Relaxes rules: Term loan borrowers to get more benefit
Bangladesh Bank revises loan classification rules allowing six months from expiry date to overdue in case of term loan to facilitate business activities
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Category: Banking
Bangladesh’s private sector credit growth falls in Feb
Bangladesh’s private-sector credit growth decreases significantly in February as some banks, particularly private ones, faced liquidity pressure
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Bangladesh relaxes loan write off policy for NBFIs
The central bank of Bangladesh relaxes its loan write-off policy for non-banking financial institutions (NBFIs) like scheduled banks
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Bangladesh forms €50m low-cost fund for safer RMG
Bangladesh government forms a €50 million low-cost fund to facilitate garment factory remediation with the view to enhancing workplace safety in the sector
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School banking deposits cross BDT 15b in 2018
School banking is becoming popular gradually in Bangladesh as deposits with the banking crossed BDT 15 billion in the last calendar year
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BB asks NBFIs no deposit, lending in centres
Dhaka, Bangladesh (BBN) – The central bank of Bangladesh has asked the non-banking financial...
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Bangladesh’s regulators pledge to revamp bond market
Bangladesh’s regulatory bodies decide to make coordinated efforts for revamping the bond market aiming to meet the long-term financing need of the economy
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RBI postpones accounting rules, sparing banks bad-loan piles
India delayed introduction of new accounting rules for the second year to spare the banks from adding another layer to $190 billion pile of bad loans on their books
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Bangladesh assigns lawyer to deal with RCBC’s case
Bangladesh assings a lawyer to look into all legal issues including a defamation suit filed by RCBC against the country’s central bank
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Guideline for authorized gold dealer finalized
The central bank of Bangladesh finalizes a guideline for appointing authorised gold dealers (AGDs) to import gold bars directly
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BDT depreciates five poisha more against US dollar
The exchange rate of the Bangladesh Taka (BDT) depreciates further against the US dollar on Sunday due to higher demand for the greenback in the market
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Bangladesh’s liquidity pressure to be eased further
Liquidity pressure on Bangladesh money market is expected to ease further as the government is set to lower its borrowing from the market
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