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Rupali Bank seeks Tk 50b lifeline

Bangladesh, Aug. 28 -- State-run Rupali Bank has sought Tk 50 billion in fresh capital support from the government after incurring a net loss of Tk 6.43 billion in the first seven months of this year,... Read More


Take borrower-wise and time-bound resolution plan, FID asks Janata

Bangladesh, Aug. 25 -- With around 70 per cent of loans going default, the state-run Janata Bank has now been asked to take a borrower-wise, time-bound resolution plan for every large account to recov... Read More


Lend to productive sectors, augment AD ratio

Bangladesh, Aug. 18 -- Sonali Bank has been advised to enhance advance-deposit ratio by lending to productive sectors instead of keeping funds idle as the largest bank's AD proportion is said to be at... Read More


Agri carbon credit framework in the offing

Bangladesh, Aug. 13 -- The government is formulating an agricultural carbon credit framework to lower carbon emissions in farming and gain financial benefits through carbon trading, officials say. Ad... Read More


Long-awaited $335m Chinese loan deal likely soon

Bangladesh, July 20 -- Deal on a long-awaited $335-million Chinese loan for construction of two jetties to upgrade Mongla seaport is likely to be signed within this month, officials say. A framework ... Read More


Saudi-operated Patenga terminal slaps penal rent on stockpiled cargoes

Dhaka, July 4 -- A Saudi firm-operated Patenga Container Terminal (PCT) has imposed four-time higher store rent on stockpiled cargoes to pressure traders not to use the facility as warehouse. This ha... Read More


Energy-price shock may hurt GDP growth, disrupt inflation control

Dhaka, June 11 -- A further energy-price shock stemming from the conflicts in the Middle East could undermine Bangladesh's economic outlook in FY27, finance officials fear. They warn that higher ener... Read More