The system of selling insurance services to bank customers will ultimately expand financial inclusion.
Banks will remain closed on January 7 to help bankers and other employees of lenders cast their votes
The Bangladesh Bank has asked Islami Bank Bangladesh to explain why it is buying US dollars from foreign exchange houses at a rate that is higher than the fixed price.
The devaluation of the taka has squeezed the import capacity of industries, particularly essential commodity importers and exporters
The taka is expected to depreciate further against the US dollar due to huge outflows, says BB
In a groundbreaking move, BB introduced the prompt corrective action (PCA) framework on December 5 to ensure stability in our commercial banks
The government's move to approve bancassurance is an opportunity to make insurance more accessible, trustworthy, and understandable.
The Bangladesh Bank (BB) yesterday relaxed rules regarding encashment of export proceeds in the local currency, taka, in order to encourage exporters to bring receipts.
For the first time, the Bangladesh Bank has decided to determine the rate of foreign exchange, namely the US dollar, to be delivered in future, widely known as forward contract -- a move that has created mixed reactions among businesses.
The system of selling insurance services to bank customers will ultimately expand financial inclusion.
Banks will remain closed on January 7 to help bankers and other employees of lenders cast their votes
The Bangladesh Bank has asked Islami Bank Bangladesh to explain why it is buying US dollars from foreign exchange houses at a rate that is higher than the fixed price.
The devaluation of the taka has squeezed the import capacity of industries, particularly essential commodity importers and exporters
The taka is expected to depreciate further against the US dollar due to huge outflows, says BB
In a groundbreaking move, BB introduced the prompt corrective action (PCA) framework on December 5 to ensure stability in our commercial banks
The government's move to approve bancassurance is an opportunity to make insurance more accessible, trustworthy, and understandable.
The Bangladesh Bank (BB) yesterday relaxed rules regarding encashment of export proceeds in the local currency, taka, in order to encourage exporters to bring receipts.
For the first time, the Bangladesh Bank has decided to determine the rate of foreign exchange, namely the US dollar, to be delivered in future, widely known as forward contract -- a move that has created mixed reactions among businesses.
Non-bank financial institutions (NBFIs) have remained comparatively less regulated owing to a major gap between the Bangladesh Bank and the Bangladesh Securities and Exchange Commission (BSEC) on some provisions relating to corporate governance, according to analysts.