Prime Bank PLC has signed an agreement with the Bangladesh Bank to implement an entrepreneurship development programme for CMSMEs as part of 鈥楽kills for Industry Competitiveness and Innovation Programme鈥� project funded by the Asian Development Bank, said a press release...
Mercantile Bank PLC has signed an agreement with the Bangladesh Bank to implement an entrepreneurship development programme titled 鈥楽kills for Industry Competitiveness and Innovation Programme鈥� under the Finance Division, said a press release...
Bangladesh鈥檚 current account deficit narrowed significantly in the first nine months of the 2024-25 financial year, mainly due to a robust increase in remittance inflows, according to the latest data released by Bangladesh Bank...
Pubali Bank PLC has signed an agreement with the Bangladesh Bank to implement an entrepreneurship development programme titled 鈥楽kills for Industry Competitiveness and Innovation Programme鈥� under the Finance Division, said a press release...
The opening of letters of credit (LCs) for imports rose in the first nine months of the 2024鈥�25 fiscal year, displaying a gradual recovery in business activity after months of political turmoil...
Nineteen out of 36 banks listed on the stock market could not announce dividends for the 2024 financial year within the stipulated deadline as they failed to obtain approval from Bangladesh Bank...
The country鈥檚 remittance inflow witnessed a year-on-year growth of 34.6 per cent, reaching $2.75 billion in聽April...
Banks rescheduled Tk 35,850 crore in defaulted loans during October-December period of 2024, with over 98 per cent of the rescheduling done by private banks...
Deposits in the country鈥檚 banking sector grew by 7.9 per cent in February compared with that in the same month in 2024...
Green financing by banks and non-bank financial institutions increased in the October-December quarter compared with that in the previous quarter...
The Bangladesh Bank on Thursday allowed mobile operators to collect payments in the local currency taka for roaming services used by resident Bangladeshi travelers...
The volume of foreign currency transactions made through cards declined to two years low in February due to unstable political and economic situation...
Bangladesh Bank on Tuesday allowed authorised examination centres conducting international examinations such as O-Level, A-Level, TOEFL, and SAT in the country to collect fees in taka and remit the equivalent foreign currency...
The strong inflow of remittances has continued into April, with expatriates sending $1.78 billion in the first 19 days of the month...
The Bangladesh Bank on Sunday allowed banks to make payments against discrepant import bills if the importer accepts the discrepancies on reasonable grounds...
The dollar holdings of Bangladesh鈥檚 commercial banks increased for the third consecutive month in March, due mainly to a sharp rise in remittance inflows and export earnings, according to Bangladesh Bank data...
Spending abroad using Bangladeshi credit cards declined by about 16 per cent in February, while expenditure by foreign credit cardholders in Bangladesh saw an increase, according to the latest report from Bangladesh Bank...
A Dhaka court on Thursday set May 18 as the new deadline for submitting the probe report in the Bangladesh Bank reserve heist case of 2016...
Interest rates on treasury bills and bonds have climbed sharply after the Bangladesh Bank discontinued its 28-day repo facility, tightening liquidity in the banking system and making banks more hesitant to invest in government securities...
Bangladesh鈥檚 current account deficit shrank in July-February of the current financial year due mainly to a sharp increase in remittance inflow, according to Bangladesh Bank data.
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, crossed $21 billion again, driven by strong remittance inflows and export earnings...
Bangladesh Bank on Sunday allowed Non-resident Bangladeshis (NRBs) to open bank accounts in all usable foreign currencies...
Bangladesh Bank governor Ahsan H Mansur said that the Bangladesh Financial Intelligence Unit, the central bank and other government organisations were working to bring back laundered money by forming an inter-agency taskforce.
Bangladesh Bank governor Ahsan H Mansur on Wednesday聽said that there was a plan to merge Islamic banks to form two large banks...
A persistent decline in private-sector credit growth is concerning. A sluggish private sector credit growth has a direct negative impact on industrial expansion, new investment and employment opportunities. The private sector credit growth fell to 6.82 per cent in February, hitting its lowest in the past two decades, according to available Bangladesh Bank data. A...
The private sector credit growth in Bangladesh fell to 6.82 per cent in February, hitting its lowest in 21 years, according to available data. The Bangladesh Bank data showed that the growth was the lowest since February 2004 when the rate was...
A DECLINE in the non-performing loans recovery ratio, which is concerning, suggests that the measures taken are not effective and stringent enough. The recovery ratio of non-performing loans dropped significantly in the final quarter of 2024, with the ratio standing at 3.44 per cent, down from 5.12 per cent in the corresponding 2023 quarter, as data of Bangladesh Bank...
Bangladesh Bank governor Ahsan H Mansur on Monday said that the central bank had taken an initiative to launch a special fund of about Tk 800 crore to Tk 900 crore to support startup...
Bangladesh witnessed a record-breaking surge in remittance inflow in March, receiving $3.29 billion鈥攖he highest ever in a single month, according to Bangladesh Bank data...
The Bangladesh Bank has rejected the International Monetary Fund鈥檚 suggestion to lower the policy interest rate, saying that no such move would be considered until inflation dropped to the targeted level...
