Bank branches go past 11,000 mark for first time Branches of banks in Bangladesh have gone past the 11,000-mark for the first time despite expanding digitalisation in the financial sector, central bank data showed. Scheduled banks had 11,030 physical branches in October, according to the Bangladesh Bank review of e-banking
Read MoreForex borrowing thru offshore banking to continue Placement of funds from offshore banking operations (OBOs) with domestic banking units will continue to facilitate import payment, at this hour of foreign-exchange crisis worldwide.The central bank Wednesday extended time for fund transfer from OBOs to facilitate settlement of import payments for capital
Read MoreCenbank goes for printing money to support budget Bangladesh Bank created fresh money of more than Tk50,000 crore in the July-December period for budget support, the highest in recent history. The interest rate on long-term government bonds shot up to 8.95% in the last auction called by the Bangladesh Bank
Read MoreYear ends with average inflation of 7.70 pc Though the monthly rate of inflation eased in December last, the just concluded year was marked by a higher rate of inflation of 7.70 per cent on average, compared to 5.54 per cent in 2021. Bangladesh Bureau of Statistics (BBS) released the
Read MoreA Tk 100b bet for boosting exports, forex earnings A Tk100-billion bet is offered for boosting export and foreign-exchange earning as the central bank forms an export pre-finance scheme with the revolving fund under government drive for propping up reserves. People familiar with the development at the Bangladesh Bank told
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