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Can Stimulus Package Revive Private Investment in Bangladesh?

Bangladesh, Aug. 28 -- The central bank of Bangladesh is mobilising BDT 410 billion from 17 cash-rich banks to support a BDT 600-billion stimulus package aimed at reviving private-sector investment an... Read More


Bangladesh Opens Foreign Currency Guarantee Window

Bangladesh, Aug. 27 -- The central bank of Bangladesh has allowed banks to issue foreign currency guarantees and standby letters of credit (SBLCs) on behalf of resident entities representing foreign f... Read More


Bangladesh Bank Cuts Policy Rate to 9.5% After 2 Years

Bangladesh, July 30 -- The central bank of Bangladesh has cut its policy rate, or repo rate, by 50 basis points to 9.5 per cent from the existing level of 10 per cent, marking the first change in the ... Read More


ADB Appoints New Country Director for Bangladesh

Bangladesh, July 30 -- The Asian Development Bank (ADB) has appointed Qingfeng Zhang as its new Country Director for Bangladesh. He started his new role in Dhaka on Thursday. Mr. Zhang will oversee A... Read More


BB Unveils Framework for Bank-Intermediated Cross-Border Digital Payments

Bangladesh, July 29 -- The central bank has introduced a bank-intermediated framework for cross-border digital payments to modernize the payment ecosystem, enhance digital financial inclusion, and sup... Read More