Banking & Commodity

The state-run Trading Corporation of Bangladesh (TCB) will begin its sale   by trucks tomorrow to provide essential items among the low-income group people at a subsidized price amid the COVID-19 pandemic and also ahead of the Holy Eid –Ul – Azha.

Meat prices, however, have remained stable

Loan disbursement through agent banking wings of banks dropped by 79.1 per cent or Tk 225.9 crore in April compared with that in the previous month amid the enforcement of countrywide fresh Covid restrictions.

Trade at the Khatunganj market in Chattogram, a wholesale hub for essential commodities, has risen significantly just days before a countrywide strict lockdown to be enforced from Thursday.

The Bangladesh Bank on Wednesday launched a fresh refinance scheme worth Tk 2,520 crore to support the implementation of the stimulus package worth Tk 20,000 crore meant for the cottage, micro, small and medium enterprises.

Prices of vegetables witnessed a sharp rise in the city’s kitchen markets due to heavy rains across the country in the last four days.

The SAARCFINANCE Cell, Research Department of the Bangladesh Bank organised a SAARCFINANCE database webinar and working group meeting on Tuesday through a virtual platform.

Bangladesh Bank on Wednesday extended the banking transaction time by half an hour till 3:30pm for the extended period of lockdown.

Chinese rice scientist Yuan Longping greatly contributed to reducing hunger from China as well as from many parts of the world through inventing modern hybrid rice seeds, speakers at a webinar on Wednesday said.

Eleven banks collectively witnessed a 76.99-per cent or Tk 5,502.46 crore increase in provision shortfalls in the January-March period of 2021 due mainly to a further deterioration in the financial state of the scam-hit Janata Bank.