Dhaka April 22, 2025, 1:21 am
The meeting reviewed overall business perfomance of the Bank and took dicission on various important issues
The total cost of the project is €270 million and consists of the purchase of about 200 rail passenger carriages and about 40 locomotives for regional and intercity services
Private banks will be able to get 50 pc of the government funds instead of 25 pc". The private bank leaders also requested the Finance Minister to reduce the Cash Reserve Requirement (CRR) by 3 per cent. They also wanted to b
The annual disbursement of the industrial term loan stood at Tk 631.81 billion in 2017, as against Tk 676.39 billion in the previous year
Under the scheme, loans would be allocated to construct some 4,050 units of houses in rural areas, 2,825 units in peri-urban areas and 1,101 units for non-resident Bangladeshis
The credits will come from the International Development Association (IDA)
Malaysia’s central bank today detected and foiled an attempted cyber attack and efforts to transfer funds without authorisation using falsified SWIFT messages
To mitigate the ongoing liquidity crunch, the state-owned enterprises (SoEs) may be allowed to deposit 60 per cent of their funds with the public banks and rest 40 per cent with the PCBs
Hong Kong-based magazine, Asiamoney, has awarded BRAC Bank the "Best Domestic Bank", the "Best Digital Bank" (For bKash Limited) and the "Best Bank for Corporate Social Responsibility". This is the first time BRAC Bank earned
4 state-owned commercial banks (SoCBs) out of total six, 3 of 40 private commercial banks (PCBs) and 2 specialised banks suffered an aggregate capital shortfall worth over Tk 194.67 billion in the last calendar year mainly as
Eastern Bank Limited has won the ‘Best Corporate and Investment Bank of Bangladesh’ award by Asiamoney for the second consecutive year
The central bank has introduced a new set of regulations on appointment of chief financial officer (CFO) and chief information technology officer (CITO) of the banks to ensure good governance in the banking system
Some banks are charging over 20% interest rates on industrial loans
ADB remains committed to building on its 45-year partnership with Bangladesh, Nakao said
Bangladesh Bank has unearthed another string of scams at the Farmers Bank involving loans of around Tk 500 crore that were sanctioned to 11 companies in violation of banking norms and procedures
Since its inception, the government allocated Tk 20 billion in favour of the Fund until March last year. The money was apportioned into Tk 15.13 billion for agriculture and Tk 5.12 billion for information and communication te
The World Bank has approved a US$15 million financing to help Bangladesh produce timely and quality statistics
By 2050, 86 million "climate migrants" will be displaced in Sub-Saharan Africa, 40 million in South Asia and 17 million in Latin America -- 143 million in all
Nine banks out of 57 failed to keep requisite provisions against loans, particularly classified ones, during the period under review. Of them, three are state-owned commercial banks (SoCBs), five private commercial banks (PCB
Nine new banks — Meghna Bank, Midland Bank, Modhumoti Bank, NRB Bank, NRB Commercial Bank, NRB Global Bank, South Bangla Agriculture and Commerce Bank, The Farmers Bank and Union Bank — are suffering the most in collecting de
