Banking & Commodity

The rate of the implementation of the annual development programme in the eight months (July-February) of the current fiscal year 2019-2020 stood at a three-year low as the government agencies could execute only 37.09 per cent or Tk 79,786 crore of the ADP in the period.

Merchant bankers has sought a central database for companies to store financial reports for authorities as well as regulators concerned to avoid multi-reporting for separate entities.

The Investment Corporation of Bangladesh, or ICB, has requested the government to cut interest rate on term deposits it took from banks to support the stock market.

Remittance kept up its strong growth momentum last month as migrant workers sent home 10.16 per cent more than they did a year earlier, in a major boost to the economy under stress from sliding exports. Exports fell 5.21 per cent year-on-year to $22.92 billion in the first seven months …

Bangladesh Bank (BB) has increased the loan limit of its Export Development Fund (EDF) to

The amount of troubled loans in the banking system dived in the fourth quarter of 2019, aided by the special facilities central bank offered to defaulters. The non-performing loans, or NPLs, shrank by nearly 19 per cent to Tk 943.31 billion as of December 31 of the year from Tk …

The central bank yesterday cut interest rate on its export development fund (EDF) by 1 percentage point with a view to giving a boost to sluggish export earnings.

Ten scheduled banks are highly vulnerable to reasonable amount of losses as the banks have failed to

Dhaka Bank on Monday announced a partnership with Mastercard to launch their

The central bank has asked the scheduled banks to comply with cash reserve ratio (CRR) and