Khondoker Md Shoyeb
Head of Star Business Digital
Newsman for print, digital and multimedia. Loves indoor games and sleep.
Head of Star Business Digital
Newsman for print, digital and multimedia. Loves indoor games and sleep.
Agents disbursed Tk 16,482.5 crore loans as of March this year, up from Tk 11,667 crore in March last year
Sonali, Agrani, Bank Asia, Islami Bank and Global Islami Bank hold Tk 3,849 crore in no-frills accounts
The deposits in no-frills accounts hit Tk 3,849 crore in Jul-Sep quarter
New York-based Global Finance magazine finds, reviews performance of central bank chiefs of 102 countries.
Sales of electronic home appliances have significantly increased in Bangladesh over the last decade, thanks to the growing income of the general population.
Less than 3 per cent of people of Bangladesh will be below the poverty line and extreme poverty will be reduced to zero by then, he said in his budget speech.
According to Hanke’s Annual Misery Index (HAMI) 2022
Dhaka division’s 4.19 crore people in 13 districts have stored in banks a total of Tk 9.79 lakh crore, around 85 per cent of which, or Tk 8.32 lakh crore, belong to the people living inside Dhaka district alone.
Bangladesh’s banking sector has long been going through a difficult time as a majority of banks are plagued by challenges stemming from a lack of corporate governance. But Bank Asia Ltd stands out thanks to its unwavering focus on following rules strictly under the leadership of a strong board of directors led by A Rouf Chowdhury.
Bangladesh ships apparel items to the Middle Eastern countries and the good thing is local garments are steadily gaining popularity in the Middle eastern countries.
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
Bangladesh now has the ability to clear import payments of four months if the country’s net forex reserves are taken into consideration, the Centre for Policy Dialogue (CPD) said today.
Bangladesh’s banks have Tk 169,586 crore excess liquidity and there is no liquidity crisis in the country’s banking sector, Bangladesh Bank said in an urgent notice today.
The external factors are not only responsible for Bangladesh’s present economic volatility, rather there are some issues which remained unattended for a long time such as low revenue collection, absence of quality public expenditure and the non-performing loans, said noted economist Debapriya Bhattacharya today.
RFL Group today launched Rainbow Spray Paint to grab a pie of the Tk 600 crore local market and cut the country’s import dependency for the product.
Do we know which were the top remittance receiving banks in Bangladesh for the month?
Robi has maintained its growth momentum in the third quarter of 2022 when its revenue grew by 5.9 per cent year-on-year to Tk 2,207.4 crore.