Dhaka May 4, 2026, 11:02 am
Bangladesh Bank has cleared hurdles in the way of Padma Bank’s initiative to bring in foreign investment by making the process easier after following rules and regulations and doing research
The loan is to be repaid in 34 years with a grace period of 04 years. The frontend fee is 0.25 percent, the commitment charge is 0.25 percent and the interest charge is URIBOR+0.98 percent
Policy assistance provided by Bangladesh Bank will ease foreign trade and help revive economic activities
At present, the excise duty rate for Tk 0.10 million to Tk 0.50 million is Tk 150, Tk 0.50 million to Tk 1.0 million is Tk 500
A rebound in foreign trade, covering export and import, from the previous year's corona depression also contributed to the banks' 'higher operating-profit growth' in the outgoing year
The decision was taken after a meeting between the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) and Bangladesh Bank
He has suggested strengthening the capacity of the central bank and reviewing the bankruptcy law to reduce the burden on the country's banking sector
Salma Masud, President, Women Entrepreneurs Association of Bangladesh (WEAB) and Sabbir Ahmed, Head, Consumer, Private and Business Banking, Standard Chartered Bangladesh signed the MoU
Unlike past, borrowers will not be able to repay 25% of the installment after this December
As a preventive measure, it is very much important to secure the foreign reserve of Bangladesh; otherwise the people of Bangladesh may have to suffer irreparable loss and suffering
The Green and Resilient Rural Recovery through Agri-Food System Transformation in the Asia and Pacific Region program will assess the impacts of Covid-19 on the region's food and nutrition security and rural livelihood
The draft law has mentioned punishment for various crimes, but it is not applicable for mobile banking services
The demand for the dollar is still prevailing high mainly due to higher import-payment pressure, particularly for petroleum products and consumer items, including food- grains
World Bank Vice-President for South Asia Hartwig Schafer met Finance Minister AHM Mustafa Kamal and lauded the government’s measures to contain the Covid pandemic, and its focus on an inclusive economic recovery
The three are Foster Corporation Ltd, Paysenz Limited and The Codero Limited
Sustainability linked loans aim to improve the borrower’s sustainability profile by aligning loan terms to the borrower’s performance against pre-determined Sustainability Performance Target (SPT) benchmarks
The approval came in a commission meeting on Tuesday
Environmental organisations have demanded not to build floating solar power plants in floodplains like Bangladesh due to the risk of water pollution
The minister made the call in a meeting between the Bangladesh delegation and the World Bank delegation held on Sunday
Prior to that, he served as Deputy Head of BFIU and Acting Head of BFIU
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