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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


Forex buffer wanes amid earnings, spending mismatch

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


Govt finalises legal docs of five Islami banks' merger

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


Private credit growth hits historic low of 6.29pc in September

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


Capital-machinery import rebounding from slump

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