Dhaka March 15, 2025, 11:14 am
The leaders of Association of Bankers, Bangladesh (ABB) have also requested the central bank to intervene in the public sector banks for depositing their funds with the PCBs at maximum 6.0 per cent interest rate.
The Association of Banks (BAB) decided to bring down the interest rate on lending to 9% and that on deposits to 6% from the existing levels. The new interest rates will go into effect from July 1
The request came as they said an investigation report is necessary to continue with legal cases filed in the Philippines to recover the stolen money.
"The entire burden of investment for structural change in the economy as well as the private sector has fallen on the commercial banks, which is very unusual and very dangerous," he cautioned.
The government awards the CIP status to businesspeople from 22 sectors based mostly on the export income and the expansion of overseas markets.
Some 43 lead ministries/divisions will take part in the conference. Work plans prepared by the ministries and divisions on the SDGs may be unveiled during the national conference
Cabinet committee on government purchase (CCGP) at a meeting last week rejected the Tk 2.20 billion proposal put forward by the Bangladesh Bridges Authority (BBA) to award the study work to a Spanish company
During the same period of 2017, the Kingdom of Saudi Arabia (KSA) hired 37,856 domestic helps from the country, the official data showed.
Malaysian newspaper The Star said in a report on Friday that a syndicate spearheaded by the Bangladeshi businessman made 2.0 billion ringgit by smuggling over 100,000 workers in only two years.
The main task of the Unit will be to increase technological assistance and install intelligence equipment to face all types of risks in duty collection and containing the incidents of duty evasion.
The advice came at an unscheduled meeting with chief executives of 11 NBFIs held at the Bangladesh Bank (BB) headquarters in Dhaka on Thursday with BB governor Fazle Kabir in the chair.
Habib
Revenue collection target of Tk 3.0 lakh cr in the proposed budget
To further expand the scope and impact of its Trade Finance Program (TFP)
The settlement of letters of credit (LCs), in terms of value, rose to nearly US$43 billion during the July-April period in the FY 2017-18 from $37.37 billion in the same period in the FY 17, according to the central bank's la
The payout is estimated to be over Tk 260 billion, twice the size of the 2018 fiscal year's.
The increase in price will mainly affect large scale consumers like power plants, fertiliser factories, captive power plants, industries, and CNG refuelling stations
Most of the bank branches, located at Motijheel, Dilkusha and other commercial hubs of the capital, witnessed long queues of people waiting mainly to withdraw money before the festival
As per the Finance Bill 2018, every employee will have to furnish three types of information to their employers by 15th April of every year
The rise in inequality in the society is documented in government papers. The government should take appropriate measures to reduce inequality
