Remittance thru bKash reaches Tk 900cr in 15 days of Ramadan
During the first half of Ramadan this year, expatriates have sent over Tk 900 crore remittances through bKash, said a press release.
Banking
- Advertisement -
Govt borrowing from banks surges to Tk 86,000cr
The government鈥檚 borrowing from commercial banks doubled in the first eight months of the 2024-25 financial year due to high interest rates and the low-risk nature of treasury instruments...
BB sets 27pc loan target for CMSMEs by 2029
In a policy change, the Bangladesh Bank has set a target for banks and financial institutions to disburse 27 per cent of their total loans to the cottage, micro, small and medium enterprise sector by 2029...
Bank accounts with Tk 1cr surge by 5,000
The number of bank accounts holding deposits exceeding Tk 1 crore increased by near 5,000 in December due to stagnant business environment in the country.
UniCredit gets ECB approval on Commerzbank stake
Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to up its stake in Commerzbank, but warned there were still hurdles ahead before a possible takeover of its German rival.
BRAC Bank, BSRM Group sign deal
BRAC Bank has signed a strategic partnership agreement with BSRM Group to help enhance business growth of the conglomerate in Bangladesh with exclusive banking services, said a press release.
Prime Bank announces 20pc dividend
Prime Bank PLC, a pioneering private bank in the country, announced its annual dividend payment for the year 2024.
BB levies strict limits on banks鈥� dividend payout
The Bangladesh Bank on Thursday imposed strict conditions on dividend payouts, limiting most banks鈥� ability to distribute dividends...
SIBL, FSIBL get add鈥檒 Tk 2,500cr liquidity
The Bangladesh Bank has approved an additional Tk 2,500 crore in liquidity support for the crisis-hit Social Islami Bank and First Security Islami Bank to manage the Eid-ul-Fitr withdrawal pressure...
Bangladesh Bank dissolves boards of 3 more private banks
The Bangladesh Bank on Wednesday reconstituted boards of directors of three more private commercial banks, extending its restructuring efforts in the banking sector following the political transition on August 5...
BB relaxes exit policy for loan defaulters
The Bangladesh Bank on Monday relaxed the exit policy for loan defaulters, lowering the minimum down payment requirement to encourage wider adoption of the policy...