Banking & Commodity

The central bank has stopped publishing the figure of stressed assets in its annual financial stability report with a view to painting a rosy picture of the banking sector at a time when lenders are facing one of their worst crises in living memory.

Disbursement of farm loans stood at Tk22,749.03 crore in the 2019-20 fiscal year, which was 5.70% or Tk1,375  crore  less than the target of Tk24,124 crore

Monetary policy should be favorable for economic revival, said experts

Any student aged between 11 and 17 years, can open an account under the School Banking scheme

Bangladesh on Monday received the first ever Indian Parcel Train at Benapole carrying 384 tonnes of dry chilies from Indian south-eastern Andhra Pradesh state. The Special Parcel Express (SPE) train consisting of 16 parcel vans traveled a distance over 1372 kilometers from Reddipalem in Guntur of Andhra, known as a …

The coronavirus pandemic triggered a decline in card spending by nearly 50 per cent in April, in an indication of a massive fall in demand in Bangladesh as people went for belt-tightening amid income collapses.

State-owned Trading Corporation of Bangladesh on Sunday started selling essential commodities at subsidised rates in 62 districts across the country ahead of Eid-ul-Azha as the prices of many of the commodities increased on the market amid the coronavirus pandemic.

The overall weighted average interest rate spread in the country’s banking sector fell below 3 percentage points for the first time amid enforcement of the 9-per cent ceiling on the lending rate and credit demand fall during the coronavirus pandemic.

Bangladesh Postal Department’s digital financial service ‘Nagad’ has launched a new feature for Nagad’s mobile app that enables users to instantly add money into their ‘Nagad’ wallets.

Local Government, Rural Development and Cooperative (LGRD) Minister Md Tajul Islam today urged the cattle market organizers to arrange digital haats, for selling and buying sacrificial animals ahead of the forthcoming Eid-ul Azha by maintaining social distancing.