Wednesday, 11 Dec, 2024

Bank

Bangladesh’s forex reserve reaches $27.15bn with IMF loan

<p><strong>Bangladesh received $1.115 billion in the third tranche of the $4.7 billion loan package allocated by the International Monetary Fund (IMF) reaching the country&rsquo;s forex exchange reserves $27.15 billion as of Friday. &nbsp; &nbsp;</strong></p> <p>Md Mezbaul Haque, spokesperson of

Mobile banking operators should be brought under law: CID chie

<p><strong>Mohammad Ali Mia, Criminal Investigation Department (CID) of Dhaka Metropolitan Police (DMP) today (June 30) said mobile banking operators must be brought under law for suspicious and e-money transaction.</strong></p> <p>He said directly or indirectly agents or distributing company of the mobile banking

Remittances hit three-year high to $23.92b in FY24

<p><strong>The country recorded inward remittance inflows worth $23.92 billion in the outgoing fiscal year (FY2023-24), the highest in the past three fiscal years, according Bangladesh Bank data released Monday.</strong></p> <p>The strong remittance inflow trajectory in recent months would help further prop up the

$16.03b: Bangladesh Bank discloses net reserve first time

<p><strong>Bangladesh Bank on Tuesday (July 2), for the first time, disclosed net international reserve (NIR).&nbsp;</strong></p> <p>According to the report, the country&rsquo;s current NIR amounts to $16.03 billion.&nbsp;</p> <p>Executive Director and Spokesperson of Bangladesh Bank

Freeze bank accounts of PM's former peon Jahangir: BB

<p><strong>Bangladesh Bank (BB) has ordered the freezing of the bank accounts of Prime Minister Sheikh Hasina&#39;s former peon Jahangir Alam, his wife Kamrun Nahar and their associated institutions.</strong></p> <p>Masud Biswas, head of the Bangladesh Financial Intelligence Unit (BFIU) at Bangladesh Bank,

BB lends Tk25,000cr to banks in a day

<p><strong>The Bangladesh Bank (BB) has provided Tk25,520 crore to the country&rsquo;s financial institutions mostly as short-term loans to help them meet depositors&rsquo; cash demand which surged following a five-day countrywide closure.</strong></p> <p>The central bank disclosed the liquidity injection

Remittance in July fall by 3.2%

<p><strong>The country&rsquo;s remittances sent by migrant workers from abroad fell by 3.2% last month from the same period last year, largely owing to the five-day internet shutdown imposed to contain violence during the quota reform movement.</strong></p> <p>The inbound remittances were $1.97 billion in July

BB Governor Abdur Rouf resigns

<p><strong>Bangladesh Bank (BB) Governor Abdur Rouf Talukder has resigned from his post on personal ground.</strong></p> <p>He submitted his resignation letter to the Finance Ministry around 3:00pm on Friday.</p> <p>Rouf took charge as the 12th governor of the BB on 12 July, 2022 for a four-year