BB asks banks to submit monitoring report by Oct Bangladesh Bank (BB) has asked the scheduled banks to submit the monitoring report on money laundering and militancy financing issues before the central bank after investigating all branches within October. BB gave the instruction over the last two days to all

Bangladesh Bank finds macroeconomic outlook impressive: Domestic demand, food bounty, and political peace help The central bank sees country’s macroeconomic outlook for this fiscal year (FY) “impressive” for some major boosters. Increased domestic demand, prospective food production and a stable political situation helped a great deal in the turnaround, says

GDP growth to reach 8.13pc this fiscal As per the Government’s provisional data, the country’s economy is estimated to grow 8.13 per cent in the current fiscal year (FY), buoyed by the strong performance of the industrial and service sectors. Finance Minister AHM Mustafa Kamal disclosed the GDP growth rate

Three Banks to open KSA Branches soon Three commercial banks are set to open branches in Saudi Arabia this year as they got the Bangladesh Bank’s go-ahead to this end. As per the Officials, Sonali Bank, Social Islami Bank and Exim Bank will open branches in compliance with the customary

Proposed KEZ set to get licence The proposed Kishoreganj Economic Zone (KEZ), a venture of Nitol Niloy Group, is set to obtain licence from the authorities concerned. As per the officials, the zone would be established on 91.63 acres of land in Pakundia Upazilla, next to Bhairab-Kishoreganj highway. It received