Dhaka September 20, 2024, 7:11 am
The Bangladesh Bank (BB) has asked for the methodology of calculation on forward rates from nine banks within a week
US dollar was quoted at Tk 83.60 each in the inter-bank forex market on the day against Tk 83.10 of the previous working day
The project covers manufacturing and agribusiness sectors, including leather, mini textiles, light engineering, plastic, food processing, metal products, livestock, horticulture, aquaculture and poultry
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Branches of the commercial banks at Khulna City Corporation area, Talora Municipality area
The committee will be given necessary assistance and suggestions for the implementation of the project activities. If any problem arises during the project implementation, the committee would take decisions to resolve the pro
The Parliamentary Standing Committee on the Finance Ministry recently recommended that regulators be vigilant in order to save Islami Bank Bangladesh Ltd (IBBL) from any kind of financial disaster
Govt and Bangladesh Bank have authorized four state-owned banks and one state-owned financial institution to inject Tk715 crore into the bank in exchange for 60% of its shares in a bid to save the scam-hit Farmers Bank Ltd fr
Country's foreign exchange reserve (forex) fell below US$ 32 billion again on Wednesday, following a regular bi-monthly payment to Asian Clearing Union (ACU) and the central bank's direct selling of US dollar to the commercia
In the absence of a direct banking channel, Bangladeshi businesses have to use a third country to export goods to Russia, which does international trade in its currency, ruble. Traders said the existing export and import syst
Strong credit growth, wider current account deficits, and inflationary risks, however, warrant continued prudent management of macro-financial stability," the central bank said in its latest Bangladesh Bank Quarterly (BBQ) fo
Bangladesh Bank (BB) has requested the government to persuade the Washington-based multilateral donor agency to quicken the process of providing NOC so that funds can be released for the implementation of the projects
The Chairman of the Islami Bank Foundation Shamim Mohammad Afzal on Tuesday presided over the meeting
Five state-owned banks have been advised to to submit their action plans as early as possible to improve financial health through reducing the volume of classified loans. Also adviced to use all type of options -recapitalise
Under the rationalisation and simplification of sale process, buyers and sellers will have to sign a memorandum of understanding (MoU) prior to seeking approval from the Bangladesh Bank (BB) for transferring fund
The central bank said that the long-term financing through short-term deposits creates mismatch in asset and liability position of the banks, raising risks to the liquidity management. Arranging long-term fund through floatin
Board of directors of 16 banks, out of 30 listed banks, declared lower dividends for 2017 than that of the previous year as the profit margins declined due to huge provisioning. Only five banks declared higher dividends than
ADB Governors also approved the bank's annual financial statements
National strategy for preventing money laundering and combating financing of terrorism 2018-2020
United Commercial Bank (UCB) Limited, along with Grey Group Bangladesh, has introduced virtual currency, the first of its kind in Bangladesh