Banking

Banking

Challenging days are ahead for MFIs: BB governor

Ahsan H Mansur says at a national workshop of the Microcredit Regulatory Authority

12h ago

Depositors will get their money back from weak banks: BB Governor

“I assure that you will get your money or bonds in phases,” said Mansur at a national workshop on microfinance in Bangladesh today. 

19h ago

Increasing efficiency of NBR essential for business growth

Finance Adviser Salehuddin Ahmed yesterday said that increasing the efficiency of the National Board of Revenue (NBR) is essential for the growth of trade and commerce in the country.

1d ago

Lower interest rate to single digits for competitiveness: FBCCI

FBCCI administrator urges Bangladesh Bank

2d ago

Farm, rural loans drop significantly

Farm and rural loan disbursements by banks fell by more than one-fifth in the first four months of fiscal year (FY) 2024-25, owing to a dip in the flow of credit mainly from foreign and private banks..Banks lent Tk 9,391 crore in the July-October period of this fiscal year, according to da

2d ago

Cost of foreign debt rises 27% in first half of FY25

Bangladesh paid $1.98 billion in principal and interest in Jul-Dec of 2024, up from $1.57 billion in the same period the previous year

2d ago

Global firms hired to recover $16B laundered during Hasina regime: FT

Governor Ahsan Mansur mentioned that the Bangladesh Financial Intelligence Unit has formed 11 teams to trace and reclaim assets suspected of being acquired through embezzlement. These teams will also assist in prosecuting those responsible

2d ago

Defaulted loans: Not possible to reopen Beximco’s 16 RMG factories

Considering the sheer volume of Beximco’s debt, the government does not think it’s feasible to reopen the textile and garment factories that were taken out of production by the group, Labour Adviser Brig Gen (retd) M Sakhawat Hussain said yesterday.

5d ago

Bangladesh to raise Tk 3,000 crore in Sukuk for rural bridge project

Bangladesh Bank will float it in March this year

5d ago

Bangladesh eyes fruit imports, trade boost with Pakistan

Business delegations of the two nations sat in a meeting today at the FBCCI

6d ago

BSTI to issue temporary clearance certificates for industrial raw materials

The clearance will be issued on a consignment basis under certain conditions

6d ago

BSEC approves Dutch-Bangla Bank's Tk 1,200 crore subordinated bond  

The private bank plans to issue 1,200 bonds, each with a face value of Tk 1 crore, to bolster its Tier-2 capital under Basel III regulations and enhance its regulatory capital base.  

6d ago

Thousands of workers demand reopening of 16 Beximco factories

Thousands of workers held a mass rally yesterday in Gazipur, demanding the reopening of all 16 factories which were shut down within the Beximco Industrial Park.

1w ago

Bank officials can now travel abroad for trainings, seminars

BB eases foreign travel policy for bank officials

1w ago

BB rejects NRBC Bank’s plea to appoint Rabiul Islam as MD

The bank has been asked to submit another application nominating another suitable candidate

1w ago

No action taken based on white paper

The interim government has not taken any of the measures recommended by the white paper on the state of the Bangladesh economy even after a month and a half of the report’s submission, said economists yesterday.

1w ago

Goals set to bring good companies to market: DSE chairman

The DSE is trying to ensure tax benefits for investors and stop insider trading, he says at CMJF Talk

1w ago

DCCI wants lower interest rates for private-sector credit growth

The leading chamber also demanded a loan classification deadline extension by 3 to 6 months

1w ago