• Images

    WB okays $300m for grassroots level dev

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:40pm on February 01, 2017

    The World Bank has approved $300 million financing to empower the local governments at grassroots level with discretionary funds that would also enable communities decide...

  • Images

    BRAC to cut foreign donation dependency to 10pc

    Staff Correspondent | Updated at 10:34pm on February 01, 2017

    BRAC is planning to bring down the dependency on foreign donors to 10 per cent by 2020 to become financially sustainable as global funding in...

  • Images

    Remittance drops for 7th month

    Staff Correspondent | Updated at 10:21pm on February 01, 2017

    Monthly remittance inflow in year-on-year basis dropped in January, for the seventh month in a row, as non-resident Bangladeshis continued to send money through illegal...

  • Images

    BB improperly keeps credit growth target unchanged: BGMEA

    Staff Correspondent | Updated at 11:11pm on January 31, 2017

    The Bangladesh Garment Manufacturers and Exporters Association on Tuesday said Bangladesh Bank improperly kept the private sector credit growth target unchanged in the half-yearly monetary...

  • Images

    FBCCI wants NPLs, capital flight curbed

    Staff Correspondent | Updated at 11:02pm on January 31, 2017

    The Federation of Bangladesh Chambers of Commerce and Industry on Tuesday demanded that Bangladesh Bank takes immediate step to reduce non-performing loans and curb money...

  • Images

    NRBs can open FC deposit accounts

    Staff Correspondent | Updated at 12:10am on January 31, 2017

    Bangladesh Bank on Monday said that Non-Resident Bangladeshis and persons of Bangladesh origin who have dual nationality and are residing abroad will be permitted to...

  • Images

    BB cuts NBFIs’ borrowing limit from call money market

    Staff Correspondent | Updated at 12:03am on January 31, 2017

    Bangladesh Bank has lowered the borrowing limit of the non-bank financial institutions from the inter-bank call money market...

  • Images

    ‘Fake’ directors, Tk 701cr shady loans: scams galore in NRBC

    AKM Zamir Uddin | Updated at 11:45pm on January 30, 2017

    Bangladesh Bank has found that the board of directors of recently-established NRB Commercial Bank was engaged in massive irregularities — from forging signatures of directors...

  • Images

    BB keeps major MPS targets unchanged eyeing GDP boost

    Staff Correspondent | Updated at 10:45pm on January 29, 2017

    Bangladesh Bank has kept unchanged the target of 16.50 per cent private sector credit growth, which has slowed in recent months, in the monetary policy...

  • Images

    BB unveils new MPS today

    Staff Correspondent | Updated at 10:16pm on January 28, 2017

    Bangladesh Bank may keep unchanged the private sector credit growth target in its monetary policy statement (MPS) for the January-June period of 2017 to be...