EBL launches first e-KYC account in Bangladesh
Eastern Bank Ltd. (EBL) introduces an instant account opening solution –EBL INSTA Account—for the first time in Bangladesh under e-KYC guideline on Sunday
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Category: PCBs
BB sells $13m more to two commercial banks
The central bank of Bangladesh sellsUS$13 million more to two banks on Wednesday directly to meet the growing demand for the greenback in the market
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BB asks all banks to prepare business continuity plan
BB asks banks to prepare business continuity plan immediately to ensure that operations are not interrupted in the aftermath of pandemic exigencies
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Remittances grow by 20.06% in July-Feb of FY 20
The inflow of remittances grows by 20.06 per cent in the first eight months of this fiscal year (FY), despite a significant fall in February
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Banks’ provisioning shortfall falls by 18.13% in Q4
The provisioning shortfall against loans in the banking system has dropped by 18.13 per cent in the Q4 of 2019 on the back of lower growth in default loans
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Banks’ excess liquidity crosses BDT 1.0tn, again
Banks’ excess liquidity crosses the BDT 1.0 trillion-mark again, fuelled by lower private credit growth in a sign that the investment situation has cooled
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Another commercial bank gets BB approval
BB gives its seal of approval to the Bengal Commercial Bank, asking the lender to boost paid-up capital to BDT 5.0 billion within two years
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Banks asked to ensure tax collection from credit cardholders
BB asks the authorised dealer banks to properly ensure tax collection while their customers are making payments using international credit cards
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Errant banks to face the music for import payment delay
The central bank of Bangladesh will take stringent action against the authorised dealer banks who sidestep making import payment obligations
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Maximum deposits rate at 6.0% from Feb 01: ABB
Banks agree to bring down their interest rates on deposit maximum at 6.0 per cent from February 01 as part of their preparation to execute 9.0 per cent lending rate from April o1.
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20 PCBs slash interest rates on deposit
Nearly 20 private commercial banks (PCBs) have already lowered the interest rates on fresh deposits by keeping their lending rates unchanged.
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Govt. bank borrowing crosses BDT 500b
The government’s net bank borrowing crosses BDT 500 billion until middle of this month, compelled by the need for meeting budget deficit
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