269 news articles tagged with "Bangladesh Bank"
Bangladesh taka depreciated only 0.59% vs USD Mar 2025-2026, BB quarterly report shows. Only Cambodia better (0.44%). India rupee -8.94%. Reserves at $31.60B (up from $24.86B). Dollar at Tk 123.81 on Aug 4.
Bangladesh agri lending rose 15% to Tk 42,834 crore in FY26, exceeding BB target by 109.83%. Specialised banks: 123.4% of target. Recovery up 20% to Tk 45,627 crore. Overdue loans fell 8.43%. Islamic banks only category to miss target.
BB eased import declaration rules for intercompany transactions. No longer need "no relationship" declaration. Must declare arm's length pricing. Authorized Dealers to process before transactions.
Bangladesh Bank lifted lending caps on Sonali Bank's 5 major corporate branches. Previous limits ranged Tk 50M-Tk 200M. Caps first introduced 2007 under World Bank reform programme, tightened after 2012 Hall-Mark scam.
Bangladesh launches National Rating System (NRS) at ICT Division. 4-pillar framework with 131 indicators, 5-point scale, A-E letter grade. 188 cyber incidents reported in 2024. 13.6 crore internet users.
Bangladesh banks cut deposit rates 50-100 bps from August 1, pushing yields to 8.50-9% against 9.16% inflation. BB cut policy rate to 9.50%. Surplus liquidity rose to Tk 3,27,877 crore. BIBM former DG questions move.
Foreign loan commitments collapsed 37% to $5.24B in FY26 from $8.32B. Debt servicing rose to $4.49B. Remittances up 15% in July but below $3B benchmark. Selim Raihan warns external cushion thinning.
Bangladesh taka falls to Tk 123.88 per dollar as import demand pressures forex. Imports grew 6.26% to $64B in July-May. Exports fell 2% to $40B. BB stopped buying USD since June 8 after purchasing $6.4B in FY26.
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.
Anis Ahmed, founder and Group CEO of Singapore-based MGH Group operating in 26 countries, has been elected Chairman of Eastern Bank PLC (EBL) effective July 27, 2026. He previously served on EBL's Executive Committee and as Chairman of its Risk Management Committee.
Bangladesh received $2.437 billion in workers' remittances in the first 26 days of July 2026, registering 26.1% year-on-year growth, Bangladesh Bank data shows. Expatriates sent $138 million on July 26 alone, supporting forex reserves and external sector stability.