31 news articles tagged with "Bangladesh Bank"
Bangladesh Bank has relaxed expenditure limits, allowing banks to spend more on developing business centres, in a move to modernize banking infrastructure.
NCP MP Hasnat Abdullah proposed shortening Bangladesh Bank monetary policy cycle from 6 months to 3 months at the first parliamentary standing committee meeting. BB Governor Mostaqur Rahman described it as "a very good suggestion."
Bangladesh Bank has extended the deadline for banks to settle disciplinary cases against their staff, providing more time for resolution of pending proceedings.
Bangladesh Bank has kept export cash incentive rates unchanged for 43 specified export items in FY2026-27, with rates ranging from 0.30% to 10%, providing stability for exporters.
Bangladesh Bank has issued a comprehensive Master Circular for the Export Development Fund (EDF), consolidating multiple previous circulars and adopting SOFR-based pricing to align with global financial standards.
Bangladesh Bank has eased foreign exchange rules for freelancers, allowing inward remittances up to $20,000 without formal declaration, boosting the country growing IT export sector.
Bangladesh Securities and Exchange Commission Chairman Masud Khan has emphasised that sustainable finance instruments — green bonds, social bonds, sustainability-linked loans — will be critical to funding the country's low-carbon industrial transition.
The International Monetary Fund has projected Bangladesh's GDP growth to slow to 3.5% in FY2027, warning it could weaken further to below 3% over the medium term unless the country undertakes decisive reforms in revenue mobilization, banking sector, and fiscal management.
The International Monetary Fund has conducted a review of Bangladesh's external debt risks, noting concerns about slow loan disbursements and the country's ability to manage its growing external obligations amid economic headwinds.
Bangladesh Bank has eased foreign borrowing regulations for fully foreign-owned companies, allowing them to more easily obtain loans from parent firms, affiliates, and shareholders. The move aims to attract more FDI by guaranteeing low-cost foreign financing for foreign-owned industrial enterprises.
Bangladesh Bank has introduced a bank-intermediated framework linking local banks with foreign payment providers. The guidelines enable AD banks to process outward remittances through partnerships with Cross-Border Digital Payment Service Providers (CDPSPs).
Bangladesh is likely to announce the 9th national pay scale only after IMF loan negotiations conclude in October. The IMF has advised a two-year deferral, citing weak revenue mobilisation and fiscal pressures. The National Pay Commission had recommended 100-140% salary increases.