- August 11, 2016
The directive was issued to managing directors or chief executive officers of all the scheduled banks
He was the International Monetary Fund (IMF) resident representative in Cambodia during 2011-2015
According to central bank sources, the banks were instructed to submit their progress reports to the central bank on their loan recovery every three months
Wage Earners Welfare Board (WEWB) has given Tk50 crore to turn the Probashi Kallayan Bank (PKB) into a scheduled one
The fund was proposed at a meeting recently with Senior Finance Secretary Hedayatullah Al Mamun in the chair, said officials concerned
The central bank issued a letter to foreign exchange departments of banks on Sunday to make records under international card monitoring system
‘Bangladesh Securities and Exchange Commission will have to approve the bond or debenture investment’
‘We will do the project with our own funds. We want no foreign agency get involved with the project’
The central bank statistics revealed inward remittance was Tk 8,619 cr in the month of March this year ,while it was Tk 10,280 cr in the same period last year
The central bank in a circular issued on Monday thinks the single digit interest rate will encourage women into entrepreneurship
The figure is 20% higher than that of the previous year
Observers feared that Donald Trump’s incoming adminstration – seen as favouring looser regulation of banks and distrustful of multilateral cooperation – would hold up the talks.
In February 2016, hackers stole $81m from Bangladesh Bank’s account with the Federal Reserve in New York
The meeting will seek solutions to the present crises in the country’s central bank
The observations came at a recent Finance Division meeting on capital shortfalls of seven state-owned banks with Finance Minister AMA Muhith in the chair.
At present, a total of Tk2,000 crore has been allocated for recapialisation of the state-run banks.
The probe body is also looking into whether it was an act of sabotage.
National Security Agency’s Deputy Director Rick Ledgett suggested that private sector researchers found links between the Bangladesh Bank heist and the hack on Sony Pictures in 2014, which the US administration attributed to Pyongyang
The scholarships, which amount to a total of Tk1.25 crore
Nothing will work in meeting banks’ capital shortfalls unless they reduce NPL