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World Bank warns China growth could screech to a halt
Agence France-Presse . Washington | Updated at 10:59pm on March 31, 2020
The coronavirus pandemic’s economic fallout could cause China’s growth to come to a standstill while driving 11 million more people in East Asia into poverty,...
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Bangladesh Bank to operate REPO, call money market on limited scale
Staff Correspondent | Updated at 10:44pm on March 31, 2020
The Bangladesh Bank on Tuesday said that it would operate REPO (repurchase agreement) and call money market on a limited scale during the ongoing government...
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Bangladesh Bank extends forex support for Bangladeshis stranded abroad
Staff Correspondent | Updated at 10:31pm on March 30, 2020
The Bangladesh Bank has extended foreign currency facility for the Bangladeshi nationals stranded abroad due to the travel ban imposed by different countries amid the...
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Only few bank branches open
HM Murtuza | Updated at 10:17pm on March 29, 2020
Banks conducted limited operations only at a few branches across the country on Sunday, the first day of a five-day government holidays announced to limit...
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India cenbank slashes interest rates as coronavirus spreads
Agence France-Presse . Mumbai | Updated at 11:09pm on March 27, 2020
India’s central bank cut interest rates sharply on Friday as the coronavirus outbreak deepens fears for Asia’s third largest economy, which was already battling a...
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Farm loan release drops by 13.7pc in February
Staff Correspondent | Updated at 10:48pm on March 27, 2020
Farm loan disbursement by banks dropped by 13.7 per cent or Tk 315.57 crore in February this year compared to the previous month. The banks...
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Loan repayment failure would not make NBFIs’ borrowers defaulter
Staff Correspondent | Updated at 10:31pm on March 24, 2020
No loans with the non-bank financial intuitions could be downgraded to defaulted ones until June 30 this year on grounds of the borrowers’ failure in...
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Mahbub appointed CEO of HSBC in Bangladesh
Business Desk | Updated at 10:30pm on March 24, 2020
Md Mahbub ur Rahman has been appointed the chief executive officer of the Hongkong and Shanghai Banking Corporation in Bangladesh with effect from April 5,...
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MFS providers yet to make Tk 1,000 cash-out charge free
Staff Correspondent | Updated at 10:25pm on March 24, 2020
Mobile financial service providers are yet to execute a Bangladesh Bank instruction that asked the MFS providers to make withdrawals worth Tk 1,000 charge free....
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Banks must keep adequate cash in ATM during holidays: BB
Staff Correspondent | Updated at 10:19pm on March 24, 2020
The Bangladesh Bank on Tuesday asked banks to ensure availability of adequate cash in the automated teller machines during the 10-day holidays announced by the...
Wednesday, April 01, 2020
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