Md Monirul Islam
Role of Inward Wage Remittance in BOP Inward wage remittance refers to money sent home by Bangladeshi workers employed abroad. These workers are in countries such as Saudi Arabia, UAE, Qatar, Kuwait, Malaysia, and the USA. These remittances are recorded…
Md Monirul Islam
Treasury functions are performed by three distinct offices under separate supervision: the Front Office, the Mid Office, and the Back Office. This separation is essential to prevent conflicts of interest and ensure proper risk management and control. Front Office The…
Md Monirul Islam
Social risk refers to the potential adverse impacts of a bank’s lending decisions on workers, communities, and society arising from the business activities of the bank’s clients. The core objective of the ESRM Guideline is to require banks to integrate…
Md Monirul Islam
What is E-KYC? E-KYC (Electronic Know Your Customer) is the digital process of verifying a customer’s identity using electronic means such as biometric verification, national ID card databases (NID), and digital forms — instead of physical paper-based documentation. Bangladesh Bank…
Md Monirul Islam
Cash Transaction Report (CTR) CTR (Cash Transaction Report) is a mandatory report that banks must submit to the Bangladesh Financial Intelligence Unit (BFIU) for all cash transactions — including online and ATM transactions — in a single day that amount…
Md Monirul Islam
What is Asset Liability Management (ALM)? Asset Liability Management (ALM) is an essential process for banks that manages the risks arising from mismatches between assets and liabilities on the balance sheet. It aims to ensure maximum structural balance sheet stability…