Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
During the meeting, the central bank ordered the removal of senior officials, including the MD, closely associated with S Alam Group to ensure a transparent investigation and further necessary action. In compliance with these instructions, the Board of FSIB immediately met and decided to send its MD on leave. Meanwhile, Social Islami Bank, which was […]
Various institutions, including banks, financial institutions, insurance and brokerages, had sent a total of 14,106 suspicious transaction reports to the BFIU in the last financial year, while the number was 8,571 in the 2021-22 financial year. BFIU works as a coordination unit of various agencies in the country working to prevent money laundering. Transactions considered […]
Talking about Saifuzzaman Chaudhary’s assets abroad, the BFIU chief said, “ACC has already acted on those who have purchased land and flats abroad. Some cases have already been registered. “Collection of information about others is ongoing.” He also said that he does not always get information from foreign intelligence agencies. That is why the process […]
prothom hello , Even government policy makers admit that the economy is in trouble. But do you see any effective action plan to deal with the crisis? If not, what do you recommend? Salehuddin Ahmed: First of all, policy makers and government officials should pay proper attention to this issue. In many cases they ignore […]
The event, chaired by Javed Akhtar, President of FICCI and Managing Director of Unilever Bangladesh, was attended by businessmen from various sectors and representatives of developing partner countries and agencies. Atiur Rahman presented a paper titled ‘Bangladesh on the path to trillion dollar economy: Opportunities and challenges’ at the event. He said that the depositors […]
Bangladesh will face United Arab Emirates (UAE) in the final of the Youth Asia Cup on Sunday. UAE confirmed its place in the final by defeating Pakistan Under-19 team by 11 runs in the second semi-final today. Ariful got full support from Ahrar Amin and they brought the team closer to victory by making a […]
Jameel M Akbar, Co-Founder and Chief Operating Officer of iPharmar; The signing ceremony was attended by Tarek Riaz Khan, Managing Director and CEO, Padma Bank Limited and Dr. Mohammad Imtiaz Uddin, Deputy Managing Director and CBO, Padma Bank Limited. Other top executives from both the entities include Reesat Haider, head of marketing and operations-agri inputs […]
Uncontrolled inflation rates inevitably reduce the popularity of the government and have a huge impact on low-income people. It is the right of the people to know why inflation could not be controlled. Different laws exist around the world to protect rights and ensure smooth flow of information to the public. Almost all countries have […]
Dr. Mojumdar is an accomplished professional with a career spanning over 30 years in various fields of finance, macroeconomics, international economics, customs, trade facilitation issues, international development, WTO issues and international business coordination. Prior to joining the Energy and Mineral Resources Division under the Ministry of Power, Energy and Mineral Resources, he served as Additional […]
According to Bangladesh Bank records, at the end of December 2022, defaulted loans in the banking sector stood at over Tk 1.2 trillion (120,657 crore), which is 8.16 percent of total disbursed loans. In December 2021, the amount of defaulted loans was a little over 1 trillion taka (103,274 crores); And it was 7.93 per […]
The partnership was inaugurated by cutting the cake at 11 am. Earlier this year on January 15, both the organizations had signed an agreement for partnership. The speakers also said that this initiative would mark a milestone for digital cash transactions. Arinjoy Dhar, Senior Director, BRAC Microfinance said, “BRAC has been working for marginalized communities. […]
Ahsan H Mansoor, former IMF official and executive director of the Policy Research Institute (PRI), said, “I am assuming that some dollars will come in the next two months. But the government must stop selling dollars altogether to keep reserves within the IMF’s June target. He said that the deficit is not that small and […]
The cash-strapped country has been taking major measures to secure IMF funding, including raising taxes, removing blanket subsidies and artificially placing restrictions on the exchange rate. While the government is hopeful of striking a deal with the IMF soon, media reports say the agency is hopeful of a policy rate hike. The next meeting of […]
However, banks that have sufficient liquid assets or a stable funding structure will be able to tide over the issue. The agency said that weaker banks with fewer government securities would find it difficult to access funds from the interbank market. Although banks can fill this liquidity crunch through lending, the cost of such funds […]
Reuters reported last week that India has drafted a proposal for G20 nations to help debtor nations by asking lenders, including the world’s biggest sovereign creditor China, to take drastic cuts on debt. US Treasury Secretary Janet Yellen and German Finance Minister Christian Lindner will attend the meetings and are expected to press China to […]
