Bangladesh eases farm loan rescheduled policy
Bangladesh Bank issues a fresh rescheduled policy on short-term agriculture loans to boost production through facilitating farmers across the country
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Category: PCBs
Eastern Bank’s bond issue gets BSEC consent
Bangladesh Securities and Exchange Commission (BSEC) approves the proposal of BDT 5.0 billion subordinated bond to be issued by Eastern Bank
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ABB to discuses current scenario of financial sector
Association of Bankers Bangladesh (ABB) is set to arrange a discussion meeting on the current scenario of financial sector in Bangladesh on Wednesday
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Bangladesh’s banks run BDT 81.27b provisioning shortfall
Overall shortfall in provisioning against loans in the banking system of Bangladesh swell by more than 20 per cent during the first nine months of 2018
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Bangladesh’s NPLs hit all-time high at BDT 1.0 trillion
The amount of classified loans in the banking sector reache an all-time high of nearly BDT 1.0 trillion in September ahead of the upcoming national polls
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Banks asked to share info on defaulters with returning officials
Bangladesh Bank asks the banks to provide information on classified loans of the aspirants of the upcoming national election to the returning officials
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UCB to form subsidiary for providing MFS
The board of directors of United Commercial Bank (UCB) Limited decides to form a subsidiary company, aiming to provide mobile financial services (MFS)
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Banks allowed holding foreign loan collaterals directly
Banks are now allowed to hold collaterals on behalf of the non-resident lenders against external loans, availed by the state agencies, without prior approval from Bangladesh Bank
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MTB to issue fresh equity in favor of Norfund
The board of directors of Mutual Trust Bank decides to convene an EGM to issue fresh capital and changes in few clauses of Articles of Association
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Bangladesh’s NPLs soar by 20.24% in H1
The amount of NPLs jumps by 20.24 per cent as on June 30 in the banking sector from December last despite close monitoring by the central bank
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State lenders to invest BDT 10bn in Farmers Bank bonds
Five state lenders are going to invest BDT 10 billion more in the troubled Farmers Bank Limited (FBL) through subscribing subordinated bonds
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City Bank to invest worth BDT 1.30b in the subsidiary
The board of directors of Bangladesh’s City Bank decid to invest in share capital worth BDT 1.30 billion in City Brokerage, a subsidiary of the bank
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