Dhaka August 10, 2022, 7:03 am
This project, which will facilitate access to finance for the small and medium enterprises, will support the post-COVID-19 recovery and growth of the CMSMEs
Bangladesh must continue reforms to make its economy more resilient and resume progress towards the authorities’ ambition of reaching upper middle-income status
Twenty-eight out of 32 listed banks have so far filed their third-quarter results (July-September) with the Dhaka Stock Exchange
The school banking was introduced to inculcate the habit of savings among the account holders
The growth projection for the current fiscal reflects a strong recovery supported by strengthening manufacturing, continued expansion in the global economy and effective government recovery policies, the ADB said
The CPS for 2021–2025 will help Bangladesh realize its aspiration of becoming an upper-middle-income country by 2031 through increased public and private investments in the next 5 years
The new products, each of which will receive the cash support at the rate of 4 percent over their export value, are locally produced tea, bicycle and its parts, MS Steel products and cement sheet
The banks’ recovery of Non-Performing Loans (NPLs) fell by 6 percent in the second quarter (April-June) of this year compared to that in the first quarter
The central bank in a circular on Monday asked all banks to complete the registration and mutation of the non-banking assets, ensure the physical possession within the quickest possible time, and include the assets in the bal
The Tk 3,000 crore fund, named “Agriculture Sector Stimulus Re-financing Scheme (second phase)” was decided to be formed in order to ensure required soft loan for agriculture sector to make its activities more vibrant as sect
The restriction is aimed at protecting the depositors' interests
Dhaka will have to pay some $400 million in the next seven years for becoming a shareholder of the bank
The landmark transaction received strong participation from international financial institutions, with lenders from Asia, Europe, and the Middle East actively supporting it
Banks have been asked not to open trust cum settlement accounts (TCSAs) under Nagad Limited unless it gets approval from the postal department and the Bangladesh Bank (BB)
Under this agreement, revenues/taxes can easily be paid through Automated Challan System (ACS) from any branches of Dutch-Bangla Bank
As part of the move, all the scheduled banks have been instructed to submit information regarding investment from their respective fund on a monthly basis instead of quarterly basis as was earlier
Bangladesh had requested the Beijing-based Asian infrastructure financier to arrange the review meeting
Five to six NBFIs, out of the ten NBFIs, are in critical condition
Under the relaxation, the borrowers would get a fresh chance to remain unclassified, if they repay minimum 25 percent of the total outstanding amount of loans for the whole calendar year within December 31
The Dhaka–Sylhet corridor, once completed, will support a new trade route that connects Chattogram port with India’s northeastern states through three land ports of Akhaura, Sheola, and Tamabil, and from there to Bhutan and M
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