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MPS declaration deferred over inflation issue

Dhaka, Jan. 29 -- The announcement of the Monetary Policy Statement (MPS) for the second half of the current fiscal year (FY26), scheduled for today, has been postponed. The reason for postponement, ... Read More


Affluent banks invest surplus liquidity in lower-interest state instrument

Dhaka, Jan. 24 -- A major cut in the interest rate on standing deposit facility (SDF) can hardly stop affluent banks from loading their surplus funds into the state-guaranteed deposit instrument despi... Read More


Agent banking breaks social barriers, brings women into financial system

Dhaka, Jan. 21 -- Villagers used to depend on usurers and thereafter on NGOs for small moneys, from time immemorial. Gonna are the days of those moneylenders--a banking derivation called agent banking... Read More


Contractionary monetary policy under critical scrutiny as inflation bites

Dhaka, Jan. 14 -- Businesses feel unease and inflation frowns while some liquidity-squeezing moves have been in place for months. The central bank, however, claims its contractionary monetary policy ... Read More


Foreign fund flow into Bangladesh corporates falls to $9.80b until Nov

Dhaka, Jan. 10 -- Corporate external borrowing drops as persisting economic sluggishness dampens businesses' appetite for funds with the short-term overseas debt stock having declined to $9.80 billion... Read More


Bankers cautiously optimistic about a turnaround

Dhaka, Jan. 1 -- Bankers sound cautiously optimistic about a turnaround in the problem-ridden banking sector on right-minded policy support following the change-making polls ahead in the new year. Ba... Read More


Banks generous in rural deposit sourcing, miserly in lending

Dhaka, Dec. 26 -- Banks are increasingly sourcing deposit from the countryside but their focus on rural Bangladesh keeps fading following tightfisted disbursement of formal credits, widening urban-rur... Read More


Govt on bank borrowing spree for bailout funds

Dhaka, Dec. 9 -- Government bank borrowing goes ballooning with the fundraising through special auction of bonds and bills to pay for five-in-one Sammilito Islami Bank and possible liquidation of nine... Read More


Sonali Bank eyes end to capital shortfalls, boosts digital transformation

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