Banking

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    Trade deficit mounts to $5.28b in July-Jan

    AKM Zamir Uddin | Updated at 10:19pm on March 07, 2017

    The country’s trade deficit increased by 36.34 per cent to $5.28 billion in the first seven months of the current financial year 2016-17 compared with...

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    BB moves to cut MFS transaction charge

    Staff Correspondent | Updated at 10:19pm on March 06, 2017

    Bangladesh Bank has taken an initiative to decrease the transaction charge on mobile financial services as the providers of MFS are imposing a 2-per cent...

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    Govt gives loan moratorium facility to frozen fish exporters

    Staff Correspondent | Updated at 10:58pm on March 05, 2017

    The government has given frozen fish exporters a moratorium facility for 30 per cent of their outstanding working capital loans taken from different banks to...

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    Govt body advises BB to assess capital account convertibility option

    AKM Zamir Uddin | Updated at 10:03pm on March 04, 2017

    A government committee has advised Bangladesh Bank to review whether Bangladesh could adopt full capital account convertibility (CAC) allowing local businesses to make overseas investment...

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    Tk 36,710 crore defaulted loans in 8 SOBs

    AKM Zamir Uddin | Updated at 10:07pm on March 03, 2017

    The eight state-run banks held 59.04 per cent or Tk 36,709.95 crore of the total defaulted loans in the banking sector as of December 31,...

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    Mad rush for NSCs takes Jan investment to record Tk 5,400cr

    AKM Zamir Uddin | Updated at 10:15pm on March 02, 2017

    The monthly net investment in the national savings certificates and bonds hit its all-time high at Tk 5,420.59 crore in January as there was a...

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    Indian economists seek GDP clues amid data doubts

    Reuters . New Delhi | Updated at 10:50pm on March 01, 2017

    Surprised again by India’s strong official growth statistics, economists are relying increasingly on high-frequency indicators like bank credit and rail freight to gauge the real...

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    Cars racing to become ‘mobile phones on wheels’

    Agence France-Presse . Barcelona | Updated at 10:45pm on March 01, 2017

    The car of the future will let you pay for petrol or parking directly from your vehicle and receive traffic alerts and restaurant recommendations from...

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    Disbursement of SME loan up 22pc in 2016

    AKM Zamir Uddin | Updated at 10:42pm on March 01, 2017

    SME loan disbursement by banks and non-bank financial institutions increased by 22.49 per cent to Tk 1,41,935.38 crore in 2016 compared with that in the...

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    Remittance inflow keeps bleeding in Feb

    Staff Correspondent | Updated at 10:19pm on March 01, 2017

    The inward remittance decreased by 17 per cent to $8.11 billion in the first eight months of the current financial year 2016-17 from $9.77 billion...

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