Bangladesh moves to make Islamic bond popular
Bangladesh Bank takes steps to make Islamic bonds popular by enhancing the volume of Islamic Bond Fund and creating scopes of the bonds’ multiple uses
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Category: Banking
IMF worries about banks’ higher stressed assets in Bangladesh
IMF expresses concern over the rising trend in stressed assets in the banking sector that may hamper financial stability in Bangladesh
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Liquidity pressure eases slightly after Eid
Liquidity pressure on Bangladesh money market eases slightly in the last week, ended on Thursday after celebrating the Eid-ul-Fitr festival
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Bangladesh foreign exchange reserve improves further
Bangladesh’s foreign exchange (FX) reserve increases slightly in the recent weeks following higher inflow of foreign exchange in the market.
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Six-point reform programme to streamline banking sector
The government announces a six-point reform programme, including the enhancement of capital base for streamlining the country’s banking sector
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Proposed budget: Bank borrowing up, no-bank down
Bangladesh government targets higher borrowing from the banking system to partly finance the budget deficit for the fiscal year, 2019-2020
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Banks’ provision shortfall soars 34% in Q1
Overall shortfall in provision against loans in the banking system swelled by nearly 34 per cent in the first quarter (Q1) of this calendar year
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Govt slashes bank borrowing target by 26% for FY 19
The government slashes its bank borrowing target by 26.46 per cent for the FY 19 due to the lower implementation of the annual development programme (ADP)
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BB to form committee for curbing classified loans
Bangladesh Bank decides to form a high-powered committee to recommend measures for reducing the volume of classified loans in the banking system
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NPLs cross BDT 1.0t- mark in Bangladesh
The amount of classified loans in the banking sector surpasses the BDT 1.0 trillion-mark for the first time of Bangladesh in March 2019
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Govt. bank borrowing set to grow further in June
Bangladesh government’s bank borrowing is set to rise further in June as the execution of the ADP gained momentum, but revenue target fell short of target
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Bangladesh’s remittances hit $1.75b in before Eid
The inflow of remittances reach US$1.75 billion in May before the Eid-ul-Fitr festival, highest ever the country received in a month
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