The central bank has asked banks to take a minimum cash advance from importers while opening letters of credit (LCs) for rice and wheat in order to keep their prices at a tolerable level in the domestic market and ensure smooth supply.

Bangladesh Bank yesterday re-appointed an observer at Islami Bank and dispatched an observer for the first time at First Security Islami Bank (FSIBL) -- the two Shariah-based lenders where Chattogram-based business giant S Alam Group has significant stakes.

Restoring equilibrium in both money market and forex market should be the central bank’s singular goal.

Information about S Alam Group has bought a bank with money from another lender and taken controlling stakes in other banks is surfacing now, but people in the banking sector and involved in economic policy-making knew about the developments, said Ahsan H Mansur, executive director of the Policy Research Institute of Bangladesh.

Misgovernance, corruption, nepotism and subsequent bad debts keep plaguing our banking landscape.

Bangladesh's foreign currency reserves fell below $34 billion today after the central bank sold $71 million in in the interbank market to help banks clear import bills, said a Bangladesh Bank official.

The Bangladesh Bank has found seven counterfeit notes of Tk 500 denomination in the vault of a branch of Jamuna Bank in Sherpur upazila of Bogura.

Why is the amount of default loans increasing day by day?

Bangladesh Bank today formed a Tk 5,000 crore refinance scheme to ensure food security in the country as the banking regulator thinks the world might face a food crisis in the days to come.

Bangladesh Bank Governor Abdur Rouf Talukder has said there will be no foreign exchange crisis from January 2023, as the country's exports and remittances are in surplus compared to imports.

Bangladesh Bank today extended the deferral support for another six months to settle the import orders of industrial raw materials, agricultural equipment and chemical fertilisers.

The Bangladesh Bank today asked banks to provide freelancers with encashment certificates through mobile financial service (MFS) providers so that they can submit the document at the time of income tax payment.

Bangladesh’s banks have Tk 169,586 crore excess liquidity and there is no liquidity crisis in the country’s banking sector, Bangladesh Bank said in an urgent notice today.

Bangladesh Bank today said cases of under and over-invoicing of imported and exported items came to its notice during specials audit.

Users of a mobile financial service (MFS) provider can now transfer money to their counterparts registered with other operators and banks as interoperability among the financial service providers comes into a reality today.    

The Bangladesh Bank today raised the interest rate for loans from its export development fund (EDF) by 1 percentage point with a view to making borrowing costlier and thus saving foreign currencies.

What Bangladeshi economists have been saying for a long time is pretty much what the International Monetary Fund (IMF) has told our central bank and the government.

Bangladesh Bank today announced a new office timing for bankers and banking hours for service seekers beginning from November 15.

Bangladesh Bank has relaxed the age limit for job-seekers in the banking sector due to the impacts of the coronavirus pandemic on the recruitment process.

Bangladesh Bank is anticipating the pressure on the balance of payments will blow over by the end of this fiscal year thanks to hearty assistance from development partners –-- an outlook termed wishful by economists.