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  Seven banks face Tk 15,387cr in capital shortfall

  AKM Zamir Uddin | Updated at 10:47pm on August 29, 2017

  Seven banks faced capital shortfall of Tk 15,387.07 crore as of June 30 this year as the growing non-performing loans forced them to keep large...

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  BB staff protest against board’s incentive decision

  Staff Correspondent | Updated at 10:42pm on August 28, 2017

  Bangladesh Bank employees on Monday staged a demonstration to protest against a central bank’s board decision to give them annual financial incentives based on the...

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  HSBC arranges $46m loan for Viyellatex Spinning

  Business Desk | Updated at 10:03pm on August 27, 2017

  HSBC Bangladesh has arranged the country’s first private sector agreement with SERV, Switzerland’s Export Credit Agency, in a transaction securing finance of $46 million, said...

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  Banks asked to keep adequate cash at ATMs during Eid vacation

  Staff Correspondent | Updated at 09:59pm on August 27, 2017

  Bangladesh Bank on Sunday asked commercial banks to keep adequate cash in their automated teller machines so that their clients can withdraw money round the...

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  NBR to ask 5 luxury hotels to pay Tk 100cr in SD on alcohol sales, floor shows

  Staff Correspondent | Updated at 10:36pm on August 26, 2017

  The National Board of Revenue is likely to ask five luxury hotels to pay around Tk 100 crore in supplementary duty on alcohol sales and floor...

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  Ministry seeks Tk 10,000cr scheme like BB’s EDF

  Moinul Haque | Updated at 10:35pm on August 26, 2017

  The textiles and jute ministry has sought a Tk 10,000-crore export promotion fund for the jute sector so that jute and jute goods exporters can get...

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  Lack of action against wilful defaulters, loan scams blamed

  Staff Correspondent | Updated at 10:34pm on August 26, 2017

  Inertia to check wilful loan defaulters and lack of political will to nab the masterminds of loan scams are the major reasons for the abysmal...

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  Muhith blames bankers for non-performing loan

  Staff Correspondent  | Updated at 03:19pm on August 26, 2017

  Finance minister AMA Muhith on Saturday blamed the bankers for the non-performing loan that is still at horrendous stage...

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  Defaulted loans in 9 new banks rise by 161pc in Jan-Jun

  AKM Zamir Uddin | Updated at 11:59pm on August 25, 2017

  The amount of defaulted loans in nine new banks which are enjoying political backings increased by 161.03 per cent to Tk 713.25 crore in the first...

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  BB likely to extend sharecroppers credit programme for high demand

  Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:54pm on August 25, 2017

  Bangladesh Bank is likely to extend its sharecroppers credit programme as it has a strong positive impact on the income of marginal farmers and the...