Banking

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    BB lowers provision for unclassified agro, micro credits

    Staff Correspondent | Updated at 11:16pm on September 27, 2017

    Bangladesh Bank on Wednesday asked banks to keep one per cent general provision, instead of the existing 2.5 per cent, against all unclassified short-term agricultural...

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    Banks, NBFIs asked to spend more CSR fund for tourism sector dev

    Staff Correspondent | Updated at 11:15pm on September 27, 2017

    Bangladesh Bank on Wednesday suggested that all banks and non-bank financial institutions should increase allocation and financial assistance significantly for the development of the tourism...

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    Bangladesh economic growth to slow down to 6.4pc in FY18: WB

    Staff Correspondent | Updated at 11:14pm on September 27, 2017

    The World Bank has projected that Bangladesh’s economic growth might slow down to 6.4 per cent in the fiscal year 2017-18 against the government’s target...

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    ADB retains lower GDP growth projection of 6.9pc for FY18

    Staff Correspondent | Updated at 10:11pm on September 26, 2017

    The Asian Development Bank on Tuesday retained its previous lower forecast of economic growth for Bangladesh at 6.9 per cent for the current fiscal year...

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    Ansar-VDP Unnayan Bank wants tax exemption

    Staff Correspondent | Updated at 10:57pm on September 24, 2017

    Despite making profit, Ansar-VDP Unnayan Bank has requested the government to exempt the bank from paying source tax and income tax and to consider the...

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    Farm loans disbursement soars in 2 months

    Staff Correspondent | Updated at 10:48pm on September 20, 2017

    Farm loans disbursement registered a 35.46 per cent growth in the first two months of this fiscal year (2017-18), compared with that in the same...

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    BB governor requests top remitters to campaign against hundi

    Staff Correspondent | Updated at 10:45pm on September 19, 2017

    Bangladesh Bank governor Fazle Kabir on Tuesday requested top remitters to campaign against using ‘hundi’ channel among the non-resident Bangladeshis with a view to increasing...

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    Loan defaulters barred from getting agent banking licence

    Staff Correspondent | Updated at 10:43pm on September 18, 2017

    Bangladesh Bank on Monday issued guidelines on agent banking, barring loan defaulters from getting licence to operate the services. Through the guidelines, the central bank...

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    Dhaka-Kolkata container train service trial run in October

    Jasim Uddin | Updated at 09:25pm on September 17, 2017

    Bangladesh and India are going to pilot the container train service between Dhaka and Kolkata next month to assess the feasibility of initiating the full-pledged...

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    Govt’s bank borrowing rises in Jul-Sept

    Staff Correspondent | Updated at 09:24pm on September 17, 2017

    The government’s borrowing from the banking sources suddenly increased in July-September of the current fiscal year 2017-18. Bangladesh Bank officials say the government is now...

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