Dhaka March 15, 2025, 12:40 am
Bankers said their debt is not being recovered and the borrowers are not declared as defaulters, creating a huge imbalance between their income and operating cost
Banks should be looking for fresh investors to create a new generation of entrepreneurs as almost all traditional entrepreneurs owe a large volume of term loans and have access to the stimulus packages
Bangladesh Bank has further relaxed repayment of loans by allowing the borrowers to make their due payments to financial institutions in more installments, considering the Covid-19 fallout
The IFC delegation assured the finance minister of considering his requests
Since March, the IFC has fully deployed an amount of $2.0 billion for the purpose. Bangladesh is among the emerging market countries that would receive support for overcoming the crisis and creating business opportunities
Such an interest rate on loans under the EDF will continue until March 31, 2021
In our incentive packages, we've taken measures to extend financial assistance to various small businessmen by providing them with loans at low interest. But I think our private banks need to be a little more sincere in this
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According to the concerned sources of Bangladesh Bank, some industrial entrepreneurs have been accused of not using the loan for the purpose for which it is disbursed. Many entrepreneurs are repaying old loans with stimulus f
Schoolchildren deposit Tk 1.78bn in 6 months during corona
Bangladesh Bank (BB) has taken different regulatory steps to encourage banks to pursue alternative investments like venture capital
State-owned BKB has sought the redeemable 10-series zero-coupon bond under re-capitalisation at a 4.0-percent yield
Using these machines both customers and bearer can deposit money in real-time at any City Bank account in 24x7 basis
Under the policy supports, importers are allowed to enjoy different benefits relating to advance payment, import of raw materials, chemical fertiliser and life-saving drugs until March 31, 2021 instead of September 30, 2020
The BB's intervention came against the backdrop of appreciating mode of Bangladesh Taka (BDT) against the US currency mainly due to lower import payments recently
The move for opening more branches in KSA by some commercial banks is now at a standstill due to a lack of necessary approval from the monetary authorities there
The Banking Regulation and Policy Department of the Bangladesh Bank (BB) issued a circular in this regard on Thursday with immediate effect
Senior bankers, however, predicted that the spread may improve further in the near future if the falling trend in interest rates on deposits continues
Risk weight slashed by one-third
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