Dhaka April 30, 2026, 5:13 pm
Mr Choudhury, Barrister-at-Law, joined AB Bank as a director in 2018
The Anti-Corruption Commission (ACC) filed the case against 17 people on charge of embezzling Tk 1.76 billion through fake work orders and illegal bank guarantees
The central bank also sent show-cause notices to 42 money changers for flouting its rules amid the global dollar crisis
Banks have disbursed Tk 147.46 billion against the target of Tk 193.40 billion for FY22, which is 73.77 percent of the target
Bangladesh Bank (BB) has increased and fixed the interest rate of non-resident foreign currency deposit (NFCD) accounts to encourage inward foreign currency
The disbursement target for the immediate past 2021-22 financial year (FY22) was Tk 0.28 trillion
Central bank asks NBFIs to trim electricity, fuel use by 25 per cent until further instruction
The banking sector is in a very fragile situation. This is the most fragile sector now in the country. It needs reform. It is terrible that the amount of looting, fraud and corruption have been happening in this sector
Banks have to reduce the consumption of gas and lubricant by 20 percent and electricity by 25 percent in the next one year starting from July this year
The central bank has given directive to take necessary action to perform Section 48 of 2022 Finance Act properly in perspective of investing more than five lakh as savings certificate in commercial banks and opening post offi
Grameen Bank’s Managing Director Md Abdur Rahim Khan made the remarks at a view-exchange meeting with journalists held at the Grameen Bank headquarters in the capital’s Mirpur area on Sunday
All the convicts were handed 17-year prison terms
Pandemic lockdowns unlock techno scope
The new order would bar many exporters from diverting their export proceeds
Budget deficit financing swells govt debt
The central bank had earlier asked the banks to set the interest rate in line with the euro currency deposit rates. But through the circular, the BB has now made the rate competitive
The credit is from the World Bank’s International Development Association (IDA), which provides concessional financing, and has a 30-year term, including a five-year grace period
As part of the import monitoring framework, banks will now be required to report all types of foreign exchange transactions, including those of offshore banking operations
The new governor also stressed the need for bringing back stability in the foreign exchange market by stabilising the exchange rate between the Taka and the US dollar
Prior to the new appointment, Abdur Rouf served as senior secretary to the Ministry of Finance
-2022-08-04-09-04-53.jpeg)
-2022-07-25-10-12-42.jpeg)
-2022-07-24-12-41-32.jpeg)
-2022-07-18-16-21-11.jpeg)
