Dhaka March 15, 2025, 12:40 am
The loan was given without prior approval of the central bank and its board of directors
The blankets will distributed among the poor and distress people during the upcoming winter
The fresh move comes at a time when a number of e-commerce platforms are facing allegations of fraud over delivering products to customers on time or refund issues
he loan will be used for implementing a project titled ‘Sustainable Economic Recovery Programme (Subprogramme-1)’ to early recovery of the economy
The statement, which was launched at COP26 in Glasgow, recognizes the critical role of nature's ecosystems and biodiversity play in supporting the planet and people's health, well being and livelihood
This project, which will facilitate access to finance for the small and medium enterprises, will support the post-COVID-19 recovery and growth of the CMSMEs
Bangladesh must continue reforms to make its economy more resilient and resume progress towards the authorities’ ambition of reaching upper middle-income status
Twenty-eight out of 32 listed banks have so far filed their third-quarter results (July-September) with the Dhaka Stock Exchange
The school banking was introduced to inculcate the habit of savings among the account holders
The growth projection for the current fiscal reflects a strong recovery supported by strengthening manufacturing, continued expansion in the global economy and effective government recovery policies, the ADB said
The CPS for 2021–2025 will help Bangladesh realize its aspiration of becoming an upper-middle-income country by 2031 through increased public and private investments in the next 5 years
The new products, each of which will receive the cash support at the rate of 4 percent over their export value, are locally produced tea, bicycle and its parts, MS Steel products and cement sheet
The banks’ recovery of Non-Performing Loans (NPLs) fell by 6 percent in the second quarter (April-June) of this year compared to that in the first quarter
The central bank in a circular on Monday asked all banks to complete the registration and mutation of the non-banking assets, ensure the physical possession within the quickest possible time, and include the assets in the bal
The Tk 3,000 crore fund, named “Agriculture Sector Stimulus Re-financing Scheme (second phase)” was decided to be formed in order to ensure required soft loan for agriculture sector to make its activities more vibrant as sect
The restriction is aimed at protecting the depositors' interests
Dhaka will have to pay some $400 million in the next seven years for becoming a shareholder of the bank
The landmark transaction received strong participation from international financial institutions, with lenders from Asia, Europe, and the Middle East actively supporting it
Banks have been asked not to open trust cum settlement accounts (TCSAs) under Nagad Limited unless it gets approval from the postal department and the Bangladesh Bank (BB)
Under this agreement, revenues/taxes can easily be paid through Automated Challan System (ACS) from any branches of Dutch-Bangla Bank
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