Dhaka February 22, 2025, 4:05 pm
As per the circular, the government will provide 3 percent cash assistance for shipped goods from 1 February 2024 to 30 June 2024
Economist Dr Mustafa K Mujeri, former chief economist of Bangladesh Bank, criticised the approach of injecting printed money into weak banks
The growth highlights the rising popularity of agent banking as a financing mechanism in rural Bangladesh
Prior to this appointment, Hasan served as the bank’s Additional Managing Director and Chief Risk Officer
With no investment in the country’s private sector in the last six months, there is still instability in the financial sector
Bonds would be issued to gradually mop up the lent sum, and check inflation growth
The hacking group based in Southeast Asia, sent part of the stolen money to Japan
To rationalise reporting formalities, it has been decided that ADs! are no longer required to submit monthly statements as per aforementioned instructions
For all types of loans, if the amount is not paid on the last day of instalment payment, the loan must be marked overdue from the next day
All loans will be treated as past due or overdue if not paid on or before the repayment date
To this end, the central bank on Wednesday issued a circular
The regulatory move comes as the banks have faced difficulties in payback to the depositors following reported massive loan-related irregularities during the Sheikh Hasina government
This incentive will apply specifically to juices and drinks made from locally produced fruit pulp, allowing exporters in this sector to benefit from the support
The approval came at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) on Tuesday
First Security Islami Bank received Tk 500 million, National Bank Tk 650 million and Exim Bank Tk 1.50 billion from four well off banks to ease their liquidity crunch
♦ Islami Bank ♦ Social Islami Bank ♦ National Bank ♦ Exim Bank ♦ Union Bank ♦ Global Islami Bank
An affluent group of 17 scheduled banks receives instructions from the central bank for urgently extending liquidity support to cash-hungry banks for ensuring stability in the country's banking system
Bangladesh Bank Spokesperson Husne Ara Shikha disclosed this during a press conference on Wednesday
Central Bank urges public to avoid unnecessary withdrawals
Rizwana says partnership with World Bank essential for Bangladesh's environmental priorities
