Economy

Fri, 17 Jan 2025, 03:03 am

শিরোনাম :

Israel continues strike on Syria military sites Rayo stymie Real’s climb to Liga summit Tk 14,000 set as minimum wage for cold storage workers BNP suggests reforms for public administration overhaul Probes, trials of war crimes cases stalled Coldwave hampers daily life across Bangladesh Dhaka becomes 3rd most polluted city with AQI score of 283 Body of JU student recovered from dormitory 550 individuals’ Tk 15,000cr frozen for investigation Financial Accountability: Critical step towards new future

Economy

Crisis in banking sector: Depositors’ concerns grow amid turmoil

Amidst the ongoing instability and recent changes in government, the already troubled banking sector in Bangladesh is encountering fresh turmoil. Protests demanding changes in bank ownership and related reforms have

Two deputy governors, BFIU head resign amid protest

Bangladesh Bank’s two deputy governors and the head of the Financial Intelligence Unit (BFIU) have finally submitted their resignations to the government under pressure from officials. Apart from this, the

BB raises cash withdrawal limit to Tk 2 lakh

A bank account holder can withdraw cash up to Tk 2 lakh a day for this week given the current security situation, according to a Bangladesh Bank circular. The central bank

BB deputy governors forced to leave amid acute protests

A group of aggrieved Bangladesh Bank officials staged a demonstration in front of the office premises on Wednesday, forcing three deputy governors to leave. Deputy governor Sayedur Rahman resigned to

Number of BO accounts drops by 1,07,186 in July

The number of beneficiary owner’s accounts has seen a significant decline in July, amid prolonged dullness on the country’s stock market and economic worries. According to Central Depository Bangladesh Limited

Banks face cash withdrawal surge as branches reopen

Banks experienced a surge in cash withdrawals today as they reopened certain branches following three days of additional general holidays. Many people also visited branches to pay electricity, gas and

BB orders freezing of PM’s former assistant’s accounts

Bangladesh Bank on Sunday ordered the freezing of bank accounts belonging to Prime Minister Sheikh Hasina’s former personal assistant Jahangir Alam, his wife Kamrun Nahar and institutions associated with the

Reserves fall to $20.46 billion after ACU payment

Bangladesh’s foreign exchange reserves fell below $21 billion after the payment of $1.42 billion in import bills through the Asian Clearing Union (ACU). The ACU payments for May and June

Bank Asia begins acquisition of Bank Alfalah’s Bangladesh operations

Bank Asia has commenced the process of acquiring the Bangladesh operations of Pakistan-based Bank Alfalah. This marks the third foreign bank acquisition by Bank Asia. In 2001, Bank Asia

Cash outside banks rises for 7th straight month

The amount of cash held outside the country’s banks increased for the seventh consecutive month in May amid low confidence of depositors in the banking sector and high inflationary pressures.