Stimulus for CMSME: Slow progress in fund disbursement
Banks and NBFIs disburse only BDT 15 billion of the stimulus package until July 30 for cottage, micro, small and medium enterprise (CMSME) sector
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Category: Bangladesh Bank
Yield on Two-Year BGTBs rises slightly
Yield on Bangladesh Government Treasury Bond (BGTBs) increases slightly on Tuesday as banks were least interested to buy the instruments
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BB sells $13m more to two commercial banks
The central bank of Bangladesh sellsUS$13 million more to two banks on Wednesday directly to meet the growing demand for the greenback in the market
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Non-bank borrowing target cut 50% on NSC sales slump
Bangladesh government slashs its non-bank borrowing target by 50 per cent to BDT 150 billion to finance the budget deficit of the current fiscal year
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Inter-bank call money rate stable before Eid
The inter-bank call money rate remains almost stable on Wednesday despite higher cash withdrawal from banks, bankers said
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Bangladesh’s forex reserve falls to $32.42b
Bangladesh has made a routine payment of US$650 million to the Asian Clearing Union (ACU) against imports during the March-April period of 2020
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Banks asked to help accelerate import of essential goods
BB asks banks to facilitate import of essential commodities, food items and electronic goods to keep the supply chain running
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BB asks banks to extend transaction period
Bangladesh Bank asks all commercial banks to extend working hours for customers by half-an-hour during the government announced general holidays
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BB to ask banks to raise transaction hours
BB is going to ask all the scheduled banks to enhance working hours for customers by half-an-hour during the government announced general holidays
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BB introduces €200m green transformation fund
BB introduces €200 million Green Transformation Fund (GTF) along with the existing US$200 million to set up environment friendly infrastructures
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Banks Asked Not to Charge Compound Interest on Unpaid Credit Card Bills
BB asks banks not to charge compound interest on credit card bills until May 31 as users are facing difficulties in paying their monthly payments on time
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BB increase ADR limit by 2.0 percentage points
BB increases advance-deposit ratio (ADR) limit by 2.0 percentage points to help banks for implementation the stimulus package through investing more
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