Banks asked to file foreign loan data with CIB
Private sector foreign loans will now come under central monitoring as Bangladesh Bank has instructed banks to report all such borrowings to its Credit Information Bureau (CIB) database...
Private sector foreign loans will now come under central monitoring as Bangladesh Bank has instructed banks to report all such borrowings to its Credit Information Bureau (CIB) database...
TWO decisions on the Credit Information Bureau database of the central bank during the Awami League government, toppled in a mass uprising on August 5, 2024, keep menacing the database management more than five months and a half after the interim government’s installation on August 8 that year. The Bangladesh Bank imposed restrictions before the...
Officials of the Credit Information Bureau at Bangladesh Bank have been denied access to the CIB database for over a year and a half, allegedly to conceal borrowers’ default loan statuses.
The Credit Information Bureau reported that as of November 30, 2024, the total outstanding loans and liabilities of Beximco Group companies amounted to Tk 50,098.3 crore, the Bangladesh Bank said in an...