Dhaka August 10, 2022, 4:07 am
The central bank issues the order for their involvement in raising the price of the US dollar
Economists and former NBR officials criticized the amnesty saying that money laundering and capital flight from Bangladesh would increase due to this
The project will further support to ensure that the urban areas remain prepared to any future shocks while benefitting the urban poor through job creation, better services, and infrastructure
Under the revised policy, all the scheduled banks have been instructed to classify the rescheduled loans as bad/loss category if the borrowers failed six monthly or two consecutive quarterly instalments
To bring flexibility in trade transactions, it has been decided that Authorized Dealers (ADs) may, on applications from exporters, retain the value-added portion of export proceeds in foreign exchange for a maximum period of
The aim of the programme is to promote financial inclusivity for women entrepreneurs in Bangladesh through the FEF initiative by supporting: financial literacy, networking, and financing
Mr Choudhury, Barrister-at-Law, joined AB Bank as a director in 2018
The Anti-Corruption Commission (ACC) filed the case against 17 people on charge of embezzling Tk 1.76 billion through fake work orders and illegal bank guarantees
The central bank also sent show-cause notices to 42 money changers for flouting its rules amid the global dollar crisis
Banks have disbursed Tk 147.46 billion against the target of Tk 193.40 billion for FY22, which is 73.77 percent of the target
Bangladesh Bank (BB) has increased and fixed the interest rate of non-resident foreign currency deposit (NFCD) accounts to encourage inward foreign currency
The disbursement target for the immediate past 2021-22 financial year (FY22) was Tk 0.28 trillion
Central bank asks NBFIs to trim electricity, fuel use by 25 per cent until further instruction
The banking sector is in a very fragile situation. This is the most fragile sector now in the country. It needs reform. It is terrible that the amount of looting, fraud and corruption have been happening in this sector
Banks have to reduce the consumption of gas and lubricant by 20 percent and electricity by 25 percent in the next one year starting from July this year
The central bank has given directive to take necessary action to perform Section 48 of 2022 Finance Act properly in perspective of investing more than five lakh as savings certificate in commercial banks and opening post offi
Grameen Bank’s Managing Director Md Abdur Rahim Khan made the remarks at a view-exchange meeting with journalists held at the Grameen Bank headquarters in the capital’s Mirpur area on Sunday
All the convicts were handed 17-year prison terms
Pandemic lockdowns unlock techno scope
The new order would bar many exporters from diverting their export proceeds
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