The Bangladesh Bank has recruited three firms of accountants to probe the misappropriation of $17 billion from banks. Bangladesh Bank has appointed three of the world’s largest accounting firms—EY, Deloitte, …
-
Business & Economy
The National Board of Revenue (NBR) failed to meet revenue collection targets, resulting in a Tk 42,000 crore deficit for the first five months
The National Board of Revenue (NBR) failed to meet revenue collection targets, resulting in a Tk 42,000 crore deficit for the first five months. The National Board of Revenue (NBR) …
-
Business & Economy
Despite printing money, Bangladesh Bank is facing tough challenges and pressure from the IMF
Despite printing money, Bangladesh Bank is facing tough challenges and pressure from the IMF. Bangladesh Bank’s initiatives to strengthen weak banks have faced considerable hurdles. Despite the fact that printed …
-
Reserves have slipped into the 18-billion area. A payment of 1.5 billion USD was made for import liabilities via the Asian Clearing Union (ACU). After paying its September and October …
-
Cyberattacks on banks are dreadfully increasing: Bangladesh Bank. The trend of cyberattacks on banks in Bangladesh is rising at an alarming rate, according to Bangladesh Bank. In response, the central …