BB sets 9.0pc lending rate for all sectors The central bank has instructed banks to fix a maximum 9.0 per cent interest rate on all loans except credit cards as part of the government initiative to bring down the lending rate to a single digit. The new instruction will come

Mr. Osman Ershad Faiz Managing Director Mr. Osman Ershad Faiz has assumed the Office of the Managing Director of Dhaka Bank PLC. with effect from January 11, 2026. Mr. Faiz is a seasoned banking professional with over thirty-one (31) years of extensive experience in operations, FinTech innovation & disruption, change/

Suspicious bank transactions up 54pc in FY16 Suspicious transaction reports submitted by reporting agencies including banks and non-bank financial institutions increased by 54.20 per cent to 1,687 in the fiscal year 2015-16 from 1,094 in the FY 2014-15, according to a Bangladesh Bank report to be released soon. The STRs

BB issues new Policy to police Offshore Banking Operations The central bank has issued a new policy asking banks to comply with cash reserve requirement (CRR) and statutory liquidity ratio (SLR) rules for their Offshore Banking Operations. Under the new policy, three-fourths of total outstanding offshore operations’ funds will have

BB unveils H2 Monetary Policy Statement today The central bank is set to unveil its second half-yearly (H2) monetary policy statement (MPS) today (Wednesday) with a likely goal of achieving sustainable economic growth, putting a curb on inflation. Bangladesh Bank (BB) Governor Fazle Kabir will announce the MPS for the