Relaxes rules: Term loan borrowers to get more benefit
Bangladesh Bank revises loan classification rules allowing six months from expiry date to overdue in case of term loan to facilitate business activities
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Category: PCBs
Bangladesh forms €50m low-cost fund for safer RMG
Bangladesh government forms a €50 million low-cost fund to facilitate garment factory remediation with the view to enhancing workplace safety in the sector
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School banking deposits cross BDT 15b in 2018
School banking is becoming popular gradually in Bangladesh as deposits with the banking crossed BDT 15 billion in the last calendar year
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BDT depreciates five poisha more against US dollar
The exchange rate of the Bangladesh Taka (BDT) depreciates further against the US dollar on Sunday due to higher demand for the greenback in the market
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Banks get 6 months more to implement revised ADR
Bangladesh Bank extends implementation of revised limit on ADR by banks for additional six months aimming to keep the money market stable
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Bangladesh’s inflow of remittances rise by 10%
The flow of remittances rose by nearly 10 per cent in the first eight months of the current fiscal year, despite significant falls in February 2019
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Bangladesh’s three banks to open KSA branches soon
Dhaka, Bangladesh (BBN)– Three commercial banks of Bangladesh are set to open branches in...
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15 banks in provision shortfall in 2018
A total of fifteen banks fail to keep the requisite provisions against their loans, particularly the classified ones, in the last calendar year (2018).
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Bangladesh raises EDF allocation to facilitate exports
Bangladesh Bank increases the allocation of Export Development Fund (EDF) scheme by US$500 million to facilitate the exporters for boosting their businesses
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Bangladesh’s default loans soar 26% to BDT 939bn in 2018
The volume of classified loans in the banking system jump by 26.38 per cent or BDT 196.08 billion in 2018 despite close monitoring of the central bank
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BB issues policy to regulate offshore banking operations
The central bank issues a new policy to regulate Offshore Banking Operation (OBO) of the banks in Bangladesh properly for mitigating their risks
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Bangladesh Bank approves three more PCBs
Bangladesh Bank approves three more private commercial banks (PCBs), attaching a condition of BDT 5.0-billion paid-up capital from existing BDT4.0 billion
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