Dhaka February 24, 2025, 6:30 am
The central bank has invited applications from interested banks by May 14 to sign participatory agreements (PAs) on receiving refinancing facility under the large industries and services sector.
The loan is expected to benefit over 15 million poor and vulnerable people in Bangladesh
Fresh borrowers will have to pay interest on all kinds of loans as usual for April and May, according to a Bangladesh Bank, or BB, notice on Monday.
The central bank gave the instruction considering the inconvenient situation for Covid-19.
The National Savings Directorate has started selling savings certificates Wednesdays and Thursdays every week
The project will equip 17 medical college hospitals with isolation and critical care units, and train 3,500 health sector workers in modern skills and knowledge
HSBC Holdings PLC’s on Tuesday warned of more earnings pain to come after first-quarter profit nearly halved
The interest rate on the loans has been capped at 9 percent, of which the government will subsidise 4.5 percent, according to the notice. The borrower will pay rest 4.5 percent interest rate
The World Bank projected that metal prices would drop 13 percent overall in 2020 as the shutdown of key industries weighs heavily on the market
However, bank employees have to stay at office till 3:30 pm
Adversity brings out the best in man, William Shakespeare once said.
Around 1.92 million Mobile Financial Service (MFS) accounts have been created
The equipment included 14 ventilators, 24 respirators (oxygen concentrator), 57 pulse oximetres and 12 laryngoscope sets for adults and children
Conditions include maintaining single borrower exposure limit, loan classification and provisioning rule, and highest loan limit for both banks and clients
This will be applicable for any sorts of sickness including COVID-19 infection
The revised limit of ADR will come into effect from April 15
BB has instructed the Sonali, Rupali, Agrani, Janata, Bangladesh Krishi, and the Rajshahi Krishi Unnayan banks to remain open from 10 am to 1 pm for transactions
bank branches located in the lockdown areas will remain closed in accordance with the announcement of the local administration
All the operations of the branch have been transferred to Agrani Bank Amin Court Branch at Motijheel
Prime Minister Sheikh Hasina joined the program through a video conference and appreciated their humanitarian efforts.
