Dhaka August 10, 2022, 7:10 am
The directive comes after the central bank noticed that a section of borrowers diverted their loans to unproductive sectors, took loans showing false documents, and embezzled loans
The central bank issues the directive to prevent forgery
Abdur Rouf Talukder played a leading role in making stimulus packages to boost the economy during the Covid-19 pandemic. His advice on ensuring the country's economic stability was hailed at the state level. In fact, the Mini
The local currency depreciated further against the US dollar (USD) mainly due to higher demand for the greenback for settling import-payment obligations
State-owned banks bear the brunt of default loans the most, at 20 percent, while private banks account for 5.84 percent, foreign banks 4.53 percent and specialised banks for 12 percent
The price of the dollar in the market will be determined by demand and supply and banks will be allowed to set their own dollar prices
Eastern Bank Limited (EBL) is offering International Student Identity Card (ISIC) Co-brand Prepaid Card with SSBCL Group in association with Vis
The repurchase agreement rate is the rate at which the central bank lends money to commercial banks in the event of any shortfall of funds
Banks will have to follow the rate based on BAFEDA’s proposal
Under the scheme, a customer can get a loan with 4.5 percent interest rate
Central bank sits with banking high-ups today
The Banking Regulation and Policy Department (BRPD) on Monday (May 23) issued the amendment of the notification and allows travel abroad for Hajj-Umrah, treatment and other special needs
From now, a 22-carat gold commemorative coin, each weighing 10-gram, will cost Taka 72,000
$392m fed in four days
Bangladesh Bank (BB) has asked banks for taking appropriate measures to keep open their branches or sub-branches relating to the hajj activities on May 21 (Saturday) for hajj management
ADB Vice-President Shixin Chen made this commitment during his meeting with Prime Minister Sheikh Hasina on May 9 in Dhaka
Md. Zakir started his banking career at Prime Bank Ltd. in 1995. Later, he also worked for EXIM Bank Ltd., Al-Arafah Islami Bank Ltd. and Midland Bank Ltd. as Corporate Branch Manager
Revisit expansionary monetary policy, follow cautious one to tame inflation: Economists
The premier made the request when Vice President of ADB (Operations-1) Shixin Chen paid a courtesy call on her at her official Ganabhaban residence on Monday morning
the ADB had responded quickly to Bangladesh's call during the pandemic period with its highest amount of financial help for facilitating economic recovery from the impact of coronavirus
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