Bangladesh Bank (BB) | The Daily Star
  • 3-wheelers to be taxed

    3-wheelers to be taxed: NBR in pre-budget talks

    CNG-driven auto-rickshaws and other engine or battery-driven three-wheelers will be brought under the tax scheme in the upcoming budget, National Board of Revenue (NBR) says.

  • Online fund transfer to any bank from June

    Fund transfer to any Bangladeshi bank account through online banking will become possible from June, in a development that promises to be a great timesaver for bank customers.

  • Bangladesh Bank launches mobile app

    Banks now to get cheaper BB funds

    Bangladesh Bank has made funds cheaper for all banks by reducing its repo rate by 75 basis points to 6 percent.

  • Default loans of Banks

    Bad loans soared 20pc in 2017

    Banks' default loans surged 19.51 percent in 2017, as the Bangladesh Bank's efforts to rein in bad loans are going to vain.

  • Bangladesh Bank logo

    BB move to cheer up stocks as well

    The central bank's move to extend the deadline for lowering the banks' loan-deposit ratio will give a boost to the stock market,

  • Bangladesh Bank cyber heist

    BB to sue Rizal bank over heist

    Bangladesh Bank has decided to sue the Rizal Commercial Banking Corporation of the Philippines for its role in the cyber heist of $81

  • Bangladesh Bank logo

    BB to sue Manila-based RCBC

    Bangladesh Bank decides to sue the Manila-based Rizal Commercial Banking Corporation against its role in stealing $81 million from the BB's account at the New York Fed more than two years ago.

  • BB cuts credit-deposit ratio by 1.5 percentage points

    Bangladesh Bank slashes loan-deposit ratio by 1.5 percentage points to 83.5 percent in a bid to tighten bank’s capacity to lend.

  • ‘BB probing loss of $75 billion for trade misinvoicing’

    State Minister for Finance and Planning M Abdul Mannan tells the parliament that the government has instructed the Bangladesh Bank to investigate into the allegation of losing $75 billion due to trade misinvoicing and other unrecorded outflows between 2005 and 2014.

  • Bangladesh Bank logo

    Bangladesh Bank raises SME loan ceiling

    The Bangladesh central bank raises the ceiling of loan facilities to small and medium enterprises (SME), micro and cottage type industries to facilitate financing to help boost trade.

  • FireEye, Bangladesh Bank, Bangladesh, Bangladesh heist probe, cyber heist, cyber crime, Phillipines, SWIFT, US Federal Bureau of Investigation, Sri Lanka

    BB unlikely to extend FireEye contract for heist probe

    Bangladesh's central bank is unlikely to extend the contract of US cyber security firm FireEye to investigate the electronic theft of $81 million of its money, sources at the bank say, citing high costs as one of the factors.

  • The Immediate Tasks at Hand

    More than three months have passed since the Bangladesh Bank (BB) heist, and in the interim much water has flown down the Padma, Meghna,

  • BB heist: Govt determined to take steps against all, says Muhith

    Finance Minister AMA Muhith says that the government is determined to bring all those involved in stealing money from the central bank’s account with Federal Reserve Bank of New York – be it foreigners and local.

  • Bangladesh will get stolen funds back: Philippine justice dept

    The Department of Justice (DOJ) assures that the money stolen by hackers from the Bangladesh Bank will be returned to its government as soon as possible but procedures have to be followed.

  • Philippine banks seen to address vulnerabilities vs fraud

    Philippine banks are seen to reexamine vulnerabilities to potential fraudsters in order to avoid a repeat of the $81-million money-laundering scandal that has now become a global spectacle.

  • BB heist: Chinese trader returns $4.34m

    Casino junket operator Kim Wong returns another $4.34 million to the Anti-Money Laundering Council (AMLC), which was believed to be part of the alleged $81-million stolen funds from the Bangladesh’s central bank.

  • High-powered taskforce formed to recover BB money

    The government forms a high-powered taskforce to recover the money hacked from the Bangladesh Bank's account with the US Federal Bank in New York.

  • Bangladesh Bank

    Dhaka bank sent 3 urgent messages

    Three messages sent by the Bangladeshi central bank to the Rizal Commercial Banking Corp. (RCBC) on the morning of February 9, alerting the Yuchengco-controlled financial institution to the dubious provenance of the $81 million that was later revealed to be the largest money laundering caper in Philippine history.

  • Stop payment orders from BB 'vague': RCBC

    Rizal Commercial Banking Corporation (RCBC) says the bank could have held the stolen US$81 million if only the Bangladesh Bank sent "high priority messages."

  • BB heist: WB for including casinos in Philippines dirty money law

    The Philippines must make sure casinos are covered by anti-money laundering legislation, the World Bank says, joining calls for the government to better regulate its gambling industry after stolen millions from Bangladesh found their way to Manila.

  • BB fund heist: CID team to visit Philippines tomorrow

    A three-member team of Criminal Investigation Department (CID) will visit Philippines tomorrow night to coordinate with Philippine authorities on the money-laundering case over heist at Bangladesh Bank reserve account.

  • Reducing cyber risk of banks

    Guidelines on Internal Control & Compliance for Banks were issued by the central bank on March 8, 2016, which recommended the commercial banks to take insurance as a risk mitigation measure. Such insurances are not over-the-counter products, and must be customised as per each bank's unique exposures.

  • FBI to assist CID to identify hackers

    Federal Bureau of Investigation (FBI) is to team up with Bangladesh police’s Criminal Investigation Department (CID) to investigate the cyber heist at Bangladesh Bank’s account with New York’s Federal Reserve Bank.

  • Exit of a good man

    The former Bangladesh Bank (BB) governor must be lauded for taking the moral responsibility for the bank's financial mishap that led to a US$101 million heist from BB account at the New York Fed.

  • Need for better systems and protocols

    The news that foreign hackers attempted to off $101 million from Bangladesh Bank's account with the Federal Reserve Bank of New York need not be viewed as a catastrophic failure...

  • US Federal Reserve Bank to be sued: Muhith

    The Federal Reserve Bank of New York will be sued following the hacking of around $100 million (Tk 780 crore) from foreign currency account of Bangladesh Bank, Finance Minister AMA Muhith tells journalists at his finance ministry office.

  • 709 cops punished in 5yrs: IGP

    Punitive measures are taken against 709 policemen on different charges during the last five years, Inspector General of Police (IGP) AKM Shahidul Hoque says today.

  • SI Masud should be dismissed: HC

    The High Court observes that sub-inspector Masud Shikder has committed a criminal offence by detaining and torturing bank official Golam Rabby.

  • Traumatised BB official hospitalised

    A Bangladesh Bank official traumatised by alleged police torture is admitted to the Dhaka Medical College Hospital (DMCH).

  • Observers to sick banks

    In a bid to halt the increase in non-performing loans (NPL) in four state-owned banks (SoBs) -- Sonali, Janata, Rupali and Agrani -- Bangladesh...