Bangladesh Bank deposits record Tk 15,100 crore to treasury from FY 2023-24 net profit

Bangladesh Bank reported record profits for fiscal year 2023-24, with total profits reaching Tk 40,000 crore and net profits of Tk 15,100 crore. The increase is attributed to significant US dollar sales from reserves and increased short-term lending to commercial banks. The bank lent Tk 32.21 lakh crore to commercial banks and sold $12.79 billion from foreign exchange reserves. After expenses, Tk 15,100 crore was deposited into the government treasury. Central bank officials will receive a bonus of five and a half months’ basic salary.READ FULL