Bangladesh Bank (BB) Urges Vigilance Against Counterfeit Notes During Ramadan Bangladesh Bank (BB) has issued a circular to all commercial banks, urging heightened vigilance to prevent the circulation of counterfeit notes during... Read more »
“Confidence Group, UCB Investment Limited, and Prime Bank Investment Limited Forge Strategic Alliance to Revolutionize Corporate Advisory and Equity Raising in Bangladesh” Industry leaders convened at The Westin Dhaka on March 18... Read more »
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The US dollar price for remittances has seen a decline of Tk 6-8 per dollar over the last 10 days till 15 March, following a period of volatility spanning 20 months. Bankers... Read more »
Despite the economic crisis in the country, the number of crore taka bank account holders increased in 2023, although the growth rate was slightly lower than in the previous year. According to... Read more »
Exim Bank has decided to merge with Padma Bank Limited to form a single entity, confirmed a source at the bank’s board meeting. The decision was made this morning at Exim Bank’s... Read more »
The Bangladesh Bank has issued orders to the top executives of nine commercial banks, instructing them to transfer officials allegedly involved in foreign currency exchange irregularities at Hazrat Shahjalal International Airport. In... Read more »
Following a thorough assessment of appeals from various audit firms in alignment with the enlistment policy, Bangladesh Bank (BB) has opted to augment the existing roster by incorporating eight additional chartered accountant... Read more »
IFC, a member of the World Bank Group, has appointed Imad N. Fakhoury as Regional Director for South Asia. Fakhoury, based in New Delhi, will lead IFC’s strategy and operations in the... Read more »
The recently introduced monetary policy in Bangladesh is criticized for lacking substantial reforms and appears to echo traditional strategies, falling short of delivering tangible impacts on the economy. The primary challenge of... Read more »
The Bangladesh Bank (BB) has implemented a 25 basis points hike in the policy rate, raising it from 7.75% to 8% as part of the newly unveiled monetary policy for the second... Read more »