GDP growth is expected to bounce back to 6% in FY26
Despite various monetary and fiscal tightening measures, inflation has remained persistently high, staying above 10 percent
The central bank said it would keep its key policy rate unchanged at 10 percent for the January-June period of 2025
The bond is also planned to support the business growth of the bank, according to a disclosure by City Bank on the Dhaka Stock Exchange (DSE).
The growth is 1.6 percentage points lower than the provisional estimate
An eight-member ACC team went to the central bank today to conduct a search
The eight-member team, led by ACC Director Sayemuzzaman, reached the central bank around 12:30 pm today to conduct the search.
The bond, the bank’s sixth such issuance, will have a seven-year tenure and will enhance its total regulatory capital.
Sheikh Md Jaminur Rahman and his associates used political ties to establish dominance in the bank
Finance Adviser Salehuddin Ahmed says after meeting with ADB
Today was the first day for Abdur Rahman Khan as NBR chairman
Transactions in their accounts will remain suspended for 30 days
The tax zone 15 of the tax administrator sent letters to 91 banks and financial institutions
The council also recommended amendment to the Bangladesh Bank Order 1972
The American rating agency assumes the effects to be temporary, and that political stability is restored and sustained
International support will be taken to bring them to book, says Ahsan H Mansur
The condition is worse than what one can imagine, says Selim RF Hussain
The agency said the banking industry's weaknesses, including a lack of liquidity, thin capital buffers and ailing asset quality, have been exacerbated while the departure of senior central bank officials could delay ongoing structural reforms.
