Dhaka March 14, 2025, 9:30 am
The three banks are — Islami Bank Bangladesh, Social Islami Bank and First Security Islami Bank
The loan contract may be signed this week after getting PMO approval of the summery
Banks would be able to replace cars and other vehicles used by their chairmen and chief executive officers and the lenders if they are at least eight years old which was five years earlier
Savings of customer are secure. No change in board immediately. Remittance increases by $35m in Nov
This facility will provide short-term liquidity in the shariah-based banks operating in Bangladesh
The loan will be used for the purchase and installation of spinning machinery and associated equipment for the second spinning unit
Such relaxation has been taken to create the opportunity of funding in reduced cost to grow new businesses and investments, which will make the economy vibrant
HC also directed to take action against the ACC according to the law if the probe is not completed within this time frame
He was speaking to journalists in the conference room of the Ministry of Finance on the current situation of the country’s banks, especially, money swindling from the Islami Bank Bangladesh
The finance minister inaugurated the programme in his office at Bangladesh Secretariat
Bangladesh Bank (BB) has allowed foreign firms and joint ventures (JVs) located in the economic zones (EZs) to take working capital loans in taka from the domestic banking system for their operations catering for the local ma
An explanation has been sought from the authorities concerned to verify the accuracy of these videos
There is a liquidity of Tk 1.70 lakh crore remaining in the banking sector at present, which is more than the requirement
She gave the instruction during a meeting of the National Implementation Committee for Administrative Reforms (NICAR)
Amid the government’s fund crisis, Bangladesh Bridge authority badly needs the money from the fiduciary bank within a short time
It instructed the banks in case of interest waiver they have to take the opinion of the head of internal control and compliance (HICC) through internal audit department
The Microenterprise Financing and Credit Enhancement Project will increase the liquidity of microfinance institutions (MFIs), which are key lenders to microenterprises, by channeling funds through Palli Karma Sahayak Foundati
In the near to medium term, Bangladesh will have significant investment requirements in energy and infrastructure that will likely be brought to life through private-sector partnerships
The situation arose following restrictions on opening LC and limitations on services related to foreign exchange
“The country has been losing foreign currency due to banks’ failure to assess the real market prices of imported goods,” Talukder told the chief executive officers of banks at Bangladesh Bank’s headquarters in Dhaka
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