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    Moody’s downgrades Italy credit rating on debt, deficit concerns

    Agence France-Presse . Milan | Updated at 01:29am on October 21, 2018

    Moody’s has cut Italy’s credit rating by a notch over concerns about plans for larger deficits and the high public debt load as the country’s...

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    Pvt sector credit growth falls in June, but remains above BB target

    Staff Correspondent | Updated at 10:13pm on July 24, 2018

    The private sector credit growth declined further in June, the last month of the just concluded fiscal year of 2017-2018, to come down to near...

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    Pvt sector credit growth remains above BB target

    HM Murtuza | Updated at 12:05am on June 02, 2018

    Private sector credit growth declined for the second consecutive month in April but remained well above the central bank projected limit, thus nullifying banks owners’...

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    Pvt sector credit growth jumps in Feb despite fund crisis claim

    HM Murtuza | Updated at 12:05am on April 03, 2018

    The new monetary policy is failing to contain the private sector credit growth with the rate rising to 18.49 per cent in February although the...

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    WB to provide $150m loan for modernising trade-related infrastructure

    Staff Correspondent | Updated at 12:05am on December 08, 2017

    The World Bank will provide $150 million in concessional loan to Bangladesh to modernise its trade-related infrastructure for enhancing regional connectivity and trade with India,...

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    BASIC Bank tops SOBs

    Shakhawat Hossain | Updated at 12:05am on November 20, 2017

    Among the state-owned commercial banks, scams hit BASIC and Sonali have the highest amount of non-performing loan which is growing to pose a serious threat...

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    Govt to sign $260m loan deal with ADB today

    Agence France-Presse . Dhaka | Updated at 11:50pm on November 18, 2017

    The government will sign a US$260 million agreement with the Asian Development Bank today for sustaining and increasing its investments in infrastructures, particularly financing public-private...

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    BB lowers interest rate further for long-term pvt sector loans

    Staff Correspondent | Updated at 12:05am on November 02, 2017

    Bangladesh Bank on Wednesday lowered further the interest rate for long-term financing to the private sector entrepreneurs under the World Bank-funded financial sector support project...

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    Dhaka signs $550m loan deal with Beijing

    Staff Correspondent | Updated at 10:39pm on October 29, 2017

    China is set to finance $550.4 million for a major infrastructure project in Bangladesh to install single point mooring at Moheshkhali and lay two pipelines...

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    ADB okays $1.2b for upgrading Dhaka-Northwest int’l trade corridor

    Staff Correspondent | Updated at 10:33pm on October 24, 2017

    The board of directors of Manila-based Asian Development Bank has approved $ 1.2 billion credit for the second phase upgrade of the Dhaka-Northwest international trade...