BB allows MFS to bring remittance

Economy BB allows MFS to bring remittance Bangladesh Bank (BB) has allowed Mobile Financial Service Providers (MFSPs) to fetch remittances of wage earners in Bangladesh. “To bring in greater flexibility, licensed MFSPs shall be permitted to provide payment gateway services to wage earners in association with internationally recognized online payment gateway service providers (OPGSPs) or […]

BB releases annual report

Bangladesh Bank expelled a annual inform for mercantile 2010-2011 upon Monday, after a check of over 4 months. The inform was expelled during about 10:00am though arranging any ceremony.The tough copies of a 260-page inform will be sent to a Prime Minister, a Finance Minister, a Finance Secretary, economists, researchers as well as journalists, pronounced […]

Forex pot set to tumble to shocking level

The country’s unfamiliar sell pot have been expected to tumble to an shocking level, some-more specifically, subsequent a US $9-billion mark, a executive bank source said. The volume proves unsound to encounter 3 months’ import costs by subsequent week, when a Bangladesh Bank (BB) clears a bi-monthly complement due to a Asian Clearing Union (ACU), […]

Banks beef up quarrel opposite risk

Banks right away have to say a aloft collateral — during 10 percent of their risk-weighted resources — from Jul 1 in line with a gauge which came as a Basel II requirement. Risk-weighted collateral item comparative measure (RWCAR), which is an critical pillow to strengthen depositors or alternative lenders opposite astonishing shocks, was 9 […]

BB Chief Stresses e-payment At Banks

In a convention patrician `E-Payment in Bangladesh: Opportunities as good as Challenges’ mutually orderly by The Bangladesh Bank (BB) as good as Dhaka Chamber of Commerce as good as Industry (DCCI), Bangladesh Bank Governor Dr Atiur Rahman stressed introducing electronic payments during all banks for facilitating fast, protected as good as secure income send to […]