Bangladesh Bank
Farmers Bank Debacle: BB measures not enough
Bangladesh Bank responded very late in dealing with the ailing Farmers Bank, former central bank governors and senior economists said.
28 November 2017, 18:00 PM
Bangladesh Bank wants removal of Farmers Bank MD
Bangladesh Bank has sent a letter to Farmers Bank to remove its Managing Director AKM Shamim.
27 November 2017, 07:48 AM
2 more pvt banks in the offing
Bangladesh Bank is completing the primary process for issuing licences to two more private banks, which analysts claimed would be detrimental to the banking industry and the economy as a whole.
23 November 2017, 18:00 PM
JS committee forms body to probe Agrani Bank ‘loan scam'
A parliamentary body is formed a three-member sub-committee to give recommendations on a Bangladesh Bank report that got huge irregularities in giving loans from the state-run Agrani Bank.
22 November 2017, 16:03 PM
BB to release new notes from Aug 27
Bangladesh Bank is to release new currency notes for Taka 5 and Taka 100 in the market ahead of the Eid-ul-Azha from August 27.
20 August 2017, 14:57 PM
4 of a family can be bank directors
The cabinet approves a draft law, which allows four members of a family to be directors of a bank. The existing law permits two members of a family for the director posts. The cabinet today approved the draft law at the weekly cabinet meeting at the Secretariat in Dhaka with Prime Minister Sheikh Hasina in the chair.
8 May 2017, 09:05 AM
Fire safety at BB HQ 'inadequate'
Fire safety measures were not adequate at the Bangladesh Bank headquarters in the capital's Motijheel, according to a top fire service official.
24 March 2017, 18:00 PM
Bangladesh Bank building fire under control
The fire at the headquarters of Bangladesh Bank in Motijheel area of Dhaka has been brought under control after around an hour. Twelve units of firefighters douse the fire that originated on the 13th floor of the 32-storey building.
23 March 2017, 15:59 PM
Return the cyber heist money
The much-talked about Bangladesh Bank (BB) cyber heist of USD 81 million entered a new twist as Rizal Commercial Banking Corp (RCBC) of the Philippines has stated that there is no need for it to return USD 2.7 million as it was “negligence” on the part of BB that led to the heist in the first place.
30 November 2016, 18:00 PM
SC issues directives for easing fine payment process of the convicts
The Supreme Court issues directives for easing the process of paying fines of the convicts to be released from jail.
20 September 2016, 13:00 PM
No plans to sue Fed, SWIFT, says Bangladesh Bank
Bangladesh's central bank says it has reversed its plans to sue the Federal Reserve Bank of New York and the SWIFT money transfer network, and instead intends to seek their help recovering $81 million stolen by cyber thieves in February.
16 August 2016, 12:24 PM
Bangladesh nears recovery of US$81m stolen funds
Bangladesh Bank is a step closer to recovering a portion of the US$81 million fund stolen by hackers from its account with the Federal Reserve Bank of New York, reports The Philippine Star.
21 July 2016, 14:46 PM
Bank branches at markets to stay open until July 4
To facilitate the shopping spree ahead of Eid-ul-Fitr, branches of banks around marketplaces all over the country will remain open until July 4.
28 June 2016, 06:34 AM
Banks too get 9-day holiday
Bangladesh Bank and all other banks will remain closed for 9 straight days starting Friday, July 1.
26 June 2016, 18:00 PM
Banks to remain open on July 2, 3
All bank branches to remain open on July 2 and 3 in industrial areas of Dhaka, Chittagong, Narayanganj, Gazipur and Savar, to facilitate disbursement of salaries to garment workers.
23 June 2016, 12:29 PM
Dridex malware linked to BB heist
Investigators links malware used by Russian and eastern European cybergangs to a string of bank heists that culminated in the record-breaking theft of US$81 million from Bangladesh's central bank, people familiar with the probe said.
18 June 2016, 11:37 AM
US attorney in Manhattan probes BB cyber heist
US attorney's office opens probe of cyber heist of $81 million from Bangladesh Bank's account at the Federal Reserve Bank of New York, a law enforcement source says.
16 June 2016, 11:18 AM
Farashuddin wants further probe
The government should carry out further investigation to find out whether the suspected Bangladesh Bank officials were really involved in the $101 million cyber heist, says Mohammed Farashuddin, head of the three-member body that probed the theft.
8 June 2016, 18:00 PM
2 Bangladesh Bank brasses under graft radar
An inquiry has been launched against two executive directors of Bangladesh Bank for their alleged involvement in corruption and misappropriating money.
5 June 2016, 11:26 AM
NY Fed first rejected cyber-heist transfers, then moved $81m
Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a Bangladesh Bank account to cyber thieves, the Fed branch blocked those same requests because they lacked information required to transfer money, according to two people with direct knowledge of the matter.
4 June 2016, 05:28 AM