Banking & Commodity

As of March 11 this year, banks had disbursed Tk 12,802.67 crore to the sector, which was 64.01 per cent of the total funds

At the end of the session, the bank’s share price was Tk 13.20 — a 32 per cent rise in share prices from the offer value of Tk 10

Bangladesh’s investment in the form of gold has gained value by over 37 per cent to reach around US$554 million over the last 10 years.

In the December quarter, the bank’s capital shortfall stood at Tk 5,475.1 crore, rising by a staggering Tk 5,217.5 crore in just three months

A total of 1,042 readymade garment factories, which gave discounts up to 10 per cent on export value for buyers amid the COVID-19 outbreak, would have to get approval by March 31 from the Bangladesh Bank’s discount committee for non-repatriation of the proceeds.

Defaulted loans of the NBFI stood at Tk 1,900 crore as of December last year

The Trading Corporation of Bangladesh (TCB) started “Pre Ramadan selling of commodities and Special Operations” programme from March 17 marking the centenary birth celebration of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman and the golden jubilee of independence.

A local online Core Banking Solution (CBS) software named ‘Florabank’ made a record by digitizing more than 1000 branches of state-run Bangladesh Krishi (Agriculture) Bank with around 1.5 crore of accounts.

The scope for banks to gain higher returns by investing in government securities — treasury bills and bonds — has significantly shrunk in the recent months.

NRBC’s shares will be trading under the N-category