Bangladesh, Aug. 24 -- Government bank-borrowing debt deepens with the aggregate sum borrowed from the domestic banking sources far overshot the upwardly revised target to hit Tk 1.68 trillion in the ... Read More
Bangladesh, Aug. 12 -- A special job-generation scheme styled 'Udyog' with an initial gestation fund worth Tk 5.0 billion comes up soon for July-uprising fighters and teeming unemployed youths. Adver... Read More
Bangladesh, Aug. 6 -- Money outside the country's bank vaults was growing until latest official data available, signifying that depositor trust in the banking sector has not yet revived fully. Advert... Read More
Bangladesh, Aug. 5 -- Private-sector credit growth has fallen to a record low, underscoring the fragile state of the country's economic recovery despite a series of regulatory measures by the central ... Read More
Bangladesh, July 28 -- Scheduled banks now seem to be in a quandary with excess liquidity buildup following deposit resurgence and weak loan demand amid prolonged economic slowdown, bankers say. Amid... Read More
Dhaka, July 7 -- Bangladesh Bank has suspended a section of the Bank Company Act for a year only to allow letter of credit (LC) opening in favour of a defaulter company. The BB move has taken many by ... Read More
Dhaka, June 30 -- Bangladesh Bank continues its contractionary monetary-policy stance with the existing elevated policy rate unchanged to curb inflationary burden though some of its recent decisions r... Read More
Dhaka, June 24 -- After a downturn, inflation-fueling high-powered money has surged again, largely negating the effect of a contractionary policy pursued by the regulator to stem price rises. The mon... Read More
Dhaka, June 16 -- Offshore-banking operations face setbacks following regulatory instructions downsizing the cost-ceiling rate on foreign-currency lending to businesses that dents profitability of com... Read More
Dhaka, June 2 -- Extensive policy support and partial writeoff facility prove ineffective as the volume of classified loans in Bangladesh's banking sector makes a quantum leap again by around Tk 315 b... Read More