Banking

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    Clients facing trouble as govt squeezes sales of savings tools

    Staff Correspondent | Updated at 02:18am on July 19, 2017

    Clients are facing trouble in investing their money in the national savings tools as most of the banks, post offices and national savings bureaus have...

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    Pubali Bank, Padma Oil, IFAD Autos placed in DS30

    Staff Correspondent | Updated at 11:08pm on July 16, 2017

    The Dhaka Stock Exchange has reshuffled its two indices — DS30 and DSEX — as part of its half-yearly rebalancing of the indices, with an...

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    PD banks want half-yearly auction schedule for T-bills, bonds

    AKM Zamir Uddin | Updated at 11:07pm on July 16, 2017

    Country’s 12 primary dealer banks have requested Bangladesh Bank to take initiative so that the finance ministry prepares the auction calendar, a government’s bank borrowing...

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    Farmers to be exempted from service charge for farm loans

    AKM Zamir Uddin | Updated at 11:46pm on July 15, 2017

    Farmers will not pay any service charge while taking agriculture loans from the banks in line with the latest decision of the Bangladesh Bank....

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    Lending rate rises in May after 29-month fall

    Staff Correspondent | Updated at 11:10pm on July 14, 2017

    Interest rates on banks’ lending products increased in May after 29 months of fall as the private sector credit growth has been rising in recent...

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    Banks asked to help flood-hit people

    Staff Correspondent | Updated at 12:25am on July 13, 2017

    Bangladesh Bank on Wednesday requested all banks and non-bank financial institutions to extend their assistance for rehabilitation of the flood affected people under the corporate...

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    12 DMDs appointed at 7 state-owned banks

    Staff Correspondent | Updated at 12:23am on July 13, 2017

    The government has appointed 12 deputy managing directors at seven state-run banks and Investment Corporation of Bangladesh. The finance ministry issued a circular on Tuesday...

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    BB may raise pvt sector growth target in MPS

    Staff Correspondent | Updated at 12:15am on July 13, 2017

    Bangladesh Bank may increase the private sector growth target slightly in the coming monetary policy statement (MPS) for July-December of 2017 with a view to...

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    BB takes initiative to make DIBOR vibrant

    AKM Zamir Uddin | Updated at 12:10am on July 13, 2017

    Bangladesh Bank has taken an initiative to make vibrant the Dhaka Interbank Offered Rate (DIBOR) to fix a uniform interbank interest rate for short-term loan...

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    Govt’s FY17 bank borrowing logs negative Tk 18,029cr

    AKM Zamir Uddin | Updated at 10:59pm on July 11, 2017

    The government’s net bank borrowing registered negative Tk 18,029.10 in the just-concluded fiscal year 2016-17 due to massive investment on national savings certificates, Bangladesh Bank...

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