Dhaka February 24, 2025, 6:04 am
Long-term loans are very crucial for industrial investment and it is very difficult to establish factories without long-term financial support
The Hong Kong-based journal awarded City Bank for the seventh time starting in 2012 in recognition of its consistent good performance and innovations in banking services
According to the budget proposal, an amendment will be made in this regard allowing transaction of over Tk50,000 through mobile banking services
This can help the borrower buy some time to adjust the repayment plan and also not default on their loans
Some 1.3 million people were the direct beneficiaries from 10 packages under which bank loans were provided to youths for employment generation, farmers for agriculture production, large industries and service sectors, small
Banking transaction will continue from 10:00 am to 3:00 pm every day. After that, the bank will remain open till 4:30 pm for post-transaction activities
BB said the bank authorities can conduct their activities in discussion with the local administration
The release said once completed, over 11 million people in Bangladesh’s northern region will be benefited from increased mobility and integration of local and regional markets
Chairman and Managing Director of Bangladesh Krishi Bank will have to produce the documents before the HC in four weeks
These two projects will include youths, women, disadvantaged groups, and returnee migrant workers to improve employability and livelihood opportunities, and build their resilience against future shocks like the Covid-19 pande
The volume of banking transactions have crossed a record Tk 105 billion on Sunday though the average daily transactions remain between Tk 60 billion and Tk 70 billion in regular times
Healthy competition should be ensured in the fast-growing mobile financial services (MFS) segment for the benefit of the users and the operators, and the regulator needs to ensure that no one acts like a monster
The relevant clauses of these guidelines shall also be applicable for scheduled banks that open and maintain Trust Cum Settlement Account for the Trustee
Bangladesh Bank issued this instruction in compliance with the directives of the Cabinet Division
The World Bank looks forward to continue working with the government of Bangladesh, private sector, and civil society groups towards the sustainable management of plastics
However, holidaymakers can collect new banknotes, popularly used as ‘Eidi’ or Eid tips, as the central bank has provided the notes to cash counters and ATM booths of commercial banks and its 10 branch offices
They are appointed for a period of six years extending through 26 April 2027.
Bangladesh Bank instructed banks to continue operations with a limited workforce and to ensure transport for bank staff
All the scheduled banks have been asked to keep 1 percent of their net profits for the next five years from current year for providing start-up entrepreneurs with loans
The investment will help to keep businesses open and preserve jobs, which is critical to sustaining the Bangladeshi economy
