Dhaka March 14, 2025, 11:46 pm
ADB Vice-President Shixin Chen made this commitment during his meeting with Prime Minister Sheikh Hasina on May 9 in Dhaka
Md. Zakir started his banking career at Prime Bank Ltd. in 1995. Later, he also worked for EXIM Bank Ltd., Al-Arafah Islami Bank Ltd. and Midland Bank Ltd. as Corporate Branch Manager
Revisit expansionary monetary policy, follow cautious one to tame inflation: Economists
The premier made the request when Vice President of ADB (Operations-1) Shixin Chen paid a courtesy call on her at her official Ganabhaban residence on Monday morning
the ADB had responded quickly to Bangladesh's call during the pandemic period with its highest amount of financial help for facilitating economic recovery from the impact of coronavirus
A board of directors meeting on Sunday approved the proposal to extend the deadline, which was supposed to end in June, on humanitarian grounds in line with a request from Sri Lanka
Besides, the scheduled banks will remain open on Friday and Saturday (from 9:30 am to 12.30pm) in industrial areas in Dhaka, Gazipur, Narayanganj and Chattogram to meet the growing demand for cash money ahead of Eid-ul Fitr
Prior to the promotion, he was serving in the rank of Senior Executive Vice President & Head of Corporate Business Unit of the bank
For maintaining productivity and momentum of the overall economic activities, the central bank instructed banks to increase the already sanctioned working capital loan limit
The latest policy has stated in detail who will get the waiver facility and how the whole process will work
The central bank has kept ready a stock new notes of Tk 230.0 billion and the amount will be increased if required
Baby food, fuel oil, life-saving drugs and products for farm, export and local industrial sectors would be excluded from the instructions
In order to avail the subsidies, it is required by the Commerce Ministry that exporters of ITES acquire a certificate from the two organizations—BASIS and BACCO
Its chairman heads Shariah panel, none in the committee has knowledge of Islamic jurisprudence
Under this agreement all 383 branches of Rajshahi Krishi Unnayan Bank will be able to disburse inward foreign remittance received from different part of the world through NCC Bank
The World Bank is set to provide half a billion US dollars in loan to modernise the rural electricity distribution system in Dhaka and Mymensingh regions
ADB's assistance supports the government's goal of accelerating economic growth through industrialisation and trade,
The Finance Ministry is considering approving a proposal of Bangladesh Bank (BB) using the 'currency swap' system with Russia to avert losses
The program reflects ADB's commitment for climate resilience and green growth while reducing poverty, improving livelihoods, and managing water-related disaster risks
The project supports the policies and strategies of Bangladesh and ADB for climate resilient urban development, more livable cities, green growth, and environmental sustainability