Dhaka July 8, 2025, 3:49 pm
All loans will be treated as past due or overdue if not paid on or before the repayment date
To this end, the central bank on Wednesday issued a circular
The regulatory move comes as the banks have faced difficulties in payback to the depositors following reported massive loan-related irregularities during the Sheikh Hasina government
This incentive will apply specifically to juices and drinks made from locally produced fruit pulp, allowing exporters in this sector to benefit from the support
The approval came at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) on Tuesday
First Security Islami Bank received Tk 500 million, National Bank Tk 650 million and Exim Bank Tk 1.50 billion from four well off banks to ease their liquidity crunch
♦ Islami Bank ♦ Social Islami Bank ♦ National Bank ♦ Exim Bank ♦ Union Bank ♦ Global Islami Bank
An affluent group of 17 scheduled banks receives instructions from the central bank for urgently extending liquidity support to cash-hungry banks for ensuring stability in the country's banking system
Bangladesh Bank Spokesperson Husne Ara Shikha disclosed this during a press conference on Wednesday
Central Bank urges public to avoid unnecessary withdrawals
Rizwana says partnership with World Bank essential for Bangladesh's environmental priorities
Industrial sectors continued importing essential raw materials, but the decline reflects a broader slowdown in investment and economic activity
Authorised capital jumps from Tk1,500cr to Tk5,000cr
Bangladesh Bank has issued an alert to all scheduled banks, financial institutions, and payment service providers regarding an alarming increase in cyber attacks targeting the banking sector
The bank is blaming increased investment conditions for the fall in income
BB sources indicate that these actions against NRBC Bank are based on a detailed report of inspection conducted in February last
The proposal, based on recommendations from a committee led by the Finance Advisor, was submitted to the Chief Advisor’s office for approval on 17 October
The Ministry of Public Administration issued an official notification on October 8
These banks are NRBC Bank, Midland Bank, Meghna Bank, NRB bank, Modhumoti Bank, South Bangla Agriculture and Commerce Bank (SBAC)
Central bank will guarantee the total Tk6,000 crore set to be provided to weaker banks in phases
-2024-10-08-06-20-47.jpeg)
