Dhaka March 20, 2026, 4:20 am
Covid-19 pandemic and single-digit lending rate have caused enough damage to the banks' profitability
The $500 million loan from the International Bank for Reconstruction and Development (IBRD) has a maturity of 18.5 years, including a grace period of five years
Prime Minister Sheikh Hasina has expressed her interest in being a part of the initiative
Eastern Bank Limited (EBL) has been awarded by IFC under World Bank Group as the Best Partner for Equipment Trade in South Asia under Global Trade Finance Program
The assistance is additional to an earlier grant of $2 million approved in 2018 for creating innovative knowledge solutions on strategic issues for Bangladesh’s economic transformation
The ADR - a ratio between deposits and credit at any point of time-of all banks came down to 74 percent as on September 24 from 76.22 percent as on June 30 this year. It was 77.34 percent as on December 31, 2019
BB had approved Tk 99.46 billion worth of loans for the small entrepreneurs from the Tk 200 billion stimulus package for them until Nov 30, but the banks disbursed Tk 82.18 billion
The board awarded the licence to the proposed bank as its sponsors fulfilled all regulatory requirements
Penalty was imposed by the central bank on the former Farmers Bank Limited, which could not comply with the CRR and SLR rules properly
The project will identify three additional microenterprise products for expansion and support microenterprise cluster development
Other relevant instructions in this context shall remain unchanged
ADB will invest through 2021 more than $3.4 billion in water supply, sanitation, and wastewater treatment
Terms and conditions of the SUW loan are harder than that of the WB's concessional lending window - the International Development Association (IDA)
The volume of non-performing loans (NPLs) fell by nearly 2.0 percent or Tk 16.76 billion to Tk 944.40 billion as on September 30 from Tk 961.17 billion as on June 30 this year
The financing package is part of IFC’s $8 billion global COVID-19 fast-track financing facility, aimed at helping companies stay afloat during the ongoing public health crisis
The amount of surplus liquidity in the banking sector has now reached a record Tk 1.75 trillion
The test was supposed to be held in 67 centres in the capital on December 5
The fund is likely to be provided as an additional financing for the WB-funded ongoing "Covid-19 Emergency Response and Pandemic Preparedness Project"
In 2016, Abul Kashem and Nazneen Sultana, two deputy governors, were removed after the Bangladesh Bank reserve hack. Two posts had remained vacant since then
In view of this, the banks have increased surveillance on online transactions and ATM booths. Some banks have started closing ATM booths at night
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