Dhaka April 2, 2026, 4:18 pm
Finance minister AHM Mustafa Kamal said on Wednesday the compound interest rate of bank loans is not feasible in modern times.
Profitability of the country's banks has declined by around 17 per cent over the last 10 years, mainly due to growth in the volume of bad loans.
India's central goverment has offered the country's federal government a payout of 24.5 billion US dollars that include $17.1 billion of surplus and $7.4 billion of excess contingency provision lying in books of the central b
The government will not refinance the state-owned commercial banks -- Sonali Bank Ltd, Rupali Bank Ltd, Agrani Bank Ltd and Janata Bank Ltd -- anymore to address their capital crunch.
US President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5.0 per cent duty on some $550 billion in targeted Chinese goods in the latest tit-for-tat trade war escalation by the
The Bangladesh Investment Development Authority (BIDA) has launched an innovative campaign across the country to bring out potential entrepreneurs for fostering investments and generating jobs
The first month of the current fiscal year 2019-20, July registered 1.84 percent implementation of the Annual Development Programme (ADP).
A US$500 million fund is likely to be created with contributions from the government, bourses, banks and financial institutions to invest in various infrastructures, officials said.
The country's merchandise trade deficit with the rest of the world narrowed in the past fiscal year (FY'19), despite slight rise in imports, the central bank said on Monday.
A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021.
Korea has shown interest to invest in 10 public-private partnership (PPP) projects in the aviation, rail and power sectors under government-to-government arrangements.
All the 59 commercial banks are likely to be allowed to handle "challan" that serves as the biggest instrument of submitting money to the public exchequer.
The government has targeted $45.50-billion earnings from merchandise exports in fiscal year (FY) 2019-20, projecting 12.25 per cent growth over that of the last fiscal.
The Planning Commission (PC) is going to be tough on the public agencies which revise their development projects repeatedly.
Bangladeshi expatriates sent home 1.56 billion US dollars in July, the first month of the current 2019-20 fiscal year, a central bank official has said.
Authorities concerned met on Monday in the wake of an announcement in the budget to grant 2.0 per cent incentives for remitters as part of its efforts to encourage them to send money through the banking channel.
The Bangladesh Bank will issue a circular immediately asking the scheduled banks to ensure single-digit interest rates on both lending and deposit.
The country's apex chamber on Saturday said the central bank's lower private credit growth target would impact investment, especially in smaller firms.
At least 10 projects have been suffering from the implementation delays as the World Bank's fund meant for Bangladesh has dried up, officials said.
Finance minister AHM Kamal on Thursday lashed out at the officials of the BASIC Bank for their failure to improve the financial health of the troubled state lender.
