Razee Hassan takes charge as BFIU head
Former deputy governor of Bangladesh Bank (BB) Abu Hena Mohd Razee Hassan has been appointed the head of BFIU until September 10, 2021
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Category: Banking
Banks allowed holding foreign loan collaterals directly
Banks are now allowed to hold collaterals on behalf of the non-resident lenders against external loans, availed by the state agencies, without prior approval from Bangladesh Bank
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ICB to inject fresh funds into mkt ahead of polls
ICB is going to inject more fresh funds into the capital market to keep the market stable ahead of the upcoming national polls
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BB sees tension over next polls ‘insignificant’
BB assumes that political tensions centring on next election will be insignificant and hence economic growth and inflation are likely to remain stable in this fiscal
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BB resumes selling of US$ to banks after a month
The central bank resumes its foreign exchange support through selling the US dollar to the commercial banks after nearly a month interval
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MTB to issue fresh equity in favor of Norfund
The board of directors of Mutual Trust Bank decides to convene an EGM to issue fresh capital and changes in few clauses of Articles of Association
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Bangladesh’s forex reserve falls to $31.66b after ACU payment
Bangladesh’s foreign exchange reserve (forex) falls below US$32 billion again on Monday following a regular payment to the Asian Clearing Union (ACU)
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Bangladesh’s NPLs soar by 20.24% in H1
The amount of NPLs jumps by 20.24 per cent as on June 30 in the banking sector from December last despite close monitoring by the central bank
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State lenders to invest BDT 10bn in Farmers Bank bonds
Five state lenders are going to invest BDT 10 billion more in the troubled Farmers Bank Limited (FBL) through subscribing subordinated bonds
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City Bank to invest worth BDT 1.30b in the subsidiary
The board of directors of Bangladesh’s City Bank decid to invest in share capital worth BDT 1.30 billion in City Brokerage, a subsidiary of the bank
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Govt. gross bank borrowing to hit BDT 130b in Sept
Bangladesh government is set to raise bank borrowing significantly in September as part of financing its budget deficit for the current fiscal year (FY) 2018-19
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One more PCB to get licence shortly
The central bank of Bangladesh decides in principle to give licence to one more private commercial bank shortly.
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