Bangladesh Bank assessing forex market situation
Bangladesh Bank intensifies its monitoring and supervision to assess the real situation in the country’s foreign-exchange market through scrutinising banks’ statements
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Category: PCBs
Banks asked to bring down lending rates to single digit
Bangladesh Bank (BB), the country’s central bank, asks the banks to bring down the interest rate on lending to single digit from the existing level as soon as possible
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PM asks banks to bring down interest rates to single digit
Prime Minister of Bangladesh Sheikh Hasina asks bankers to bring down the interest rates of loan to single digit to expedite investment in the country
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Banks asked to submit plans to bring down ADR by April 30
The central bank of Bangladesh asks the banks to submit their specific action plans to its department concerned by April 30 for bringing down the advance-deposit ratio (ADR) limit at required level
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Bangladesh Bank cuts CRR after four years
The central bank of Bangladesh slashes on Tuesday the cash reserve requirement (CRR) by 1.0 percentage point to 5.50 per cent after nearly four years
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Bangladesh takes measures to mitigate liquidity crunch
Bangladesh takes a series of decision including reducing Cash Reserve Requirement (CRR) and repurchase agreement (REPO) rate to help mitigate the liquidity crunch in the banking system
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Bangladesh’s PCBs to get 50% of state entities’ deposits
The state-owned enterprises (SoEs) will now allowed depositing 50 per cent of their funds with the private commercial banks (PCBs), up from the existing 25 per cent
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BSEC allows issuing bonds of Dhaka Bank, Jamuna Bank
Bangladesh’s capital market regulator allows raising capital through issuance of non-convertible subordinated bond of two private commercial banks (PCBs) amounting to BDT 5.0 billion each
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SoCBs charge 10.50% on term-deposit to other banks
The state-owned commercial banks (SoCBs) are now charging maximum 10:50 per cent interest rate on term-deposit for other banks particularly private ones
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Bangladesh’s PCBs may get 40% deposit of Govt. fund
Bangladesh’s private commercial banks (PCBs) are likely to eligible for receiving more government fund as deposit to meet their growing demand for liquidity
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Nine banks suffer BDT 194.67b capital shortfall
Bangladesh’s nine suffer an aggregate capital shortfall worth BDT 194.67 billion in 2017 mainly due to their higher classified loans
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BB issues policy on hiring banks’ CFO, CITO
Bangladesh Bank (BB) introduces a policy on appointment of chief financial officer (CFO) and chief information technology officer (CITO) of the banks to ensure good governance in the country’s banking system
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