Bangladesh, Oct. 14 -- State-owned Sonali Bank comes to the aid of private-sector National Bank again with Tk 70 billion under regulatory guarantee to facilitate the cash-strapped lender's recovery pr... Read More
Bangladesh, Sept. 18 -- The central bank has asked the lending banks concerned to finalise a rescue package for the troubled Citygroup forthwith to avoid their loans getting classified. The Banglades... Read More
Bangladesh, Sept. 17 -- Formal credit growth for private sector stayed almost stagnated in indication that fund demand and concomitant bank lending have yet to pick up despite government stimulus for ... Read More
Bangladesh, Sept. 12 -- A government stimulus package worth Tk 600 billion for giving a shot in the sagging economy's arm remains unused even over three months after the central bank launched the mass... Read More
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