Bank heist report not yet, Muhith reaffirms Finance Minister AMA Muhith reiterated that the probe report on the heist in Bangladesh Bank’s account with the US Federal Reserve Bank wouldn’t be published yet, but expressed the hope that the entire sum would be recovered. But it’ll take time, he said

Country moves to import cash dollar The central bank of Bangladesh moves to import cash US dollar through a commercial bank to feed a growing demand for the greenback on the market. Officials said the disclosure was made at a meeting of bankers, held in the central bank headquarters in

BB wants out-of-court settlement too Dhaka is likely to propose an out-of-court settlement, in a major policy shift, for the recovery of the rest $66 million of the country’s stolen reserve fund from Manila. Officials, quoting a latest position paper of the Bangladesh Bank, said that finance minister AMA Muhith

NPLs swell 19.51pc in 2017 The volume of non-performing loans (NPLs) in the country’s banking system jumped 19.51 per cent or Tk 121.31 billion in the last calendar year (2017) despite close monitoring of the central bank. The NPLs rose to Tk 743.03 billion as on December 31 last year,

BB asks banks to bring down lending rates to single digit The central bank of Bangladesh has asked the banks to take effective measures to bring down the interest rate on lending to single digit from the existing level as soon as possible. The advice was made at two separate