contractionary monetary policy, a contradictory move that may make it harder to tame stubborn inflation.

Why this behind-the-curve approach to fighting inflation?

The BB said Bangladesh's economic outlook remains positive despite the ongoing challenges

The peg system would be linked to a carefully selected basket of currencies and operate within a predefined exchange rate corridor

People are killed in the strangest ways in Bangladesh. for which no one is punished.

BB's adoption of crawling peg as per IMF prescription will possibly rule out a market-driven exchange rate, as suggested

Authorities must improve monitoring to keep the sector in check

National Bank’s plight is the result of poor banking governance

Former DU Prof Syed Ferhat Anwar is the new National Bank chairman

The use of the BB monogram by the magazine had created confusion among the financial institutions

In 2022-23, the mismatch between the actual realisation reported by BB and EPB shipment figure was $12.08 billion, the highest in at least eight years

Bangladesh Bank is hunting for dollars to rebuild its depleting foreign exchange reserves ahead of the January 7 national election.

The new rate 7.75 percent will be effective from tomorrow

Central bank should read the market, revise rules accordingly to ensure stability

Why have we failed to translate a record worker outflow into an increase in remittance inflow?

One key factor hampering the effectiveness of BB's policies is the delay in decision-making and significant transmission lags.