BB to announce MPS tomorrow

The Bangladesh Bank (BB) will announce its monetary policy statement (MPS) tomorrow for the second half of the financial year 2023-24. BB Governor Abdur Rouf Talukder will announce the MPS through a press conference to be held at the central bank headquarters in Dhaka, said a press release. The governor will also

Digital banks to be profitable 3 years after launching: BB

Digital banks in Bangladesh would be profitable within three years after starting their operation, said Abu Farah Md Nasser, deputy governor of Bangladesh Bank (BB). "From my experience I have expectations that digital banks will be profitable within three years," he said while speaking at a startup summit on Saturday. However, he