Dhaka March 19, 2026, 7:11 pm
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
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
