Bankers want further amendment of loan write-off policy
Bangladesh’s top bankers propose amending the existing loan write-off policy so that they could write-off bad loans that were not recoverable
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Category: Bangladesh Bank
Liquidator to take PLFSL’s charge soon
The newly-appointed liquidator for the is now working to take responsibility of the non-banking financial institution (NBFI) soon
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PFC account holders allowed making import payment: BB
Bangladesh Bank allows Private Foreign Currency (PFC) account-holders to use their accounts’ balance for making import payment bills
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Bangladesh forex reserve falls to $31.66bn after AUC payment
Bangladesh has made a routine payment of US$1.02 billion to the Asian Clearing Union (ACU) against imports during the May-June period of 2019
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Bangladesh’s private sector credit growth rebounds in May
The private sector credit growth rebounds in May, following higher trade financing due to the holy month of Ramadan, officials said
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Bangladesh’s remittances hit record $16.42b in FY’ 19
The inflow of remittances grow by 9.65 per cent to a record US$16.42 billion in the FY 19 as the exchange rate of BDT weakened against the US$
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Bangladesh’s 10 banks face capital shortfall in Q1
Ten banks suffer a total capital shortfall of BDT183.88 billion in the first quarter (Q1) of this year as rising classified loans wiped out their profits
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Bangladesh forex reserves cross $32.50 bn
Bangladesh’s foreign exchange (forex) reserve cross US$32.50 again following higher inflow of funds particularly from development partners
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Ad to hire two BB deputy governors
A government committee decides to publish advertisements in newspapers next week looking for candidates to fill two deputy governor posts of BB
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Current-account balance improves in H2 of 2018: BB
Current-account balance-to-GDP (gross domestic product) ratio improves during the second half (H2) of 2018 compared to the same period a year earlier
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Farm credit disbursement to cross target of FY’19
The farm credit disbursement is expected to cross the target this fiscal as the BB has beefed up efforts to make such credit available to the farmers
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$650m remittance received in 14 days of June
Bangladesh received nearly US$ 650 million in the first two weeks of June after celebrating of the Eid-ul-Fitr festival, officials said.
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