UCB signs deal with BB

A signing ceremony was held for Long Term Financing Facility (LTFF) under Financial Sector Support Project (FSSP) between Bangladesh Bank and United Commercial Bank Ltd (UCB) on December 01, 2015 at Jahangir Alam Conference Hall of Bangladesh Bank. Mr. Md. Ahsan Ullah, Executive Director and Project Director of FSSP, Bangladesh Bank and Mr. Mohammad Ali, Managing Director of UCB signed the agreement on behalf of the respective institutions. The Honorable Governor of Bangladesh Bank Dr. Atiur Rahman graced the occasion with His presence. Among others Mr. S. K. Sur Chowdhury, DG, BB & Ms. Nazneen Sultana, DG, BB and representative of the World Bank were also present on the occasion.

News Source:

Daily Sun

Date: 2-Dce-2015

Atiur for socially responsible financing

Bangladesh bank’s governor Mr. Atiur Rahman emphasized that higher access to finance enhances social and economic stability.

Bangladesh Bank Governor Atiur Rahman has advised financial regulators to focus on financial inclusion including micro-insurance, micro-finance and socially responsible financing (SRF) for ensuring economic stability.

Addressing the 24th meeting of the Council and the 12th General Assembly of Islamic Financial Services Board (IFSB) in Brunei Darussalam yesterday, he made the call saying that financial inclusion and SRF would not only for improving the condition of the disadvantaged, but also for wider objective of achieving financial stability.

Islamic Development Bank (IDB) president, governor of Sudan and chairman of Financial Supervision Authority of Indonesia supported Dr. Rahman’s views on micro-finance including Islamic micro-finance, according to a BB press release issued here.

Dr. Rahman also suggested IFSB to do more research and advocacy on capacity building of different central banks on their regulatory and supervisory role related to Islamic financing.

In addition to attending the Council meeting, the BB governor joined in the annual general meeting and a public lecture on financial stability.

News Source:Daily Sun

Date: 29-Mar-2014

Career and jobs in Bangladesh Bank

Bangladesh Bank, the central bank and apex regulatory body for the country's monetary and financial system, was established in Dhaka as a body corporate vide the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) with effect from 16th December, 1971. At present it has nine offices located at Motijheel, Sadarghat, Chittagong, Khulna, Bogra, Rajshahi, Sylhet, Barisal and Rangpur in Bangladesh; total manpower stood at 5071 (officials 3914, subordinate staff 1157) as of end FY 2010.

Functions

BB performs all the core functions of a typical monetary and financial sector regulator, and a number of other non core functions. The major functional areas include :

Formulation and implementation of monetary and credit policies. Regulation and supervision of banks and non-bank financial institutions, promotion and development of domestic financial markets. Management of the country's international reserves. Issuance of currency notes. Regulation and supervision of the payment system. Acting as banker to the government . Money Laundering Prevention. Collection and furnishing of credit information. Implementation of the Foreign exchange regulation Act. Managing a Deposit Insurance Scheme .

 

Current Jobs circular In Bangladesh Bank

Website:- www.bangladesh-bank.org