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January 25, 2022 - Md. Kyser Hamid, Managing Director and CEO of Bangladesh Finance Limited and Rahel Ahmed, CEO of Nagad, exchanging document after signing an agreement at Bangladesh Finance head office in the capital on Monday. Under the deal, the finance company will be able to provide various digital transaction related services including opening of savings account and deposit collection, SME loan disbursement and repayable loan installment collection, factoring loan disbursement through ‘Nagad’ from now on. Senior officials from both companies were present.
January 25, 2022 - ICSB ORGANIZED WORKSHOP ON “WRITING MINUTES”
January 24, 2022 - Sheikh Mohammad Salim Ullah, Financial Institutions Division’s Secretary of Finance Ministry, distributing blankets among cold-hit people at Motigonj of Sonagazi Upazilla in Feni district on Friday organized by Rupali Bank Limited. Mohammad Jahangir, DMD, Md Ismail Hossain Sheikh, GM of Cumilla Divisional Office of the Bank and local elites were present.
January 13, 2022 - Tk 600,000 of fish caught at once in Cox’s Bazar
January 13, 2022 - Jahangirnagar University observes 51st founding anniversary
January 12, 2022 - Rezaul made MD & CEO of upay
January 12, 2022 - ABM Mokammel Hoque Chowdhury, Managing Director of Union Bank Limited, distributing blankets among the helpless, sick and cool affected people in the capital recently. Other top officials of the bank were present.
January 12, 2022 - JQM Habibullah, DMD of Islami Bank Bangladesh Limited (IBBL) and Dr Enamul Hoque, Director Operation and COO of Epic Health Care Limited, exchanging document after signing an agreement recently at IBBL Chattogram Zone Office on Monday. Under thedeal, card-holders of the bank will now enjoy special discount in bill payment of the medical center. Top officials from both sides were present.
January 12, 2022 - Mofizur Rahman, Managing Director of Novoair Limited, celebrating its 9th anniversary through cutting a cake at its head office in the capital recently. Top officials of the company were present. 12 January 2022
January 1, 2022 - Sajedul Islam, Director of Aftab Automobiles Limited, presiding over its 41st AGM held through virtually on Thursday. The AGM approved 5% cash dividend and 5% stock dividend to all shareholders for the year ended 30 June 2021. Directors and a large number of shareholders of the company were present.
January 1, 2022 - M. Reazul Karim, Managing Director and CEO of Premier Bank Limited receiving the ‘Letter of Appreciation’ for the outstanding role in distributing 100% of Covid-19 CMSME Stimulus Package in the first phase from Bangladesh Bank Governor Fazle Kabir at the bankers’ meeting held at BB’s head office in the capital on Tuesday.
December 26, 2021 - Rangpur region to produce 63,661 tons of wheat BSS
December 26, 2021 - Climate vulnerable agricultural sectors
December 26, 2021 - Promising new cotton variety may cut Bangladesh’s import dependency
December 26, 2021 - Jessore’s date juice industry in jeopardy
December 26, 2021 - Brac Bank wins 4 prizes at South Asian Business Excellence Awards 2021
December 26, 2021 - REHAB Winter Fair 2021: Plots, flats beyond reach of middle-class
December 26, 2021 - Bangladeshi scientists unveil full genome sequence of salinity and flood tolerant rice
December 18, 2021 - Md Saiful made MCCI president
December 18, 2021 - ICAB gets new body
December 18, 2021 - PM witnesses enthralling cultural show on V-Day and Mujib Borsha celebrations
December 17, 2021 - Brac Bank reappoints Selim RF Hussain as MD, CEO
December 17, 2021 - Bangladesh Bank appoints new executive director
December 16, 2021 - BLRI develops new variety of chicken
December 16, 2021 - 12th International Poultry Show and Seminar will be held in the first week of March 2023
December 14, 2021 - Sheraton appoints Ahmed as Director of Event Management
December 14, 2021 - Marching forward towards a Digital Bangladesh
December 14, 2021 - Finance minister asks taxmen not to exert excessive pressure on taxpayers
December 12, 2021 - Nagad introduces new technological advancement for mobile payments
December 12, 2021 - Md Masud Biswas, newly appointed head of Bangladesh Financial Intelligence Unit (BFIU), pays homage to the portrait of Bangabondhu Sheikh Mujibur Rahman with flowers at Tungipara in Gopalganj on Friday. Other senior officials of BFIU were present.
Developmental central banking key to BD’s faster recovery

Developmental central banking key to BD’s faster recovery

The developmental central banking helped Bangladesh overcome both global financial crisis and the ongoing pandemic as it tried to pursue multiple targets with multiple instruments. Inflation targeting was not its only job. It touched the ground and worked for many. Dr. Atiur Rahman, former Governor of Bangladesh Bank said this at a special discussion meeting organized by the Nepal Rastra Bank at the hotel Marriot in Kathmandu yesterday (26 November).

Chaired by NRB Governor Mr. Maha Prasad Adhikari the program was also participated by Dr. D. Subbarao, former Governor of Reserve Bank of India. This program was organized by Nepal Rastra Bank to share knowledge on central banking with its high officials including Deputy Governors, Board Members, Executive Directors and Directors.

Dr. Rahman in his presentation further said that the central banking in Bangladesh is well known for its innovative programs like financial inclusion, promotion of agriculture and SMEs, women empowerment through refinance, green finance and supporting the government with enough money by expanding its own balance. Its environment, social and governance risk management policy has been pioneering in the world to address climate change.

While doing all this it never forgot its main job of inflation control as well. A strong financial sector also helped Bangladesh reach the bottom of the social pyramid to promote social protection and the real economy. The digital financial services through mobile financial services and agent banking proved critical in early recovery of Bangladesh from the pandemic.

This policy worked for many and not a few. The early policy moves including a huge stimulus package of nearly five percent of GDP helped distressed people cope with the crisis and provided cushion during the shocks.The sustainable finance policy of Bangladesh’s central bank will surely reinforce longer-term climate-friendly initiatives of the government, said Dr. Rahman.

He said the central banking in Bangladesh has proved that developing countries must avoid the policy of ‘one size fits all’ and broaden its focus beyond inflation targeting to support broad-based development processes. For that matter the drive for digitization must continue along with remaining committed to ‘learning by doing approach’ which has been paying Bangladesh so well Dr. Subbarao said that Bangladesh central banking has been led by its leadership with heart and not only head in promoting innovations.

While talking about his own experiences Dr. Subbarao emphasized on credible, down to earth and precise communication by the central bankers to give right signal to the markets. He also favored financial inclusion and making central bank a knowledge institution. The Nepalese Central Bank Governor welcomed knowledge sharing among the central bankers particularly in the wake of the pandemic which has created so many challenges for the economy. He also called for more connectivity and bilateral cooperation in the subregion.

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