Banking

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    Imports rise in Dec

    AKM Zamir Uddin | Updated at 11:24pm on January 20, 2017

    The country’s import payments registered a 9.27-per cent growth in December last year against the 17.84-per cent growth posted in the previous month...

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    Finance okays 209 new posts to turn labour directorate into dept

    Moinul Haque | Updated at 10:33pm on January 19, 2017

    The finance ministry has recently approved 209 new posts for upgradation of labour directorate to labour department after nine months scrutiny of labour ministry proposal...

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    Defaulted farm loans rise by 13.50pc to Tk 4,950cr in 2016 

    AKM Zamir Uddin | Updated at 10:30pm on January 19, 2017

    Defaulted loans in the country’s agriculture sector increased by 13.50 per cent in 2016 year-on-year as the scheduled banks did not take adequate measures to...

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    Fin min drafts guidelines making cos’ CSR spending mandatory

    Staff Correspondent | Updated at 10:25pm on January 19, 2017

    The finance ministry has framed draft guidelines on corporate social responsibility making it mandatory for an eligible company to allocate every year at least 2...

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    BB launches new KYC forms for banks

    Staff Correspondent | Updated at 11:29pm on January 18, 2017

    Bangladesh Bank has introduced fresh uniform account opening and ‘know your client’ profile forms for the clients of the banking sector in line with money...

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    ADB to provide $200m to support women entrepreneurs

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:27pm on January 18, 2017

    The government Wednesday signed a $200 million loan agreement with Asian Development Bank to help small and medium-sized enterprises in rural Bangladesh...

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    53pc of BASIC’s SME loans now defaulted

    AKM Zamir Uddin | Updated at 11:09pm on January 18, 2017

    Fifty three per cent of SME loans worth Tk 5,359.07 crore has become defaulted at the scam-hit BASIC Bank against its disbursed SME loans of...

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    Citibank NA for easing business, investment regulations

    Staff Correspondent | Updated at 11:38pm on January 16, 2017

    The US-based Citibank NA on Monday said that easing business setup and investment regulations, and rapid execution of infrastructure projects would be driving factors for...

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    WB rejects request for $500m loan for BoP

    Staff Correspondent | Updated at 11:32pm on January 16, 2017

    The World Bank has rejected a request from government to provide $500 million concessional loan to support the country’s balance of payment against the backdrop...

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    BB rejects IFIC’s plea to transfer $12m for Nepal bank investment

    AKM Zamir Uddin | Updated at 11:20pm on January 16, 2017

    Bangladesh Bank has rejected an IFIC Bank Ltd’s application for transferring capital worth $12.29 million or around Tk 98 crore to make further investment in...

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