Farm credit disbursement falls 15% in July
Bangladesh’s farm credit disbursement fell by 15.11 per cent in July 2019 due to flood at different parts of the country
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Category: PCBs
Banks to comply with CRR, SLR for OBOs from Sept 01
The central bank is set to issue a directive asking the banks to comply with CRR and SLR rules for offshore banking operations (OBOs) from September 01
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BB pumps BDT 216b to keep market stable before Eid
Bangladesh Bank pumps over BDT 216 billion in the last week using monetary tools to keep the money market stable before the Eid-ul-Azha vacation
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Banks asked to keep open branches near cattle markets
Bangladesh Bank asks the banks to keep their branches near cattle markets in the capital Dhaka open till August 11 ahead of the Eid-ul-Azha
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BB to issue notification capping interest rates
BB will issue a directive immediately capping the interest rates on deposits and lending at 6.0 per cent and 9.0 percent respectively
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Prime Bank consolidated net profit jumps by 28% in H1
Consolidated net profit of Prime Bank jumps by nearly 28% in the first half of 2019 as the private commercial bank managed its balance sheet efficiently
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Bangladesh set at BDT 241b farm credit target for FY ’20
Bangladesh set an agriculture credit target of BDT 241.24 billion for the banks to disburse during the current fiscal year (FY) of 2020
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Bangladesh’s banks asked to monitor large classified loans
Bangladesh Bank asks banks to reduce classified loans through strengthening monitoring of such loan accounts amounting to more than BDT 1.0 billion
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Bankers want further amendment of loan write-off policy
Bangladesh’s top bankers propose amending the existing loan write-off policy so that they could write-off bad loans that were not recoverable
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Bangladesh’s private sector credit growth rebounds in May
The private sector credit growth rebounds in May, following higher trade financing due to the holy month of Ramadan, officials said
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Bangladesh’s remittances hit record $16.42b in FY’ 19
The inflow of remittances grow by 9.65 per cent to a record US$16.42 billion in the FY 19 as the exchange rate of BDT weakened against the US$
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Profits of banks rise in H1 despite higher NPLs
Operating profits of PCBs show an upturn in the first half (H1) of 2019 although the volume of classified loans is on the rise
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