Bangladesh Bank Governor has assured liquidity crisis resolution for pvt banks: Abdul Awal Mintoo

Prominent businessman Abdul Awal Mintoo today said that Bangladesh Bank Governor has assured private commercial banks of resolving their ongoing liquidity crisis within a short time. “There are various problems in the banking sector. We have discussed these with the central bank governor and sought cooperation. The governor has assured us

BB won’t print new notes to fix financial crisis: Governor

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur today said the central bank will not print any fresh money to lend to the government for solving financial crisis. “Moreover, we will no longer sell dollars from the country's foreign exchange reserves to address the problems in the financial sector. Inflation will

BB raises cash withdrawal limit to Tk 4 lakh daily

Bangladesh Bank (BB) has ordered commercial banks not to allow cash withdrawals of more than Tk 4 lakh per account daily. Earlier, the limit was Tk 3 lakh. The central bank has hiked the limit once in each of the previous three weeks, which it imposed after the deterioration of the law

BB could not function properly under previous govt: CPD

Professor Mustafizur Rahman, a distinguished fellow of the Centre for Policy Dialogue (CPD) said Bangladesh Bank (BB) could not function properly under the last government despite having sufficient legal authority. He said this while speaking as the chief guest at the shadow parliament event organised by Debate for Democracy held at

BB will not provide illegal liquidity support to any bank

Bangladesh Bank (BB) Governor Dr. Ahsan H. Mansur Tuesday said the central bank will not provide illegal liquidity support or other facilities to any bank. "The depositors have the right to withdraw money from the ailing banks and the banks will be liable if they have lost confidence of their clients.