Dhaka March 13, 2025, 7:46 am
Banks are supposed to report to the central bank even if the defaulted loan is Tk 1 only
Ibn Sina Trust expressed its intention to sell off all of its shares at the prevailing market price through the country’s two stock exchanges – Dhaka and Chittagong – within the next 30 working days
The loan will carry a 10 per cent interest rate and is repayable in 20 years. A borrower will have to pay 5.0 per cent interest while the government will provide the remaining 5.0 per cent on behalf of the borrower
the RJSC sought information on default loan from Credit Information Bureau (CIB) of the BB urgently to verify classified loan status of possible directors of new companies that applied for registration
Islami bank’s deposits amounted to over Tk80,000 crore in January 2017 but have drastically dropped to around Tk76,000 crore now. The bank has disbursed total credit of around Tk67,000 crore as of now and its capital stands a
In September 1999, BB took a decision not to give permission for setting up new money changers, and issued a circular in this connection
The demand for Bangladesh Taka (BDT) in the money market fell drastically mainly due to the recent slash of the cash reserve requirement (CRR) by 1.0 percentage by the central bank
During the meeting with Mr Espenilla, the Bangladesh finance minister may express the hope for settling the matter out of court among other issues
Gas- and coal-based power plants, rail link and road-related infrastructure will be boosted under the BRI, where the SCB can play a major role in implementing the projects
An increase of 8.5 percent over $429 billion in 2016
The multilateral lender said the plan would allow it to lift the group's overall lending to nearly $80 billion in fiscal 2019 from about $59 billion last year and to an average of about $100 billion annually through 2030
The Bangladesh Bank (BB) has intensified its monitoring and supervision to gauge the real situation in the country's foreign-exchange market through scrutinising banks' statements
Islami Bank Bangladesh Limited's (IBBL) liquidity crisis was induced by a mix of aggressive lending and a decline in deposits last year. The bank’s deposits amounted to over Tk80,000 crore in January 2017 but have drastically
Prime Minister's Office issued a circular for 24x7 banking transaction to run the port and customs activities smoothly in the port city's Agrabad commercial area and areas adjoining the port and Customs office
Bangladesh Bank has asked Bangladesh International Arbitration Centre (BIAC) and Association of Bankers Bangladesh (ABB) to draft the guideline for realisation of non-performing loans (NPLs) in the banking sector and make ame
Arastoo Khan resigned from the post of chairman of the Islami Bank Bangladesh Limited (IBBL) on Tuesday. The bank has immediately appointed independent director Nazmul Hassan as the new chairman
The classified loans of the Prime Bank is now 5% plus, but we will bring it down below 3% within next three years
The year 2017 was the year of banking scam. Now banking sector has reduced to an orphan. And its guardians are now abusing the orphan
During the festival, BKB disbursed fresh loan of Tk. 3.90 billion among 26,470 borrowers. 1,29,581 loanees repaid loans worth Tk 4.75 billion of which Tk. 861.7 million was classified. An amount of new deposit of Tk 2.04 bil
Exports and remittances have historically served Bangladesh well by fostering rapid economic growth, but in more recent years their contributions to growth have weakened. Now Bangladesh needs of seeking new drivers of growth
