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In January 2025, the Bangladesh Bank reported financial irregularities amounting to Tk 2,300 crore (approximately USD 210 million) in the operations of Nagad. The central bank alleged unreported transactions, regulatory non-compliance, and possible mismanagement of customer funds, raising serious concerns about transparency and oversight.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
On 7 April 1972, after the Bangladesh Liberation War and the eventual independence of Bangladesh, the Government of Bangladesh passed the Bangladesh Bank Order, (P.O. No. 127 of 1972), reorganising the Dhaka branch of the State Bank of Pakistan as Bangladesh Bank, the country's central bank and apex regulatory body for the country's monetary and financial system.
Central bank interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate minus average inflation rate (2017–2021) Afghanistan: 6.00 3.00: 24 July 2021 [3] 3.38 2.62 Albania: 2.75 0.25: 6 November 2024 [4] 1.78 0.97 Algeria: 3.00 0.25: 29 April ...
By the mid-1990s, the bank started to get most of its funding from the central bank of Bangladesh. [23] More recently, Grameen has started bond sales as a source of finance. [ 23 ] The bonds are implicitly subsidised, as they are guaranteed by the Government of Bangladesh, and still they are sold above the bank rate. [ 23 ]
Dutch-Bangla Bank PLC was established under the Bank Companies Act 1991 and incorporated as a public limited company under the Companies Act 1994 in Bangladesh in June 1996. [4] It was a Dutch-Bangladesh joint venture and first Bangladeshi-European joint venture of bank in Bangladesh. [4] [5] DBBL commenced formal operation from June 3, 1996.
On 26 January 2013, Bangladesh Bank issued a ৳ 25 note to commemorate the 25th anniversary (silver jubilee) of the Security Printing Corporation (Bangladesh) Ltd. On the front is the National Martyr's Monument in Savar, the designs of the previous series of the Bangladeshi taka notes and its postage stamps, three spotted deer and the magpie ...
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