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    Banks cut rate again in July

    Staff Correspondent | Updated at 10:27pm on September 15, 2017

    Interest rates on lending decreased further in July as commercial banks were forced to cut the rates against the backdrop of businesses’ persistent reluctance to...

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    Banks recover Tk 9,490.39cr in 14yrs, Tk 34,922cr still unpaid

    AKM Zamir Uddin | Updated at 09:57pm on September 14, 2017

    Country’s banks recovered only about 21 per cent or Tk 9,490.39 crore of their written off loans in last 14 years as they (banks) did not...

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    BB blasts 4 SCBs over defaulted loans

    Staff Correspondent | Updated at 10:07pm on September 12, 2017

    Bangladesh Bank on Tuesday criticised the performances of four state-owned commercial banks as the indicators related to their defaulted loans, required capital and credit recovery...

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    BB’s refinancing fund for jute gets huge response

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:02pm on September 11, 2017

    The refinancing scheme of Bangladesh Bank for jute sector has drawn a huge response from borrowers as banks have already disbursed Tk 343.22 crore revolving...

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    Banks’ CSR spending up 15.84pc in H1

    AKM Zamir Uddin | Updated at 09:54pm on September 11, 2017

    Banks’ CSR expenditure increased by 15.84 per cent to Tk 326.22 crore in the first half of this year from Tk 281.59 crore during the...

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    Banks asked not to concentrate loans in few businesses

    Staff Correspondent | Updated at 10:38pm on September 10, 2017

    Bangladesh Bank on Sunday asked the country’s commercial banks not to concentrate their loans in a particular sector or a few corporate groups with a...

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    Defaulted loans in eight SOBs Tk 40,099cr

    Staff Correspondent | Updated at 10:21pm on September 08, 2017

    The eight state-run banks held 54.07 per cent or Tk 40,099.19 crore of the total defaulted loans in the country’s banking sector as of June 30,...

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    Pvt banks to be asked to allow all subjects in recruitment tests

    AKM Zamir Uddin | Updated at 09:38pm on September 07, 2017

    Bangladesh Bank will ask the country’s private commercial banks to allow jobseekers irrespective of someone’s academic subject and educational institution to participate in the banks’...

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    NSCs net in Tk 5,053cr in July as rush continues

    AKM Zamir Uddin | Updated at 10:36pm on August 31, 2017

    People continued to invest heavily in national savings certificates and bonds in the first month of the new fiscal year with net investment rising by...

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    CBA threatens to create chaotic situation if decision not revised

    Staff Correspondent | Updated at 12:05am on August 31, 2017

    The Bangladesh Bank Employees Association has threatened to create a chaotic situation in the central bank if the BB’s board of directors does not revise...