Dhaka March 15, 2025, 4:31 am
The development lender, in its flagship publication 'Global Economic Prospects', also said Bangladesh's economic growth will be 5.1% in the fiscal year (FY) 2021-22, higher than the earlier growth forecast of 3.4%
They withdrew Tk 176 crore using these fake documents and by giving seven illegal bank guarantees without the approval of the office was embezzled too
The exporters will now enjoy the facilities until December 31 this year, according to a notification issued by Bangladesh Bank (BB) on Monday. The existing supports were scheduled to expire on June 30
The ADB's investment in railways was much higher than initially planned, but (it) did not represent a significant contribution to the economy, although it was a high priority for the government
The review recommends that climate change and environment should be the leading strategic priorities in the forthcoming five-year country partnership strategy for Bangladesh
Given the ongoing situation due to COVID-19, it has been decided to continue the policy support till December 31, 2021
Long-term loans are very crucial for industrial investment and it is very difficult to establish factories without long-term financial support
The Hong Kong-based journal awarded City Bank for the seventh time starting in 2012 in recognition of its consistent good performance and innovations in banking services
According to the budget proposal, an amendment will be made in this regard allowing transaction of over Tk50,000 through mobile banking services
This can help the borrower buy some time to adjust the repayment plan and also not default on their loans
Some 1.3 million people were the direct beneficiaries from 10 packages under which bank loans were provided to youths for employment generation, farmers for agriculture production, large industries and service sectors, small
Banking transaction will continue from 10:00 am to 3:00 pm every day. After that, the bank will remain open till 4:30 pm for post-transaction activities
BB said the bank authorities can conduct their activities in discussion with the local administration
The release said once completed, over 11 million people in Bangladesh’s northern region will be benefited from increased mobility and integration of local and regional markets
Chairman and Managing Director of Bangladesh Krishi Bank will have to produce the documents before the HC in four weeks
These two projects will include youths, women, disadvantaged groups, and returnee migrant workers to improve employability and livelihood opportunities, and build their resilience against future shocks like the Covid-19 pande
The volume of banking transactions have crossed a record Tk 105 billion on Sunday though the average daily transactions remain between Tk 60 billion and Tk 70 billion in regular times
Healthy competition should be ensured in the fast-growing mobile financial services (MFS) segment for the benefit of the users and the operators, and the regulator needs to ensure that no one acts like a monster
The relevant clauses of these guidelines shall also be applicable for scheduled banks that open and maintain Trust Cum Settlement Account for the Trustee
Bangladesh Bank issued this instruction in compliance with the directives of the Cabinet Division
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