Dhaka March 13, 2025, 7:15 am
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
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
