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
Read More
Category: Islamic Banks
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
Read More
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
Read More
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
Read More
BB asks all banks to prepare business continuity plan
BB asks banks to prepare business continuity plan immediately to ensure that operations are not interrupted in the aftermath of pandemic exigencies
Read More
Remittances grow by 20.06% in July-Feb of FY 20
The inflow of remittances grows by 20.06 per cent in the first eight months of this fiscal year (FY), despite a significant fall in February
Read More
Banks’ provisioning shortfall falls by 18.13% in Q4
The provisioning shortfall against loans in the banking system has dropped by 18.13 per cent in the Q4 of 2019 on the back of lower growth in default loans
Read More
Banks’ excess liquidity crosses BDT 1.0tn, again
Banks’ excess liquidity crosses the BDT 1.0 trillion-mark again, fuelled by lower private credit growth in a sign that the investment situation has cooled
Read More
Another commercial bank gets BB approval
BB gives its seal of approval to the Bengal Commercial Bank, asking the lender to boost paid-up capital to BDT 5.0 billion within two years
Read More
Banks asked to ensure tax collection from credit cardholders
BB asks the authorised dealer banks to properly ensure tax collection while their customers are making payments using international credit cards
Read More
Errant banks to face the music for import payment delay
The central bank of Bangladesh will take stringent action against the authorised dealer banks who sidestep making import payment obligations
Read More
Maximum deposits rate at 6.0% from Feb 01: ABB
Banks agree to bring down their interest rates on deposit maximum at 6.0 per cent from February 01 as part of their preparation to execute 9.0 per cent lending rate from April o1.
Read More
