Banks Asked to Ensure ADCs Transactions During Eid Vacation
The central bank has asked banks to ensure transactions by arranging smooth operations of ADCs round the clock during the Eid vacation
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Category: Bangladesh Bank
Sales of savings schemes more than triple in July-Nov
Net sales of national savings certificates more than tripled in the five months of this fiscal due to lower interest rate, offered by the banks, on deposits
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Farm credit disbursement grows by 32% in Q1 of FY ’21
Farm loan disbursement grew by 32 per cent in the first quarter of this fiscal year following implementation of stimulus package along with interest subsidy
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Bangladesh’s call money rate falls significantly
The call money rate dropped significantly on Tuesday as the central bank injected fund continuously through buying the US dollar from the banks
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DSE board members to meet BB governor today
A four-member delegation of the board of directors of the DSE is scheduled to meet with BB Governor Fazle Kabir Tuesday afternoon
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BB to ask banks, NBFIs for faster execution of stimulus for CMSMEs
BB is set to ask banks and non-bank lenders for faster implementation of stimulus packages for CMSMEs to speed up recovery of the pandemic-hit economy
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Govt. starts FY ’21 with higher bank borrowing
Bangladesh government starts the new fiscal year with higher bank borrowing as July loans figure almost doubled following lower revenue collection
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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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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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