Sales of savings schemes more than triple in July-Nov
Net sales of national savings certificates more than tripled in the five months of this fiscal due to lower interest rate, offered by the banks, on deposits
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Category: Banking
Farm credit disbursement grows by 32% in Q1 of FY ’21
Farm loan disbursement grew by 32 per cent in the first quarter of this fiscal year following implementation of stimulus package along with interest subsidy
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Bangladesh’s call money rate falls significantly
The call money rate dropped significantly on Tuesday as the central bank injected fund continuously through buying the US dollar from the banks
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DSE board members to meet BB governor today
A four-member delegation of the board of directors of the DSE is scheduled to meet with BB Governor Fazle Kabir Tuesday afternoon
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BB to ask banks, NBFIs for faster execution of stimulus for CMSMEs
BB is set to ask banks and non-bank lenders for faster implementation of stimulus packages for CMSMEs to speed up recovery of the pandemic-hit economy
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Govt. starts FY ’21 with higher bank borrowing
Bangladesh government starts the new fiscal year with higher bank borrowing as July loans figure almost doubled following lower revenue collection
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Stimulus for CMSME: Slow progress in fund disbursement
Banks and NBFIs disburse only BDT 15 billion of the stimulus package until July 30 for cottage, micro, small and medium enterprise (CMSME) sector
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India’s bank debt restructuring to delay NPL recognition
RBI recent proposal to allow banks to restructure many types of loans will extend uncertainty over the banking sector’s asset quality, says Fitch Ratings
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Yield on Two-Year BGTBs rises slightly
Yield on Bangladesh Government Treasury Bond (BGTBs) increases slightly on Tuesday as banks were least interested to buy the instruments
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ADB expedites trade finance to support private sector in Bangladesh
ADB expands the Trade Finance Program (TFP) to support private sector in Bangladesh by raising its financing limit to $755 million from $518 million in 2019
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EBL launches first e-KYC account in Bangladesh
Eastern Bank Ltd. (EBL) introduces an instant account opening solution –EBL INSTA Account—for the first time in Bangladesh under e-KYC guideline on Sunday
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BB sells $13m more to two commercial banks
The central bank of Bangladesh sellsUS$13 million more to two banks on Wednesday directly to meet the growing demand for the greenback in the market
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