Dhaka July 3, 2025, 9:30 am
The Agriculture Credit Department (ACD) of the central bank on Monday issued a circular asking banks to disburse 40 per cent of the remaining allocation of Tk 30.0 billion refinance scheme in the flood-affected districts
The farmers, who borrowed for cows and calves farms at 4 percent interest rate under the loans scheme of enhancing milk production, can repay the loans by December 31, 2024
The central bank has strengthened its foreign-currency support to the scheduled banks in recent months to handle volatility in the forex market
The central bank asked Uttara Finance to take action to secure the depositors' interest
Padma Bridge would make significant contribution to Bangladesh’s attainment of a middle income country status as well as graduation to a higher income county soon
The new commemorative note will be available at Bangladesh Bank's Motijheel office and later at other branch offices from tomorrow
Checking inflation, helping productive sectors come first
Despite growing risk, digital payment and even the use of digital currencies has been increasing in the global arena
The directive comes after the central bank noticed that a section of borrowers diverted their loans to unproductive sectors, took loans showing false documents, and embezzled loans
The central bank issues the directive to prevent forgery
Abdur Rouf Talukder played a leading role in making stimulus packages to boost the economy during the Covid-19 pandemic. His advice on ensuring the country's economic stability was hailed at the state level. In fact, the Mini
The local currency depreciated further against the US dollar (USD) mainly due to higher demand for the greenback for settling import-payment obligations
State-owned banks bear the brunt of default loans the most, at 20 percent, while private banks account for 5.84 percent, foreign banks 4.53 percent and specialised banks for 12 percent
The price of the dollar in the market will be determined by demand and supply and banks will be allowed to set their own dollar prices
Eastern Bank Limited (EBL) is offering International Student Identity Card (ISIC) Co-brand Prepaid Card with SSBCL Group in association with Vis
The repurchase agreement rate is the rate at which the central bank lends money to commercial banks in the event of any shortfall of funds
Banks will have to follow the rate based on BAFEDA’s proposal
Under the scheme, a customer can get a loan with 4.5 percent interest rate
Central bank sits with banking high-ups today
The Banking Regulation and Policy Department (BRPD) on Monday (May 23) issued the amendment of the notification and allows travel abroad for Hajj-Umrah, treatment and other special needs
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