Data correction is going on
The Bangladesh Bank injected $12.79 billion into banks from its reserves in the just-concluded 2023-24 fiscal year as banks combatted a severe US dollar crisis which hampered import payments.
The policy would aim to bring down inflation
However, MDs have to take prior approval of the banking watchdog
The Bangladesh Bank has bypassed its own rules by approving the appointment of Mohammad Shah Alam Sarwar as the strategic adviser of IFIC Bank PLC.
The Bangladesh Bank Officers’ Welfare Council will place their demand to the BB governor
Citing BB data, he said there were 16 banks where the NPL ratio exceeded 10 percent and 9 banks where the NPL ratio exceeded 20 percent as of June 2023.
It was “absolutely fake” news, Bangladesh Bank spokesman Mezbaul Haque said today.
All these measures are meant to put the once high-flying economy back on track.
Data correction is going on
The Bangladesh Bank injected $12.79 billion into banks from its reserves in the just-concluded 2023-24 fiscal year as banks combatted a severe US dollar crisis which hampered import payments.
The policy would aim to bring down inflation
However, MDs have to take prior approval of the banking watchdog
The Bangladesh Bank has bypassed its own rules by approving the appointment of Mohammad Shah Alam Sarwar as the strategic adviser of IFIC Bank PLC.
The Bangladesh Bank Officers’ Welfare Council will place their demand to the BB governor
Citing BB data, he said there were 16 banks where the NPL ratio exceeded 10 percent and 9 banks where the NPL ratio exceeded 20 percent as of June 2023.
It was “absolutely fake” news, Bangladesh Bank spokesman Mezbaul Haque said today.
All these measures are meant to put the once high-flying economy back on track.
The Bangladesh Bank today scrapped the SMART formula in order to make interest rates in the banking system fully market-based