Bangladesh Bank (BB)
27 banks asked to explain breach of card’s forex spend limit
The Bangladesh Bank today asked 27 banks to explain why they had allowed their credit cardholders to spend dollars breaching the stipulated ceiling set by the foreign exchange rules.
NBFI loan defaulters offered relaxed rescheduling facility
The central bank yesterday relaxed the rules on credit rescheduling and restructuring for the borrowers who have defaulted on the repayments of loans with non-bank financial institutions (NBFIs).
Data sharing among banks can boost financial inclusion: experts
Open banking, which allows sharing data among banks, financial institutions and fintech with customers’ consent, can further enable financial inclusion and easier access to financing for small and medium enterprises (SMEs), experts said today.
Six banks' MDs asked to explain forex market volatility
The Bangladesh Bank yesterday sought explanations from managing directors of six private banks citing their alleged involvement in taking advantage of the volatility in the foreign exchange market to make a super profit.
Swiss bank deposits: Bangladesh discusses developing mechanism for exchange of info
Bangladesh began discussions on developing a mechanism for exchange of information on funds deposited by the Bangladeshi citizens in the Swiss banks to ensure that there is no confusion over the matter.
Bangladesh’s sour-debt conundrum
Is the central bank enabling loan defaulters with its policies?
Bangladesh Bank says BFIU repeatedly sought info on money launderers from Swiss banks
Bangladesh Financial Intelligence Unit (BFIU) repeatedly sought information from countries including Switzerland on money laundered by Bangladeshis, Bangladesh Bank has said.
Bangladesh Bank eases rules on encashment of export proceeds
The Bangladesh Bank today eased rules on the encashment of the value-added portion of repatriated export proceeds in order to bring flexibility to trade transactions.
Private credit growth hits 4-year high
Private sector credit growth in Bangladesh accelerated to a four-year high of 13.66 per cent last fiscal year from what was in the preceding year.
27 banks asked to explain breach of card’s forex spend limit
The Bangladesh Bank today asked 27 banks to explain why they had allowed their credit cardholders to spend dollars breaching the stipulated ceiling set by the foreign exchange rules.
NBFI loan defaulters offered relaxed rescheduling facility
The central bank yesterday relaxed the rules on credit rescheduling and restructuring for the borrowers who have defaulted on the repayments of loans with non-bank financial institutions (NBFIs).
Data sharing among banks can boost financial inclusion: experts
Open banking, which allows sharing data among banks, financial institutions and fintech with customers’ consent, can further enable financial inclusion and easier access to financing for small and medium enterprises (SMEs), experts said today.
Six banks' MDs asked to explain forex market volatility
The Bangladesh Bank yesterday sought explanations from managing directors of six private banks citing their alleged involvement in taking advantage of the volatility in the foreign exchange market to make a super profit.
Swiss bank deposits: Bangladesh discusses developing mechanism for exchange of info
Bangladesh began discussions on developing a mechanism for exchange of information on funds deposited by the Bangladeshi citizens in the Swiss banks to ensure that there is no confusion over the matter.
Bangladesh’s sour-debt conundrum
Is the central bank enabling loan defaulters with its policies?
Bangladesh Bank says BFIU repeatedly sought info on money launderers from Swiss banks
Bangladesh Financial Intelligence Unit (BFIU) repeatedly sought information from countries including Switzerland on money laundered by Bangladeshis, Bangladesh Bank has said.
Bangladesh Bank eases rules on encashment of export proceeds
The Bangladesh Bank today eased rules on the encashment of the value-added portion of repatriated export proceeds in order to bring flexibility to trade transactions.
Private credit growth hits 4-year high
Private sector credit growth in Bangladesh accelerated to a four-year high of 13.66 per cent last fiscal year from what was in the preceding year.
Banks surpass agri-lending targets
Banks’ financing to the agriculture sector soared 13 per cent year-on-year to Tk 28,391 crore in the fiscal year 2021-22, exceeding their targets set by Bangladesh Bank.
