News

Deposits at banks saw remarkable growth last fiscal year as the coronavirus-linked uncertainty compelled people to cut non-essential expenses and save more, while lending growth shrank slightly due to business slowdown.

The Bangladesh Bank has asked 11 banks, which have suffered capital shortfalls in the first half of 2021, to submit their respective plans for mitigating their capital shortfalls.

The prospects to resume buying cotton from Uzbekistan have improved for Bangladesh after the United States lifted the ban on sourcing the key textile raw material from the country following significant progress in ending forced labour.

Despite a price drop of most listed companies’ stocks, the benchmark index of the Dhaka bourse soared and broke its previous record yesterday.

Businessmen have expressed their demand to the authorities as they are experiencing great loss

Some modules of the e-filing system will be launched by the last week of September, NBR chairman says

Structural reforms are needed to ensure quick and easy loan disbursements for the cottage and micro industry and small and medium enterprises (SME), according to speakers at a webinar yesterday.

Pubali Bank has announced the closing of a US$ 52 million syndicated loan facility, which was arranged by Bank Muscat (Sultanate of Oman) as the sole mandated lead arranger and book-runner.

Bangladesh Bank yesterday asked non-bank financial institutions (NBFIs) in the country to not transport any materials through unlicenced courier service companies.

Shares on the Dhaka Stock Exchange (DSE) continued their upward movement yesterday, buoyed by investors’ cheerful participation, helping the key indices set new records.