Bangladesh-Bank

Bangladesh has paid its import bills for the May-June period to the Asian Clearing Union (ACU). A total of $1.314 billion has been paid. Following this, the country's foreign exchange reserves have decreased to $36.17 billion.Today (Tuesday), Bangladesh Bank's spokesperson and Executive Director Arif Hossain Khan confirmed this information.He said, "According to the IMF's BPM-6 accounting method, the current usable foreign exchange reserve of the country is $31.72 billion."Before the ACU payment...

Bangladesh Bank has issued new guidelines aimed at streamlining digital transactions between banks, setting a minimum Merchant Discount Rate (MDR) of 1% (including VAT) for merchant payments made through Bangla QR codes on the National Payment Switch Bangladesh (NPSB) platform. The central bank’s Payment Systems Department-2 (PSD-2) issued the circular on Wednesday, and the new directive took effect immediately. According to the circular, Bangladesh Bank had previously set MDR limits for...

Bangladesh Bank on Tuesday announced its monetary policy for the first half of fiscal year 2026-27 (July-December), keeping the policy interest rate unchanged at 10 percent as inflation remains elevated. Deputy Governor Dr. Habibur Rahman presented the monetary policy under the chairmanship of Bangladesh Bank Governor Mostaqur Rahman. When the policy rate remains unchanged, banks’ funding costs do not decline. As a result, borrowing costs for businesses and industrial entrepreneurs rem...

Bangladesh Bank has announced its new monetary policy for the first half of the 2026-27 fiscal year (July-December), maintaining a tight monetary policy to control inflation. The policy repo rate has been kept unchanged at 10 percent. At the same time, in order to overcome the stagnation in private...

Some laws and regulations in the country's banking sector are creating obstacles to business expansion and new investment, according to Abdul Hai Sarker, Chairman of the Bangladesh Association of Banks (BAB).He said that promising entrepreneurs should not have their opportunities limited due to past...

Following the recent appointment of Khurshid Alam as Chairman of Islami Bank, concerns and unease have arisen among various quarters. Protests have been ongoing since June 1, demanding the cancellation of the Chairman's appointment under the banner of customers. At the same time, many panicked custo...

Bangladesh Bank has provided Tk 2,670 crore in special support to Islami Bank Bangladesh PLC. The information was confirmed by sources within the ailing Islami Bank. The support was extended by the central bank on Sunday (June 14) to address the bank's liquidity crisis.According to discussions...

Six of the country’s ten full-fledged Islamic banks are effectively becoming weak. Despite continuous monitoring by the central bank, the regulator of the banking sector, customers have lost confidence in these institutions. They are unable to withdraw their money. To resolve the crisis, Bangladesh...

Mohammad Ashraful Alam, an Executive Director of Bangladesh Bank, has been appointed as the observer at the Islami Bank.  Bangladesh Bank today reappointed the observer at the Bank amid ongoing turmoil there. The central bank said this appointment has been made with the aim of closely moni...

The Real Estate and Housing Association of Bangladesh (REHAB) has called for the formation of a special housing fund and the introduction of long-term home loans at single-digit interest rates to boost the country’s real estate sector. Meanwhile, Bangladesh Bank is working on a bond-based fina...

A court in Cyprus has ordered the freezing of a property owned by Mohammed Saiful Alam, chairman of the Bangladeshi conglomerate S. Alam Group, and his wife. The order was issued at the request of Bangladeshi authorities as part of an ongoing investigation into bank fraud and money laundering.The ne...

Bangladesh Bank has announced a Tk 60,000 crore refinance and support fund aimed at restarting closed industries, assisting small and medium entrepreneurs, and creating new employment opportunities. The central bank hopes that this initiative will generate employment for over 2.5 million people in t...

During the final eight years of the Awami League government, an abnormal deficit surfaced in balance of payment of the current account. e country’s foreign sector income and expenditure accounts. Between 2016 and 2024, this gap amounted to nearly Tk 8 trillion, or about 63.23 billion US dollars...

Bangladesh Bank has released new 1000, 500, and 10 Taka denomination banknotes into the market, featuring designs of Bangladesh's historic and archaeological architecture.Starting today, Monday (18 May), the issuance of these notes, bearing the signature of the new Governor Md. Mostakur Rahman, has...

The Bangladesh Financial Intelligence Unit (BFIU) has emphasized on the importance of strengthening compliance, reporting, Know Your Customer (KYC) procedures, and risk management among real estate development firms to prevent money laundering and ensure good governance in the housing sector. Meanwh...