BB

Bangladesh's imports stood at nearly $32 billion in fiscal 2010-11, up 35 percent year-on-year. Latest data showed imports grew in all major sectors from consumer items to intermediate goods, industrial raw materials, capital machinery and petroleum products.

Bangladesh Bank (BB) today introduced online Credit Information Bureau (CIB) reports, upgrading the country's financial sector to the scale of developed world to ensure more transparency, accountability and efficiency in lending activities of banks and non-banking financial institutions.

Taka continued to depreciate in the past week on the foreign-exchange market, ramping up the already high rate of inflation and intensifying the pressure on the country’s balance of payments.

Former BB governor Dr Salehuddin Ahmed said corporate governance had a very important role in carrying out daily banking operations smoothly.

Bangladesh Bank Governor Dr Atiur Rahman on Saturday asked all central bank branches across the country to set up ‘Help Desk’ for better service to the people.

The Bangladesh Bank (BB) has sounded warning bells on the country's Balance of Payments (BoP) situation, which, it fears, might come under 'tremendous' pressure in the coming months if the current trend in import demand and growth of domestic credit persists.

The country's total external debt stood at nearly US$ 23 billion as the public and private sectors had borrowed money to improve the country's weak infrastructure, eliminate poverty and upgrade industrial and service sectors, officials said Saturday

Most private banks clocked up significant growth in profit in the six months to June despite a fall in contributions from the stockmarket and liquidity