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Current News

Depositors’ money completely protected

The Association of Bankers, Bangladesh (ABB), a platform of managing directors of banks in Bangladesh, yesterday said depositors’ money in banks were completely protected as lenders were now enjoying a hefty amount of excess liquidity. “There is no reason to panic regarding the deposits kept in banks by the masses,” …

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UNICEF calls for investment in world’s first child-focused climate risk financing solution

UNICEF is launching a new climate financing initiative to enhance countries’ climate resilience and disaster preparedness for children and youth and bolster protection for children from the impacts of future climate-related disasters. The Today and Tomorrow initiative is an integrated climate change finance solution that, for the first time, combines …

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ADB Supports Microenterprise Financing in Bangladesh

The Asian Development Bank has approved a $200 million loan to strengthen microfinance in Bangladesh, supporting microenterprises, particularly those owned by women and those located in regions with high climate risks. The Microenterprise Financing and Credit Enhancement Project will increase the liquidity of microfinance institutions (MFIs), which are key lenders …

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UN looks to support Central Asian economies buffeted by pandemic, geopolitical crisis

Representatives of Central Asian countries are in Kazakhstan this week to discuss how to work closely together to grow their economies, which have been buffeted by the continued COVID-19 pandemic and geopolitical crisis, in a sustained, greener manner while also taking advantage of advances in technology. The 2022 SPECA Economic …

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