Probashi Kallyan Bank to be scheduled bank
Bangladesh Bank approves conversion of the state-run Probashi Kallyan Bank (PKB) into a scheduled bank to expand its business further, officials said
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Category: Bangladesh Bank
Bangladesh introduces contactless payment service
Bangladesh Bank introduces a contactless payment service using the near-field communication (NFC) technology to make card-based transactions easier
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BB starts formulating MPS curbing inflation may get priority
Bangladesh Bank starts preparations to formulate next monetary policy, giving top priority to curb the rising trend of inflationary presuers on the economy
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BB for careful monitoring of inflationary pressure
Moderation of inflationary pressures needs to be closely monitored to ensure inflation expectations remain well-anchored, the central bank says
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BB to start formulating growth-supportive MPS
BB is set to start preparations to formulate upcoming monetary policy, giving priority to achieve maximum growth with keeping the inflation under control
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Bangladesh forex reserve falls to $31.93bn after ACU payment
Bangladesh’s foreign exchange reserve (forex) falls below US$32 billion again on Wednesday following a regular payment to the Asian Clearing Union (ACU)
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State banks to provide funds to PCBs at 6.0% interest
The state-run banks agrees to provide deposit to the private commercial banks (PCBs) at 6.0 per cent interest rate for implementing the single-digit lending rate
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Bangladesh’s inward remittance jumps by 17% in FY 18
The inflow of remittance jumps by more than 17 per cent in the just-concluded fiscal year following higher fuel oil prices in the global market
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Bangladesh’s banks to remain open on Saturday
Bangladesh Bank asks all scheduled banks keep open their branches concerned on June 30 to help taxpayers pay income tax and submit challan of VAT, taxes and pay-orders
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Bangladesh’s NBFIs asked to rationalize deposit rates
The central bank of Bangladesh asks the non-banking financial institutions (NBFIs) to fix the interest rates on deposits at reasonable level for ensuring stability in the financial sector
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Call money rate stable before Eid festival
The inter-bank call money rate remains almost stable on Thursday, the last working day before the Eid festival, despite higher withdrawal of cash from the banks
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Banks’ excess liquidity increases 11% in April
The overall excess liquidity in the banking system increases by nearly 11 per cent in April as the central bank slashed the cash reserve requirement (CRR)
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