New BB governor aims to ‘restore confidence’, cut interest rates - News Summed Up

New BB governor aims to ‘restore confidence’, cut interest rates


Newly appointed Bangladesh Bank Governor Md Mostaqur Rahman has signalled that “restoring trust” in the banking sector will be his top priority, alongside efforts to lower interest rates. Commenting on his vision for the central bank, Mostaqur said: “As you know, the economy and the banking sector face challenges. “God willing, I will first sit in the bank, consult with everyone, and with cooperation, focus on the primary task -- trust-building in banking, restoring discipline. Credit growth is slowing, as you know, so we will work to lower interest rates and stimulate lending.”Mostaqur is the first businessman in Bangladesh’s history to become central bank governor. Before his appointment, he served as chairman of the Bangladesh Bank Standing Committee under the BGMEA, representing garment exporters since July 2025.


Source: bd News24 February 25, 2026 14:07 UTC



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