Feeble monetary policy against challenges
Bangladesh Bank yesterday unveiled a wishy-washy monetary policy for the next six months that will prove to be ineffective in tackling the headwinds passing through the economy.
Bangladesh Bank set to announce new monetary policy Sunday
Bangladesh Bank (BB) is going to announce a new monetary policy on Sunday in line with the advice of the International Monetary Fund (IMF).
Brac Bank to get $100m from Jica, Citi
Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.
Quick steps needed to ensure good governance in banks
The government should take proper, visible and fast actions to ensure good governance in the banking sector, said economists yesterday.
Cost of foreign borrowing may rise
The significant depreciation of the taka, upward movements of interest rates in the advanced and emerging economies, and the tight global financial condition might lift the cost of foreign borrowings and debt burden, said the Bangladesh Bank.
Banks can write off small loans up to Tk 5 lakh
Banks can write off loans up to Tk 5 lakh in the agriculture, cottage, micro, small and medium enterprise, and other sectors without filing any court cases, said the central bank yesterday.
Feeble monetary policy against challenges
Bangladesh Bank yesterday unveiled a wishy-washy monetary policy for the next six months that will prove to be ineffective in tackling the headwinds passing through the economy.
Bangladesh Bank set to announce new monetary policy Sunday
Bangladesh Bank (BB) is going to announce a new monetary policy on Sunday in line with the advice of the International Monetary Fund (IMF).
Shahjalal Islami Bank re-elects chairman
Mohammed Younus was unanimously re-elected as the chairman of Shahjalal Islami Bank at the bank’s 354th board meeting on Wednesday.
Brac Bank to get $100m from Jica, Citi
Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.
Brac Bank to get $100 million from Jica, Citi to finance green projects
Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.
Bank Asia, BB sign deal on agri refinance fund
Bank Asia Limited has signed a participatory agreement with Bangladesh Bank (BB) under a refinance scheme of Tk 5,000 crore for the agriculture sector aiming to ensure food security of the country.
Ali becomes Pubali Bank’s new MD
Mohammad Ali has been appointed as the managing director and chief executive officer of Pubali Bank Limited by the board of directors.
Brac Bank to borrow $50m from German institution
Brac Bank Limited will get $50 million loan from a German development finance institution to support SMEs and women entrepreneurs in Bangladesh.
Why National Bank won’t be penalised
The High Court yesterday asked authorities concerned to explain why appropriate legal measures should not be taken against National Bank and its board of directors over their alleged involvement in corruption and money laundering.
Sonali Bank introduces new digital services
Sonali Bank has introduced new digital banking services with the aim of bringing technology-based modern banking services to the doorsteps of its clients, especially expatriate Bangladeshis living in any part of the world.