Dhaka May 11, 2025, 2:41 am
In a set of orders to support the farmers, the Bangladesh Bank said the banks will have to give the farmers rescheduling facility by relaxing down-payment provisions
The central bank's move came following the market intermediaries' demand for forming a Tk 100 billion fund to support the country's ailing stock market
The loan was estimated to be 8.99 per cent higher than that of the last fiscal year’s targe
As of December 2019, the capital shortfall of the four SoCBs was Tk 981.65 billion
The first stage of the 53rd Annual Meeting comprised a reduced-scale meeting of the Board of Governors on May 22
Bangladesh Financial Intelligence Unit (BFIU) of the central bank issued a notification in this connection on Thursday
Under the relaxations, foreign investors are eligible to receive their dividend in foreign currency (FC) accounts maintained in Bangladesh
NBFIs need the fund immediately to meet liquidity requirements
The initiative has opened up an opportunity to bring fresh investment of Tk12,000 crore from all 59 banks in the country. The investment opportunity will remain open until January 13, 2025
The tanners will get loans from incentive packages, the interest rate will be 9.0 perppggcent. The government will bear half the interest
The Board of Directors of Bangladesh Bank reviewed the matter on Sunday and gave the approval
Discounting usance export bills
The 2020 Aid Transparency Index showed multilateral development banks dominated the top five places this year
It will support the government’s plan of developing a 260km economic corridor in the western part and benefit over 20 million people
Banks will remain closed in ‘Red Zone’ areas where lockdown will be enforced to contain the spread of coronavirus.
Prime Bank Ltd on Tuesday announced an alliance with Bangladesh Association of Software and Information Services (BASIS) to finance micro, small and medium enterprises (MSMEs) under the ICT sector.
A branch of Islami Bank in Sadar upazila of Naogaon district and a Sonali Bank branch in Santahar upazila of Bogura district have put under lockdown as five officials of the two banks were found infected with coronavirus.
One can only hope, is what one would remark once learning of Finance Minister AHM Mustafa Kamal's revenue target for the upcoming fiscal year, due to begin from July 1.
If the GDP growth comes down to 1.6 percent as per World Bank’s projections, it will be the lowest figure in 37 years in Bangladesh
This fund is received as part of a larger grant of $165 million from the World Bank to the MODMR, with WFP implementing part of the overall project
