central bank
Money laundering and its effect on Bangladesh’s inflation
Inflation, which erodes the purchasing power for consumers as well as businesses, happens in two ways.
24 July 2024, 06:38 AM
Roadmap for banking reforms: Old wine in a new bottle?
In February 2019, the central bank lowered the timeframe to three years from five years. And what has that achieved?
27 February 2024, 00:00 AM
New monetary policy is appropriate in direction, but inadequate in dosage
Why this behind-the-curve approach to fighting inflation?
25 January 2024, 02:00 AM
‘BB governor worse performer than 70 countries’ central bank chiefs’
New York-based Global Finance magazine finds, reviews performance of central bank chiefs of 102 countries.
26 September 2023, 19:28 PM
Govt keeps borrowing big amounts from BB
The government has kept borrowing a hefty amount of funds from the Bangladesh Bank as commercial banks are unable to meet the financing requirement of the state because of the liquidity crunch.
18 May 2023, 02:30 AM
Central banks and innovation
Fintech innovation, especially innovation in payments -a critical financial service most people use every day—is generating new challenges and often competing priorities for central banks.
20 April 2023, 07:00 AM
Lanka gets 6 more months to repay BB’s $200m
Bangladesh Bank yesterday granted Sri Lanka’s request to be given six more months to repay a $200 million loan due to the prolonging of its economic crisis.
13 January 2023, 03:00 AM
Nagad Finance inches closer to running MFS operation
The Bangladesh Bank yesterday decided in principle to allow Nagad Finance PLC, a proposed non-bank financial institution (NBFI), to run mobile financial services.
13 January 2023, 02:30 AM
BB team was negligent in detecting BIFC irregularities
The central bank’s inspection team did not perform properly to detect the irregularities at Bangladesh Industrial Finance Company (BIFC), a fact-finding committee found.
9 January 2023, 18:00 PM
Govt keeps borrowing heavily from BB
The government continues to borrow from Bangladesh Bank on a large scale as commercial banks are now unable to finance the state due to liquidity crunch.
6 January 2023, 01:30 AM
Four more Islamic banks take BB emergency loans
Four more shariah-based banks have been found to have taken emergency funds, which are usually taken during extraordinary circumstances, in an attempt at dressing up their balance sheet for last year.
3 January 2023, 02:00 AM
2023 will be the year of inflation and financial turpitude
While the government is distracted by elections, the financial economy will suffer
1 January 2023, 02:00 AM
Only two options left for macroeconomic stability
Bangladesh does not have too many policy options other than reducing consumption of goods and services and making the exchange rate flexible in order to ensure macroeconomic stability, said a central bank report.
22 December 2022, 02:00 AM
Economics Nobel for Central Bankers?
Winners of the Nobel Prize in economics this year were rewarded for their work in the 1980s that 'significantly improved' the world's understanding of banks.
29 October 2022, 14:00 PM
Bank scams happen when regulator sleeps
The chief of Anti-Corruption Commission has come down hard on the role the central bank has played over the last several years when it comes to tackling graft in banks.
13 March 2019, 18:00 PM
Do we really need a central bank?
Pet doors are small portals at the bottom of doors to let pets move in and out of the house. Sir Isaac Newton once made one big hole for a cat and one small hole for its kittens in the same door.
4 December 2017, 18:00 PM
Central Banks in the dock
On November 11, 1997, the Bank of England took a big step toward independence, courtesy of the second reading in the House of Commons of a bill amending the Bank Act of 1946. The bill gave legislative affirmation to the decision,
15 November 2017, 18:00 PM
Farashuddin wants further probe
The government should carry out further investigation to find out whether the suspected Bangladesh Bank officials were really involved in the $101 million cyber heist, says Mohammed Farashuddin, head of the three-member body that probed the theft.
8 June 2016, 18:00 PM
CID finds 20 foreigners’ link in BB cyber heist
Bangladesh's Criminal Investigation Department (CID) claims they found 20 foreigners involved in cyber heist of US$ 101 million from Bangladesh Bank's Federal Reserve Bank account, says they have found proof of negligence by central bank staff.
18 April 2016, 06:54 AM
Confusion, panic order of the day
Confusion and panic was the order of the day at the Bangladesh Bank yesterday, a day after its governor Atiur Rahman stepped down and two deputy governors were removed hastily amid strong criticism over the central bank's handling of the $101 million cyber theft.
16 March 2016, 18:00 PM