Dhaka, May 19 -- Formal credit growth for private sector plummeted to a historical low of 4.72 per cent as per latest data available up to March, indicating holdback in economic pickup for multiple ad... Read More
Dhaka, May 8 -- The widely-discussed Bangladesh Startup Investment Company (BSIC), owned by 39 commercial banks, will officially be launched on Tuesday next with no concrete decision over the use of f... Read More
Dhaka, April 27 -- A reversal of the five Islamic bank merger begins as former shareholders of Social Islami Bank Ltd officially appeal for regaining the troubled bank's conditional control through a ... Read More
Dhaka, April 21 -- Commercial banks' borrowing appetite continues to fall amid a squeeze in credit demand in the face of persisting economic sluggishness in recent months. Apart from the private sect... Read More
Dhaka, April 8 -- Bangladesh Bank smells a plot by vested groups to destabilise exchange rate through creating artificial crisis on Bangladesh's foreign-exchange market to cash in on the Mideast mayhe... Read More
Dhaka, April 5 -- A resurgence in funnelling reserve money into the market through cheap state credits to banks and dollar buy from them through regulatory intervention is stoking fears of higher infl... Read More
Dhaka, March 18 -- Automated banking transactions surge amid festival splurges with ATMs (automated teller machines), internet banking and MFS (mobile financial service) feeling pressures of Eid rush.... Read More
Dhaka, March 14 -- Fixed deposits with banks have been on the wane for reasons like optional switch to better instruments and FDR liquidation to defray election spending or for perceived vote-related ... Read More
Dhaka, March 10 -- After months of a regulated stability, Bangladesh's foreign-exchange market suddenly starts heating up with exchange rate recording nearly a 30-paisa rise in a day, sources say. Of... Read More
Dhaka, Feb. 28 -- The existing repo facilities are being squeezed further as the Bangladesh Bank (BB) is set to phase out its 14-day liquidity window in a move to make banks manage funds more efficien... Read More