Dhaka September 20, 2024, 7:07 am
Finance Division Secretary Mohammad Muslim Chowdhury will sign the notes which will be issued at Motijheel branch of Bangladesh Bank (BB) on Sunday (tomorrow) and other offices of the central bank later
Ruling party MP Prof Md Ali Ashraf put emphasis on restoring discipline in the banking sector saying that the sector will collapse if steps are not taken immediately. “The Finance Minister must take steps.”
The BCIC recently wrote to the industries ministry seeking extension of the tenure of the counter-guarantees, issued in favour of five state-owned banks (SoBs), by one year to June 30, 2019
The volume of classified loans in the country’s banking system jumped by more than 19 per cent or Tk 142.86 billion in the first quarter (Q1) of 2018 despite the central bank’s close monitoring
The tax rate, now levied on the banks, insurance and financial entities listed with the capital market, has also been proposed to be cut to 37 per cent from 37.5 per cent
BB takes actions against the responsible persons as per the Bank Company Law, 1991
The last banking commission was set up in 2004. Recommendations of such commissions were not fully implemented
Govt should formulate a separate law to give Islamic banking a strong legal coverage. At the same time, Islamic banks in the country should look to introduce more Shariah-compliant bonds like Sukuk for better liquidity manage
The amount of non-performing loans (NPLs) rose to Tk 885.89 billion during the January-March period of this calendar year from Tk 743.03 billion in the preceding quarter
As part of the decentralisation drive, the IDB is planning to establish 11 regional hubs across the world, and Dhaka will be one of them
Banks can increase the lending rate by 0.50 percent each time
As per the loan portfolio mix-2017 of the bank, term loan accounted for 21.92 per cent, SME 16.81 per cent.
Of Tk 179.52 billion loans disbursed in the ten months, Tk 96.59 billion came from private commercial banks while the remaining Tk 82.93 billion was disbursed by the state-owned banks
BB representative said the volume of default loans in the banking sector was Tk. 800 billion, according to the latest estimate. Off them; one of the top listed defaulters, got loans from 13 banks, of which most part of the lo
According to the BB, the checklist has been prepared in line with the "Prudential Guidelines for Agent Banking Operation in Bangladesh"
New currency notes for Tk 10, 20, 50 and Taka 100 in the market
Huge cache of gold has illegally been brought in the country by evading tax
All the investigating officers asked to appear before HC on Wednesday next
Large Taxpayers' Unit (LTU) under the Value Added Tax (VAT) wing recently wrote to the managing directors of 17 large commercial banks to scrutinise their VAT collection from overseas payment of advertisement bills on Faceboo
During the January-March period, the number of agents increased to 3,216 from 2,577 in the October to December quarter and the number of bank agent outlets also increased to 4,905 from 4,157 in the same quarter