Banks asked to achieve farm credit disbursement target
Bangladesh Bank asks commercial banks for taking effective measures to achieve their agro-credit disbursement targets by the end of this fiscal
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Category: Bangladesh Bank
Bangladesh eases forex regulations for exporters
Bangladesh relaxes regulations, allowing banks to issue guarantees in favour of the authorities concerned in the country of import prior approval from it
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Bangladesh’s farm loans disbursement fall by 5.0% in H1
Disbursement of agriculture loans dropped by nearly 5.0 per cent in first half (H1) of this fiscal year (FY) mainly due to the last national polls
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Household debt makes up half of NBDCs’ total portfolio
NBDCs’ household debt accounts for half of the total loan portfolio, which might make them vulnerable to any major shock in the sector
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Bangladesh’s private credit growth falls drastically in December
Private sector credit growth in Bangladesh drops significantly in December because the lower demand for loans, due to the elections, bankers said
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FID team to recommend how to reduce default loans
Financial Institutions Division (FID) under the Ministry of Finance forms a three-member team to recommend how to reducing the volume of default loans
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BB sells $1.22b to banks to keep forex market stable
The central bank of Bangladesh injects US$1.22 billion so far this fiscal year into the market to help keep the foreign exchange (forex) market stable
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BB for reducing NPLs with improving efficiency
Bangladesh Bank emphasises improving financial intermediation efficiency by reducing the amount of NPls in the banking system through better supervision and risk management
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Bangladesh’s forex reserve falls to $31.01b after ACU payment
Bangladesh’s foreign exchange reserve (forex) fell to US$ 31 billion on Tuesday following a regular payment to the Asian Clearing Union (ACU)
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BB seeks info on overdue import bills by Jan 13
The central bank of Bangladesh seeks information on overdue import bills up to December 31 last from the commercial banks by January 13, officials said
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BB issues uniform reporting format for foreign courier cos
Bangladesh Bank issues a reporting format for local agents of foreign courier service companies to bring uniformity in the reporting system
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Interest rates upward trend despite spread falls in November
Overall interest rate spread in the banking sector decreased further in November, although the banks increased interest rates more on deposit than lending
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