Yield on 07-Day BB bills dips below 1.0%
The weighted average yield on 07-Day Bangladesh Bank (BB) Bills fall to below 1.0 per cent while no bids for 14-Day BB bills were received on Wednesday
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Category: Banking
Money market: BDT demand falls after slashing CRR
The demand for Bangladesh Taka (BDT) in the country’s money market falls l recently as slashing the cash reserve requirement (CRR) by the central bank of Bangladesh
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Bangladesh Bank sells $ 20m more to eight banks
The central bank of Bangladesh sells US$20 million more to eight commercial banks to meet the growing demand for the greenback in the market
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Bangladesh Bank assessing forex market situation
Bangladesh Bank intensifies its monitoring and supervision to assess the real situation in the country’s foreign-exchange market through scrutinising banks’ statements
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Bangladesh Bank sells $11m to six banks
The central bank of Bangladesh sells US$11 million more to six commercial banks to meet the growing demand for the greenback in the market
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Reverse auction for buy-back starts in Bangladesh
Reverse auction for buy-back of the government securities starts on Wednesday without accepting any bids, officials said
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Bangladesh’s forex reserve crosses $33bn-mark again
Bangladesh’s foreign exchange (forex) reserve crosses the US$33 billion-mark again following inclusion of asset with International Monetary Fund (IMF) in its reserve calculation
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Major changes again at IBBL after 15 months
The board of Islami Bank Bangladesh Limited (IBBL) sees major changes again, as its chairman Arastoo Khan resigned from the post on Tuesday
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Banks asked to bring down lending rates to single digit
Bangladesh Bank (BB), the country’s central bank, asks the banks to bring down the interest rate on lending to single digit from the existing level as soon as possible
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PM asks banks to bring down interest rates to single digit
Prime Minister of Bangladesh Sheikh Hasina asks bankers to bring down the interest rates of loan to single digit to expedite investment in the country
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Bangladesh adds asset with IMF in forex reserve
Bangladesh Bank includes the asset, lying with International Monetary Fund (IMF)’s currency-SDR (special drawing rights), in the country’s foreign exchange reserve calculation
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Banks’ NPLs: Curse for sustainable growth of Bangladesh
Now that Bangladesh has graduated to developing country all efforts should be made to strengthen the banking sector which is the backbone of the economy
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