Dhaka February 24, 2025, 9:16 am
The original deadline was set to expire on September 30
According to Bangladesh Bank (BB) data, the scheduled banks spent Tk 5.17 billion in January to June this year, up from Tk 2.40 billion in the same period last year
This is mainly because of higher inflow from remittances, economists believe
The project is worth around Rs 12.5 crores and is funded by the Work Bank through the Economic Reconstruction Agency (ERA)
The project will strengthen BIFFL’s capacity to mobilise private investments, develop infrastructure projects, and create jobs, which will accelerate the economic recovery process after the coronavirus disease (COVID-19) pand
As many as 20 transactions will be allowed a day against five times from the current rule
BB to seek EoI from all banks soon
Loans released by the government-run banks were worth Tk 1.82 trillion
North Korean hackers active again, BB warns
At the end of July, the SoEs owed Tk 163. 32 billion in loans to the state-owned commercial banks. In June, that figure was Tk 164.38 billion
Banks have so far disbursed Tk 21.0 billion or over 10 percent of the total package amounting to Tk 200 billion
A neobank is a kind of digital banking operation where no branch is required as the service would totally be delivered online
The loans distributed by the banks stood at Tk 10.95 trillion by the end of July with a 9.2 percent year-on-year growth
The project will be co-financed by the World Bank and it aims to increase the country’s testing, tracing and treatment capacity as well as its pandemic preparedness
Order to hold fresh AGM
The failure to repay a loan until September 30 would not be considered a default
The $ 100 million loan is part of a $250 million funding facility the AIIB has announced last month
Since Bangladesh's economy is ravaged by the virus and the government had announced a big stimulus package for economic recovery, it needs external budgetary support
The webinar aimed at focusing on the possible impacts of Covid-19 on the ongoing ADR proceedings, risk factors and how to manage risks arising from commercial transactions
A total of 15 commercial banks and 2 financial institutions have been directed to disburse the incentive amount by October 31
