Banking & Commodity

Bangladesh Bank yesterday declared a cash incentive on dedicated small and medium enterprise (SME) loan programmes for female entrepreneurs.

The latest guideline will allow authorities to speed up the custom duty process and make discharge from ports easier

Spending through credit cards hit an all-time high in June thanks to the acceleration of digital payments on e-commerce platforms amid the ongoing coronavirus pandemic.

Many listed mutual funds (MFs) saw rise in earnings per unit (EPU) for April-June, 2021 compared to same period of the previous year riding on their returns from the stock market.

The Bangladesh Bank yesterday refused to revisit its instruction that asked banks to set a higher interest rate on fixed deposits than the inflation rate despite pleas from lenders.

Bangladesh Bank yesterday showed little interest in mopping up excess liquidity from the banking system as it withdrew only 38 per cent of funds attracted from banks through an absorbent instrument.

Local traders have started importing green chilli from India after the commerce ministry granted permission in this regard in a bid to bring down the skyrocketing prices of the widely used spice in Bangladesh.

Vegetable farmers in Khulna are being unable to secure fair prices for their produce as the ongoing coronavirus crisis has disrupted the supply of these crops to different parts of the country, including Dhaka.

Bangladesh Bank (BB) has instructed all banks not to fix the interest rate of the deposits below the inflation.

As of March 2021, the total outstanding loans in the banking sector in Bangladesh stood at Tk 111,194 crore. Out of this, an amount of Tk 95,090 crore was classified, equivalent to 8.48 per cent of the total loans. Though the amount is not too big with regard to our …