Dhaka March 15, 2025, 12:40 am
A team of the central bank led by a deputy governor will look into the cause for the slow pace in loan disbursement. The team will also recommend ways to accelerate the progress
Under the latest relaxations, all the scheduled banks have been instructed not to adversely classify any loans until December 31 instead of September 30 earlier from the states of January 01, 2020
The central bank decided to further extend the duration of the facility as the economy is yet to gain the full pace
Over 2,500 handwashing stations planned to improved sanitation services
Farm loan disbursement has witnessed a decline to due to the spread of the deadly coronavirus disease, COVID-19
It'll review fuel demand taking into account the pandemic
The original deadline was set to expire on September 30
According to Bangladesh Bank (BB) data, the scheduled banks spent Tk 5.17 billion in January to June this year, up from Tk 2.40 billion in the same period last year
This is mainly because of higher inflow from remittances, economists believe
The project is worth around Rs 12.5 crores and is funded by the Work Bank through the Economic Reconstruction Agency (ERA)
The project will strengthen BIFFL’s capacity to mobilise private investments, develop infrastructure projects, and create jobs, which will accelerate the economic recovery process after the coronavirus disease (COVID-19) pand
As many as 20 transactions will be allowed a day against five times from the current rule
BB to seek EoI from all banks soon
Loans released by the government-run banks were worth Tk 1.82 trillion
North Korean hackers active again, BB warns
At the end of July, the SoEs owed Tk 163. 32 billion in loans to the state-owned commercial banks. In June, that figure was Tk 164.38 billion
Banks have so far disbursed Tk 21.0 billion or over 10 percent of the total package amounting to Tk 200 billion
A neobank is a kind of digital banking operation where no branch is required as the service would totally be delivered online
The loans distributed by the banks stood at Tk 10.95 trillion by the end of July with a 9.2 percent year-on-year growth
The project will be co-financed by the World Bank and it aims to increase the country’s testing, tracing and treatment capacity as well as its pandemic preparedness
