Bank & Insurance

IMF to probe ‘NPL data concealment’ in Bangladesh’s banking sector

IMF to probe ‘NPL data concealment’ in Bangladesh’s banking sector

The International Monetary Fund (IMF) is set to launch an investigation into the years-long concealment of a staggering volume of non-performing loans (NPLs) in Bangladesh’s ...

 Nov. 05
BB set to issue 7th investment sukuk bond worth Tk 2,500 crore

BB set to issue 7th investment sukuk bond worth Tk 2,500 crore

The Bangladesh Bank is preparing to issue the 7th 'Bangladesh Government Investment Sukuk' (Islamic bond) valued at Tk 2,500 crore.The Sukuk is aimed at funding the Important Rural Infrastructure Development Project for Noakhali, Feni, and Lakshmipur (IRIDPNFL) districts....

 Nov. 04

IMF-WB proposes unified debt management office in Dhaka to strengthen public debt governance

IMF-WB proposes unified debt management office in Dhaka to strengthen public debt governance A joint International Monetary Fund (IMF) and World Bank technical assistance mission has recommended the establishment of a unified Debt Management Office (DMO) in Bangladesh to s...

Nov. 04

BB directs MFS providers to halt online gambling transactions

BB directs MFS providers to halt online gambling transactions Bangladesh Bank has issued an urgent directive to all Mobile Financial Service (MFS) providers to immediately stop financial transactions linked to online gambling.The central bank...

Nov. 04