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IMF to resume Sri Lanka’s loan discussion in Feb: Lagarde
Reuters . Colombo | Updated at 12:00am on January 17, 2019
The International Monetary Fund will resume discussions with Sri Lanka in February for further disbursal of part of a $1.5 billion loan, the lender said,...
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China cenbank’s record $83b injection heightens worries over ailing economy
Reuters . Shanghai | Updated at 12:00am on January 17, 2019
China’s central bank injected a record $83 billion into the country’s financial system on Wednesday, seeking to avoid a cash crunch that would put further...
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Brexit deal defeat boosts European banks, hurts FTSE 100
Reuters . London | Updated at 04:26pm on January 16, 2019
British shares lagged Europe on Wednesday after prime minister Theresa May’s resounding defeat in a parliamentary vote on her Brexit deal, but in the face...
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IFIL launches 3 investment and deposit products
Staff Correspondent | Updated at 12:00am on January 16, 2019
Islamic Finance and Investment Limited on Tuesday launched three new investment and deposit products to facilitate customers and provide better financial service.The company launched the...
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Fintech firms want to shake up banking that worries US Fed
Reuters . Washington | Updated at 12:00am on January 15, 2019
The US Federal Reserve is wary of giving ‘fintech’ firms such as OnDeck Capital Inc or Kabbage Inc. access to the country’s financial infrastructure, putting...
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Govt’s NSC sale reaches 83pc of annual target in five months
Staff Correspondent | Updated at 12:00am on January 14, 2019
The government in just five months (July-November) collected Tk 21,661.93 crore from the sales of national savings certificates, which is 82.69 per cent of its target...
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ADB provides $200m loan to upgrade rural road network
United News of Bangladesh . Dhaka | Updated at 12:00am on January 14, 2019
The Asian Development Bank and the government of Bangladesh on Sunday signed agreements for $200 million in loans to improve the rural road network in...
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BAB, ABB hold jt meeting on reducing defaulted loan
Staff Correspondent | Updated at 12:00am on January 13, 2019
Two associations of bank owners and top executives on Saturday held a joint meeting on devising ways to reduce defaulted loans as per their commitments...
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No new defaulted loans from today: Mustafa Kamal
Staff Correspondent | Updated at 12:00am on January 11, 2019
Newly appointed finance minister AHM Mustafa Kamal on Thursday said no loan would be allowed to turn sour from now on....
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WB sees global growth slowing in 2019
Reuters | Updated at 12:00am on January 10, 2019
The growth of the global economy is expected to slow to 2.9 per cent in 2019 compared with 3 per cent in 2018, the World...
Monday, February 18, 2019
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