Dhaka, Nov. 11 -- Amid what is arguably the most challenging period for the banking sector, Sonali Bank PLC is aiming to fully overcome its longstanding capital and provisioning shortfalls by the end ... Read More
Dhaka, Nov. 7 -- Bangladesh sees its foreign-currency buffers wane amid a rather abrupt earnings dip and external payments, stoking fears of pressure on the country's current-account balance too soon.... Read More
Dhaka, Nov. 5 -- The government has finalised the memorandum and articles of association for the proposed "Sammilito Islami Bank" to be formed by merging five shariah-based commercial banks facing sev... Read More
Dhaka, Nov. 3 -- Formal credit growth for the private sector fell to a historical low of 6.29 per cent in September, signalling a deep slowdown in the country's business activities. The decline is at... Read More
Dhaka, Oct. 27 -- Capital-machinery import rebounds into positive trajectory from a slump, indicating some acceleration in the economy after months of sluggishness Bangladesh had witnessed following d... Read More
Dhaka, Oct. 23 -- After weeks of regulatory-intervention-driven stability, Bangladesh's foreign-exchange market suddenly starts heating up with exchange rate recording over 50-paisa rise in a day, off... Read More
Dhaka, Oct. 18 -- Commercial banks' foreign-exchange (forex) holdings plummeted to $3.94 billion in September, mainly due to the central bank's growing US dollar-buying interventions, according to off... Read More
Dhaka, Oct. 11 -- Bangladesh sees a significant rise in import orders, with a leap in September, in what is seen as an early indication of the country's economic rebound after months of recession. Ho... Read More
Dhaka, Oct. 1 -- All directors and top brass of the country's commercial banks are to be on a hold-all platform called key performance indicator (KPI) in a latest reform measure meant for ensuring goo... Read More
Dhaka, Sept. 27 -- Cash transactions on the call money-market rise in a rebound of the moribund interbank platform as the central bank's policy revision, cutting 50 basis points in the state-guarantee... Read More