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Surge in high-powered money weakens inflation combat

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


Banks' foreign-currency lending to businesses falters

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


NPL volume swells to Tk 5.89t

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


Private sector credit growth plummets to historic low

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


Startup investment co launching on May 12

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


Former board bids for regaining SIBL, petitions regulator

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


Banks lose borrowing appetite as credit demand slumps

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


Regulator smells plot to destabilise BD forex mkt

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


Pumping higher volume of reserve money into banks adds to inflation

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