Banking

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    Rural SMEs ignored as Tk 1,41,935cr disbursed in 2016

    Staff Correspondent | Updated at 01:44am on April 29, 2017

    Scheduled banks and non-bank financial institutions continue to ignore rural entrepreneurs in disbursing their small and medium enterprise loans as they distributed only 22.15 per...

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    ADB, City Bank sign $5m loan deal

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:49pm on April 27, 2017

    The Asian Development Bank and the City Bank Limited on Thursday signed a loan agreement for US$5 million to support import and export financing for...

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    BB asks banks to cut dollar exchange rate for LCs

    Staff Correspondent | Updated at 10:36pm on April 27, 2017

    Bangladesh Bank on Thursday asked scheduled banks to reduce their exchange rate of the US dollar against the local currency to Tk 82 for settling...

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    BB sells dollars worth 96m in Apr for govt payments

    Staff Correspondent | Updated at 11:46pm on April 26, 2017

    Bangladesh Bank has increased its volume of US dollar sales in April mainly to clear import payments of government entities amid rising value of the...

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    BB receives 73 proposals worth $435m for long-term financing

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:07pm on April 25, 2017

    Bangladesh Bank has so far received 73 project proposals involving $435 million from export-oriented companies to facilitate long-term financing under the World Bank-funded Financial Sector...

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    BB suspends agri loan recovery in haor areas

    Staff Correspondent | Updated at 12:16am on April 25, 2017

    Bangladesh Bank on Monday asked banks to suspend their farm loan recovery programmes in the flash floods-hit haor regions in Sunamganj, Sylhet, Moulvibazar, Netrokona, Kishoreganj...

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    RCBC, Philrem officials face money laundering charge in $81m BB theft

    Staff Correspondent | Updated at 12:12am on April 25, 2017

    Philippines Department of Justice has filed money laundering charges against officials of Rizal Commercial Banking Corporation and remittance firm Philrem Service Corp in connection with...

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    Experts for cut in MFS transaction charges

    Staff Correspondent | Updated at 12:11am on April 25, 2017

    Bangladesh Bank and commercial banks should take measure to decrease existing higher charges on transaction through mobile financial services, said experts in Dhaka on Monday...

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    Economic dev meaningless without good governance: economists

    Staff Correspondent | Updated at 12:32am on April 24, 2017

    Economists on Sunday said that economic development of a country was meaningless without good governance which was the basic human rights of the citizens...

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    WB says lower oil prices hit B’desh remittance

    Staff Correspondent | Updated at 11:19pm on April 22, 2017

    Remittance earnings of Bangladesh declined in 2016 mainly because of lower oil prices, weak economic growth and fiscal tightening in the Gulf countries, according to...

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