BB backtracks from move to cut banks’ ADR
BB backtracks from its previous decision of slashing the banks’ advance-deposit ratio (ADR) to help them invest more for achieving expected economic growth
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Category: Banking
Banks asked to use CMMS with info on punished employees
The central bank of Bangladesh amends its directives, asking banks to provide information on penalised employees using the dedicated software
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Bangladesh doubles freelancers’ remittance receipt limit
The central bank of Bangladesh doubles the limit of small service exporters for receiving remittances through online gateway operators
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Freelancers allowed remitting up to $500 for IT expenses
The central bank enhances the limit of outward remittances on account of IT expenses to US$500 from $300 earlier to facilitate freelancers
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Banks deposit growth up, NSCs sales fall drastically
The overall deposit growth in the banking sector increased further in July while the net sales of national savings certificates (NSCs) dropped drastically
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Bangladesh forex reserve falls to $31.85bn after AUC payment
Bangladesh has made a routine payment of US$1.04 billion to the Asian Clearing Union (ACU) against imports during the July -August period of 2019
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IMF for enforcement of regulations properly in Bangladesh
The International Monetary Fund (IMF) emphasises enforcement of regulations properly to ensure stability of the financial sector in Bangladesh
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Bangladesh receives $1.17b remittance till Aug 23
Dhaka, Bangladesh (BBN)- Bangladesh received more than US$1.17 billion in the first 23 days of...
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Five PCBs to be briefed on Thursday about E-challan
The Ministry of Finance will meet with five private commercial banks (PCBs) on Thursday to apprise them of the procedure of handling the automated challans
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Govt to issue guarantee on BDT10b BB refinancing to BKB
The government is set to issue a guarantee against a BDT10-billion central bank refinancing scheme to boost credit disbursements by BKB
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Banks’ H1 deposit growth rises of Bangladesh
The deposit growth in the banking sector increased slightly in the first-half (H1) of the current calendar year following a higher remittance inflow
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Foreign firms allowed getting interest-bearing loans
Bangladesh Bank relaxes regulations allowing foreign controlled firms to avail interest-bearing loans as working capital from their parent companies abroad
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