Govt. bank borrowing crosses BDT 500b
The government’s net bank borrowing crosses BDT 500 billion until middle of this month, compelled by the need for meeting budget deficit
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Category: Banking
Transaction: Inter-bank repo crosses call money market
The amount of overall transaction in the inter-bank repo crosses call money market as the banks prefer to use other windows for investment
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BB unveils long-term capital mkt plan soon
Bangladesh Bank is gong to announce a long-term comprehensive plan soon aiming to support sustainable development of the country’s capital ailing market
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BB body sees hurdles to implement single-digit interest rates
BB committee submitts report to the governor, mentioning some challenges for bringing down interest rates on both lending and deposit to single-digit
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Farm credit disbursement grows by 5.56% in H1
Farm credit disbursement grew by 5.56 per cent in the first-half of this fiscal year (FY) as demand for such loan has been picked up due to seasonal effects
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Bangladesh’s inflation may rise in H2 of FY ’20
Inflationary pressures on economy may intensify in the coming months as BB has increased the money supply target for the second-half of this fiscal
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Liquidity pressers on money market rise slightly
Liquidity pressure on Bangladesh’s money market increased slightly in the last week as the government’s higher bank borrowing to meet budget deficit partly
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Bankers seek assurance to get deposit at 6.0%
Bankers seek assurance form regulators to get deposits particularly public ones at 6.0 per cent before brining down the lending rate at 9.0 per cent
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Bangladesh forex reserve crosses $32bn again
Bangladesh foreign currency reserve crossed US$32 billion again on Monday following higher inflow of remittances, officials said.
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BB increases remit limit of IT firms
BB increases the remit limit for Information Technology (IT) or Software firms to US$40,000 from the existing level of $30,000 in a calendar year
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Govt’s bank borrowing may reach BDT 50b this month
The government is set to borrow a net nearly BDT 50 billion from the country’s banking system for the month of January to partly meet its budget deficit
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Bangladesh’s forex reserve falls to $31.90b
Bangladesh has made a routine payment of US$975 million to the Asian Clearing Union (ACU) against imports during the November-December period of 2019
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