The capital shortfall of 14 banks increased by Tk3,774 crore in the July-September quarter, according to central bank data. Bankers attribute this rise to growing non-performing loans (NPLs) in the banking sector,... Read more »
The Bangladesh Bank (BB) has issued a warning to five Islamic banks facing liquidity challenges, directing them to rectify negative balances in their current accounts within a 20-working-day timeframe. The spokesperson for... Read more »
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The country is on track to acquire a $1.31 billion loan from various sources, including the IMF, this December, according to Bangladesh Bank. Confirming the details, Bangladesh Bank spokesperson Md Mezbaul Haque,... Read more »
The International Monetary Fund (IMF) has approved the release of $689 million in the second tranche of the $4.7 billion loan package allocated for Bangladesh. Finance Minister AHM Mustafa Kamal late last... Read more »
The Asian Development Bank (ADB) and the government of Bangladesh have officially signed a policy-based loan agreement amounting to US$400 million. This financial support is directed towards assisting Bangladesh in the implementation... Read more »
The Asian Development Bank (ADB) has initiated a groundbreaking program aimed at comprehensively addressing the impact of heat stress on women and girls throughout Asia and the Pacific. The newly launched technical... Read more »
In a joint decision, the Bangladesh Foreign Exchange Dealers Association (BAFEDA) and the Association of Bankers, Bangladesh (ABB) have announced a reduction of Tk 0.50 in both buying and selling rates for... Read more »
Bank deposits grew 9.51% in September, slightly higher than in the same month last year. According to data from the Bangladesh Bank, the total deposits in banks stood at Tk16.23 lakh crore... Read more »
The Bangladesh Bank on Sunday granted digital banking licences to Nagad Digital Bank PLC and Kori Digital PLC of ACI. The decision was taken at a board meeting held at the Bangladesh... Read more »