• Saturday, Jul 04, 2020
  • Last Update : 08:48 am
Bangladesh Bank asks banks to disburse...

Banks told to disburse stimulus funds...

Banks

Fri, Jul 3 2020

The government earlier announced stimulus packages over Tk1 lakh crore to tackle the economic impact...

Remittances, forex reserves hit record...

Remittances, forex reserves hit record...

Banks

Thu, Jul 2 2020

The remittance had hit the new record due mainly to the 2% incentive on inward remittance

Stimulus loans: BB approves Tk4, 000cr...

Stimulus loans: BB approves Tk4, 000cr...

Banks

Thu, Jul 2 2020

After verifying the proposals, the Bangladesh Bank (BB) had so far approved loans in favour of 300 firms,...

First half of 2020: Operating profits...

First half of 2020: Operating profits...

Banks

Wed, Jul 1 2020

It is found that most of the banks’ faced slow growth in their profits compared to a year...

Banks, bourses to remain closed on...

Banks, bourses to remain closed on...

Stock Market

Tue, Jun 30 2020

Banks and financial institutions will not provide services for their clients due to the bank holiday...

10 banks hold 63% of country's non-performing...

10 banks hold 63% of country's non-performing...

Banks

Tue, Jun 30 2020

Of the 10 banks, four were state owned commercial banks, two state owned specialized banks, three private...

BB Governor: Not just a central banker,...

BB Governor: Not just a central banker,...

Bangladesh

Sun, Jun 28 2020

He had a soulful relationship with Bangladesh Bank, the governor says

BUILD for continuing benefits of good...

BUILD for continuing benefits of good...

Banks

Sat, Jun 27 2020

'BUILD thinks the good borrowers deserve patronization in various forms including rebate or...

Banks asked to lend stimulus loans in...

Banks asked to lend stimulus loans in...

Banks

Thu, Jun 25 2020

The central bank extended the time for lending with a view to ensure that low-cost loan facilities could...

Covid-19 fallout: Income drops to create...

Covid-19 fallout: Income drops to create...

Economy

Wed, Jun 24 2020

Under a post-lockdown optimistic scenario, the country’s overall poverty would increase by 25.13%,...

Money changers licence renewal made...

Money changers licence renewal made...

Banks

Tue, Jun 23 2020

'Considering the business situation due to the breakout of Covid-19, it has been decided that applications...

HSBC arranges country's first sustainability...

HSBC arranges country's first sustainability...

Banks

Tue, Jun 23 2020

Sustainability linked loans aim to improve the borrower’s sustainability profile by aligning loan...

Verifying VAT returns likely before...

Verifying VAT returns likely before...

Banks

Mon, Jun 22 2020

Revenue officials said the move had been taken to  prevent VAT evasion and increase revenue

Banks, NBFIs asked to go for quick loan...

Banks, NBFIs asked to go for quick loan...

Banks

Mon, Jun 22 2020

'The loan disbursement activities of banks and NBFIs to the CMSME sector under the stimulus package...

Non-bank entities can now provide banks’...

Non-bank entities can now provide banks’...

Banks

Sun, Jun 21 2020

BB issues licencing guidelines

BB cut CRR for NBFIs to boost...

BB cut CRR for NBFIs to boost...

Banks

Sun, Jun 21 2020

The central bank issued a circular slashing bi-weekly average CRR rate to 1.5% from 2.5% and daily CRR...

11 banks suffer Tk8,632cr in provision...

11 banks suffer Tk8,632cr in provision...

Banks

Sun, Jun 21 2020

The high amount of non-performing loans in the banking sector is largely responsible for the huge provision...

NPLs down by Tk1,821cr in 3 months

NPLs down by Tk1,821cr in 3 months

Banks

Sat, Jun 20 2020

At the end of March this year, the amount of NPLs in the banking sector stood at Tk92,510 crore, which...

CRR rate cut announced for offshore...

CRR rate cut announced for offshore...

Banks

Thu, Jun 18 2020

The central bank issued a circular slashing bi-weekly average CRR rate to 2% from 4% and daily CRR rate...

Good borrowers’ interest rebate...

Rebate for good borrowers scrapped

Banks

Thu, Jun 18 2020

'Earlier, a borrower had to pay from 15 to 16% interest against loan and rebate was...

ADB: Bangladesh GDP to grow at 7.5%...

ADB: Bangladesh GDP to grow at 7.5%...

Economy

Thu, Jun 18 2020

The growth forecast for FY2020 reflects a sharp decrease in economic activities in the last quarter due...