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Bangladesh Bank extends relaxation of loan classification policy The Bangladesh Bank has further extended the relaxation of its loan classification policy given the ongoing business slowdown brought on by the coronavirus pandemic. August 28, 2021 at 04:38PM
Bangladesh Bank extends relaxation of loan classification policy The Bangladesh Bank has further extended the relaxation of its loan classification policy given the ongoing business slowdown brought on by the coronavirus pandemic.
HSBC, Beza, Brac to plant mangroves in Mirsarai HSBC Bangladesh has recently partnered with Bangladesh Economic Zones Authority (Beza) and Brac to grow mangrove plantations in Mirsarai. August 27, 2021
HSBC, Beza, Brac to plant mangroves in Mirsarai HSBC Bangladesh has recently partnered with Bangladesh Economic Zones Authority (Beza) and Brac to grow mangrove plantations in Mirsarai.
Using mortgage to build, own a property Building homes or buying other properties require a large amount of funds. But there are many people who can’t afford to pay the entire cost out of their pockets. August 27, 2021
Using mortgage to build, own a property Building homes or buying other properties require a large amount of funds. But there are many people who can’t afford to pay the entire cost out of their pockets.
BB lifts dollar sale to halt taka slide After buying a record amount of US dollars last year, Bangladesh Bank has begun selling the American greenback following a decline in remittance and an increase in imports. August 27, 2021
BB lifts dollar sale to halt taka slide After buying a record amount of US dollars last year, Bangladesh Bank has begun selling the American greenback following a decline in remittance and an increase in imports.
Monthly MFS transaction limit remains unchanged The Bangladesh Bank (BB) yesterday said that the highest monthly transaction limit of Tk 2 lakh from person to person through mobile financial services (MFS) would remain unchanged. August 26, 2021
Monthly MFS transaction limit remains unchanged The Bangladesh Bank (BB) yesterday said that the highest monthly transaction limit of Tk 2 lakh from person to person through mobile financial services (MFS) would remain unchanged.
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Monthly MFS transaction limit of Tk 2 lakh remained unchanged The Bangladesh Bank today said that the highest monthly transaction limit of Tk 2 lakh from person to person through mobile financial services (MFS) would remain unchanged. August 25, 2021 at 07:14PM
Monthly MFS transaction limit of Tk 2 lakh remained unchanged The Bangladesh Bank today said that the highest monthly transaction limit of Tk 2 lakh from person to person through mobile financial services (MFS) would remain unchanged.
Bengal Commercial Bank signs credit rating deal Bengal Commercial Bank and Credit Rating Information & Services recently signed an agreement at the bank’s head office in Dhaka for the bank’s credit rating
August 25, 2021
Bengal Commercial Bank signs credit rating deal Bengal Commercial Bank and Credit Rating Information & Services recently signed an agreement at the bank’s head office in Dhaka for the bank’s credit rating
EBL, ADB sign trade financing deal Eastern Bank has recently signed an agreement with Asian Development Bank (ADB) under a trade finance programme. August 25, 2021
EBL, ADB sign trade financing deal Eastern Bank has recently signed an agreement with Asian Development Bank (ADB) under a trade finance programme.
Taliban name acting head of central bank The Taliban have appointed an acting head of Afghanistan’s central bank to help ease growing economic turmoil, more than a week after the Islamist movement seized the capital Kabul, a statement said on Monday. August 25, 2021
Taliban name acting head of central bank The Taliban have appointed an acting head of Afghanistan’s central bank to help ease growing economic turmoil, more than a week after the Islamist movement seized the capital Kabul, a statement said on Monday.
Fintech: key to conveniences When Alexander Graham Bell invented the telephone in 1876, little he did know his invention would be a tool to transform life, society and economy hundred years later.
August 25, 2021
Fintech: key to conveniences When Alexander Graham Bell invented the telephone in 1876, little he did know his invention would be a tool to transform life, society and economy hundred years later.
Forex reserve crosses $48b, a new record Bangladesh’s foreign exchange reserve today hit a record high of $48 billion after managing a financial support from the International Monetary Fund (IMF).
August 24, 2021 at 08:59PM
Forex reserve crosses $48b, a new record Bangladesh’s foreign exchange reserve today hit a record high of $48 billion after managing a financial support from the International Monetary Fund (IMF).
IPDC to provide loan for Covid-19 treatment IPDC Finance has introduced an emergency loan service to provide financial support for the treatment of Covid-19 patients. August 24, 2021 at 01:24PM
IPDC to provide loan for Covid-19 treatment IPDC Finance has introduced an emergency loan service to provide financial support for the treatment of Covid-19 patients.
Mercantile Bank Securities reelects chairman, vice-chairman Mercantile Bank Securities has recently witnessed the reelection of its chairman and vice-chairman at its 59th board meeting. August 24, 2021
Mercantile Bank Securities reelects chairman, vice-chairman Mercantile Bank Securities has recently witnessed the reelection of its chairman and vice-chairman at its 59th board meeting.
Tk 3,000cr refinance scheme for farmers The Bangladesh Bank yesterday decided to roll out a fresh refinance scheme worth Tk 3,000 crore for the agriculture sector.
August 24, 2021
Tk 3,000cr refinance scheme for farmers The Bangladesh Bank yesterday decided to roll out a fresh refinance scheme worth Tk 3,000 crore for the agriculture sector.
Non-banks can’t show FDRs to meet regulatory requirement The Bangladesh Bank today said non-bank financial institutions would not be able to show their fixed deposit receipts (FDRs) as statutory liquidity ratio if they took loans against the funds. August 23, 2021 at 09:00PM
Non-banks can’t show FDRs to meet regulatory requirement The Bangladesh Bank today said non-bank financial institutions would not be able to show their fixed deposit receipts (FDRs) as statutory liquidity ratio if they took loans against the funds.
Islami Bank launches Shari’ah based dual currency cards Islami Bank Bangladesh Limited (IBBL) has launched Shari’ah based dual currency Mastercard Titanium, gold debit, world and gold credit and prepaid cards in Bangladesh. August 22, 2021 at 06:50PM
Islami Bank launches Shari’ah based dual currency cards Islami Bank Bangladesh Limited (IBBL) has launched Shari’ah based dual currency Mastercard Titanium, gold debit, world and gold credit and prepaid cards in Bangladesh.
Make banking data available for clients Banks and non-bank financial institutions (NBFIs) should make their data available for clients so that they can verify the actual performance of every lender, analysts said yesterday. August 20, 2021
Make banking data available for clients Banks and non-bank financial institutions (NBFIs) should make their data available for clients so that they can verify the actual performance of every lender, analysts said yesterday.
9-6pc interest rates helped banks improve health: Kamal The 9 per cent and 6 per cent interest rates fixed respectively for lending and deposits have helped banks in improving their health, Finance Minister AHM Mustafa Kamal said yesterday. August 20, 2021
9-6pc interest rates helped banks improve health: Kamal The 9 per cent and 6 per cent interest rates fixed respectively for lending and deposits have helped banks in improving their health, Finance Minister AHM Mustafa Kamal said yesterday.
Default loans surge close to Tk 1 lakh crore Default loans in Bangladesh surged in the first half of 2021 as borrowers struggle to pay back due to the business slowdown caused by the coronavirus pandemic. August 20, 2021
Default loans surge close to Tk 1 lakh crore Default loans in Bangladesh surged in the first half of 2021 as borrowers struggle to pay back due to the business slowdown caused by the coronavirus pandemic.
Banks’ health improved for 9-6% interest rates: Kamal The health of the bank has improved for raising the interest rates to 9 per cent and 6 per cent respectively for lending and deposits, Finance Minister AHM Mustafa Kamal said today. August 19, 2021 at 07:09PM
Banks’ health improved for 9-6% interest rates: Kamal The health of the bank has improved for raising the interest rates to 9 per cent and 6 per cent respectively for lending and deposits, Finance Minister AHM Mustafa Kamal said today.
Banks should make performance data available to clients: analysts Banks and non-bank financial institutions (NBFIs) should make their data available for clients such that they can verify the performance of every lender, analysts said today. August 19, 2021 at 05:27PM
Banks should make performance data available to clients: analysts Banks and non-bank financial institutions (NBFIs) should make their data available for clients such that they can verify the performance of every lender, analysts said today.
Afghan central bank’s $10b stash mostly not within reach of Taliban The Taliban took over Afghanistan with astonishing speed, but it appears unlikely that the militants will get quick access to most of the Afghan central bank’s roughly $10 billion in assets.
August 19, 2021
Afghan central bank’s $10b stash mostly not within reach of Taliban The Taliban took over Afghanistan with astonishing speed, but it appears unlikely that the militants will get quick access to most of the Afghan central bank’s roughly $10 billion in assets.
Prime Bank ‘Cash Management Bank of the Year 2021’ Prime Bank has been named “Bangladesh Domestic Cash Management Bank of the Year 2021” by Singapore-based the Asian Banking & Finance Magazine. August 19, 2021
Prime Bank ‘Cash Management Bank of the Year 2021’ Prime Bank has been named “Bangladesh Domestic Cash Management Bank of the Year 2021” by Singapore-based the Asian Banking & Finance Magazine.
Banks asked to raise core capital ratio The central bank yesterday asked banks to raise their core capital ratio to 3.25 per cent in 2023 after they failed to put in place enough shareholders’ equity and reserves in line with international standards to absorb unexpected shocks.
August 19, 2021
Banks asked to raise core capital ratio The central bank yesterday asked banks to raise their core capital ratio to 3.25 per cent in 2023 after they failed to put in place enough shareholders’ equity and reserves in line with international standards to absorb unexpected shocks.
NBFIs asked to ensure credit discipline The Bangladesh Bank yesterday asked non-bank financial institutions to release approved loans to bank accounts owned by genuine borrowers. August 18, 2021
NBFIs asked to ensure credit discipline The Bangladesh Bank yesterday asked non-bank financial institutions to release approved loans to bank accounts owned by genuine borrowers.
Cash incentive on loans for women-owned SMEs Bangladesh Bank yesterday declared a cash incentive on dedicated small and medium enterprise (SME) loan programmes for female entrepreneurs. August 18, 2021
Cash incentive on loans for women-owned SMEs Bangladesh Bank yesterday declared a cash incentive on dedicated small and medium enterprise (SME) loan programmes for female entrepreneurs.
Standard Chartered-UCEP announce second phase of re-skilling programme Standard Chartered has announced to launch the second phase of re-skilling and employment reintegration programme in partnership with UCEP for those who have lost their livelihoods due to the Covid-19 fallout. August 17, 2021 at 07:28PM
Standard Chartered-UCEP announce second phase of re-skilling programme Standard Chartered has announced to launch the second phase of re-skilling and employment reintegration programme in partnership with UCEP for those who have lost their livelihoods due to the Covid-19 fallout.
Al-Arafah Bank risk committee chairman reelected Al-Arafah Islami Bank has recently witnessed the reelection of its risk management committee chairman. August 17, 2021
Al-Arafah Bank risk committee chairman reelected Al-Arafah Islami Bank has recently witnessed the reelection of its risk management committee chairman.
Probashi Kallyan Bank signs deal with NCC Bank for remittance disbursement State-owned Probashi Kallyan Bank (PKB) today signed an agreement with NCC Bank for the disbursement of remittance sent by Bangladeshi expatriates to their beneficiaries in the country. August 16, 2021 at 07:58PM
Probashi Kallyan Bank signs deal with NCC Bank for remittance disbursement State-owned Probashi Kallyan Bank (PKB) today signed an agreement with NCC Bank for the disbursement of remittance sent by Bangladeshi expatriates to their beneficiaries in the country.
ব্রডব্যান্ডের পর শৃঙ্খলায় আসছে মোবাইল ইন্টারনেট - Digi Bangla একযুগ পর শৃঙ্খলায় আসতে যাচ্ছে ডিজিটাল বাংলাদেশের ব্যাকবোন খ্যাত দেশের ব্রডব্যান্ড ইন্টারনেট খাত। প্রশমিত হতে য...
এম এল এম মানেই কি প্রতারণা? MLM Business in Bangladesh Multi-Level Marketing or MLM companies are one of the most discussed topics in the world. Although MLM companies are not entirely illegal and there is plenty...
BB won’t budge on deposit rate order The Bangladesh Bank yesterday refused to revisit its instruction that asked banks to set a higher interest rate on fixed deposits than the inflation rate despite pleas from lenders.
August 12, 2021
BB won’t budge on deposit rate order The Bangladesh Bank yesterday refused to revisit its instruction that asked banks to set a higher interest rate on fixed deposits than the inflation rate despite pleas from lenders.
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