BB resumes selling of US$ to banks after month
The central bank of Bangladesh resumes providing foreign exchange (forex) support to banks through selling the US dollars to them in October
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Category: Bangladesh Bank
Bangladesh Bank sells $5.0m to a SoCB
The central bank of Bangladesh sells US$5.0 to a state-owned commercial bank to settle their import payment obligations, officials said
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Bangladesh’s current account balance returns to surplus
Bangladesh’s current account balance returns to surplus during the first two months of the current fiscal year after three years of negative balance
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BB sees higher NPLs may hamper growth momentum
Dhaka, Bangladesh (BBN)- Managing higher non-performing loans (NPLs) and tight liquidity condition...
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Farm credit disbursement falls by 5.75% in July-Aug
Farm credit disbursement decreases by 5.75 per cent in the first two months of this fiscal year (FY) in the wake of flood as well as seasonal effect
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Inward remittances up by 16.60% in Q1 of FY ’20
The inflow of remittances grew by 16.60 per cent in the Q1 of FY 20 as the government has announced 2.0 per cent incentive for remittance receipts
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Private sector credit growth falls further in August
Bangladesh’s private credit growth decreased further in August as some banks had to prepare for complying with the central bank’s revised ADR rules
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Govt’s set BDT13.93b negative bank borrowing target for Oct
The government’s net borrowing from the banking system is set to be negative in October, as it is scheduled to repay over BDT 13billion
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Bangladesh’s economic growth projections for FY ’20
ADB expects the Bangladesh economy to grow at 8.0 per cent during FY ’20, 0.2 percentage points lower than the government’s projection for the same
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BB changes discarded banknote disposal policy
BB changes its policy on disposal of discarded notes, allowing its branch offices to destroy such banknotes with the help of city corporations
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BB extends liquidity support to banks for revamping share market
The Bangladesh Bank extends temporary liquidity support to the scheduled banks for boosting their investment in the country’s ailing share market
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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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