Tag: BB
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Banks to operate on weekend ahead of elections
BM Desk:
In preparation for the upcoming national elections on January 7, Bangladesh Bank (BB) has announced on Thursday that banks will operate with limited...
Central bank exceeds IMF’s year-end reserves target
BM Report:
At the close of December 2023, the Bangladesh central bank's net reserves reached approximately $17.7 billion, surpassing the International Monetary Fund's (IMF) stipulated...
Bangladesh Bank raises repo rate to curb inflation
BM Report:
In a move to combat rising inflation, the central bank of the country, Bangladesh Bank (BB), has announced a 50 basis point increase...
Premier Bank signs BB’s Participation Agreement
BM Desk:
The Premier Bank Limited signed a Participation Agreement with the Financial Sector Support and Strategic Planning Department (FSSSPD) of the Bangladesh Bank for...
Padma Bank signs agreement with BB for disbursement of CMSME sector loans
BM Desk:
Padma Bank Limited signed an agreement with Bangladesh Bank for the disbursement of loans under the refinancing and pre-finance schemes of Tk 25,000...