Fresh Ad published for BB deputy governors
The government has sought applications for hiring two deputy governors for the central bank in addition to the existing two, officials said
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Category: Bangladesh Bank
BB redistributes portfolios of deputy governors
The central bank of Bangladesh redistributes portfolios of its deputy governors following a protest staged by some employees on its premises on Wednesday
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Banks’ provisioning shortfall falls by 18.13% in Q4
The provisioning shortfall against loans in the banking system has dropped by 18.13 per cent in the Q4 of 2019 on the back of lower growth in default loans
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Banks’ excess liquidity crosses BDT 1.0tn, again
Banks’ excess liquidity crosses the BDT 1.0 trillion-mark again, fuelled by lower private credit growth in a sign that the investment situation has cooled
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Banks allowed forming BDT 2.0b fund for capital market
Bangladesh Bank allows scheduled banks to create a special fund worth BDT 2.0 billion each of five-year tenure, only for investment in the capital market
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Another commercial bank gets BB approval
BB gives its seal of approval to the Bengal Commercial Bank, asking the lender to boost paid-up capital to BDT 5.0 billion within two years
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BB issues policy on share money deposit to encourage FDI
BB announces a policy on share money deposit to facilitate foreign direct investment (FDI) through protecting the interest of foreign investors
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Travellers allowed carrying up to $10,000 in cash now
The central bank of Bangladesh doubles the limit of cash foreign exchange a passenger can carry, inbound or outbound, in relaxation of its regulations
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Remittances grow 21.44% in seven months of FY ’20
Inward remittances grew by 21.44 per cent in the first seven months this fiscal as the government provides incentive to the beneficiaries against remittances
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Govt’s net bank borrowing may cross BDT 600b this fiscal
Government bank borrowing may well cross the BDT 600 billion mark at the end of this fiscal due to lower revenue collection along with minimal sale of NSCs
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Banks asked to ensure tax collection from credit cardholders
BB asks the authorised dealer banks to properly ensure tax collection while their customers are making payments using international credit cards
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Errant banks to face the music for import payment delay
The central bank of Bangladesh will take stringent action against the authorised dealer banks who sidestep making import payment obligations
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