BAB decides to bring down lending rate at 9.0%
Bangladesh Association of Banks (BAB) decides to bring down the interest rate on lending at 9.0 per cent and deposit rate at 6.0 per cent from the existing level.
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Category: PCBs
Call money rate stable before Eid festival
The inter-bank call money rate remains almost stable on Thursday, the last working day before the Eid festival, despite higher withdrawal of cash from the banks
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Banks’ excess liquidity increases 11% in April
The overall excess liquidity in the banking system increases by nearly 11 per cent in April as the central bank slashed the cash reserve requirement (CRR)
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Banks asked to ensure ADCs transactions during Eid
The central bank of Bangladesh asks the commercial banks to ensure transactions by arranging smooth operations of alternative delivery channels (ADCs) round the clock during the Eid vacation
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Bangladesh introduces term repo to ensure banks liquidity
The central bank of Bangladesh introduces term repurchase agreement (repo) facility for the first time to ensure liquidity in the banking system
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BB reminds banks to ensure proper utilisation of loans
The central bank of Bangladesh reminds the commercial banks to ensure proper utilisation of their disbursed loans through regular monitoring, officials said
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Bangladesh’s banks run short on provisioning
Overall shortfall in provision against both classified and unclassified loans in Bangladesh’s banking system jump by 17.60 per cent or BDT 11.91 billion in the first quarter (Q1) of the current calendar year
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Bangladesh’s NPLs jump by 19.23% in Q1
The amount of classified loans in the country’s banking system jump by 19.23 per cent or BDT 142.86 billion in the first quarter (Q1) of 2018 despite the central bank’s close monitoring
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Bangladesh’s inward remittance rises 11.38% in May
The flow of overall inward remittance jumps by 11.38 per cent in May over that of the previous month ahead of the Eid-ul-Fitr festival, officials said
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Govt’s bank borrowing may turn into positive in June
The government’s gross borrowing from the banking system jumps on Sunday indicates net borrowing may turn into positive from negative by the end of the fiscal year (FY)
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Bangladesh’s Exim Bank to issue BDT 6.0 billion bond
Exim Bank Limited of Bangladesh adopts the resolution for the issuance of Mudaraba Subordinated Bond of BDT 6.0 billion, says an official resolution
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Bangladesh receives $1.33b as remittances in April
Rising trend of inward remittances continues in April following stable exchange of local currency against the US dollar, officials said.
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