Bangladesh Bank

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16236

88-02-9511771

bb.focalpoint@bb.org.bd

General information of BANGLADESH BANK

Head Office

Motijheel C/A, Dhaka, Bangladesh

Known As

Bangladesh Bank

SWIFT Code

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Stock Code

Type

Central Bank

Origin

Local

Description

Bangladesh Bank is the 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. Currently it has ten offices located at Motijheel, Sadarghat, Chittagong, Khulna, Bogra, Rajshahi, Sylhet, Barisal, Rangpur and Mymensingh in Bangladesh; total manpower stood at 5807 (officials 3981, subordinate staff 1826) as on March 31, 2015.

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 .

Schedule of Charges

Established

1971