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Banks show reluctance to get refinance scheme fund
HM Murtuza | Updated at 11:13pm on August 12, 2020
Disbursement of refinance to the banks from the Bangladesh Bank’s Tk 15,000 crore-scheme, designed to support the banks with liquidity for implementation of the Tk...
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Loan disbursement thru agent banking close to nil in April
HM Murtuza | Updated at 11:03pm on August 11, 2020
Loan disbursement through agent banking in April came down close to nil as banks found disbursement of loans through the agent banking channel at the...
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Govt borrows Tk 13,087cr thru T-bonds in July
HM Murtuza | Updated at 10:05pm on August 07, 2020
The government’s borrowing in July, the first month of the current fiscal year 2020-21, stood at Tk 18,056 crore that included Tk 13,087 crore it borrowed through...
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Loan disbursement to farmers, SMEs growing at snail’s pace
HM Murtuza | Updated at 02:11am on August 07, 2020
Disbursement of the stimulus loans by the country’s banks to the farmers, low-income people, short-time traders, and cottage, micro, small and medium entrepreneurs has been...
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BB asks City Bank to explain job cut fear among employees
HM Murtuza | Updated at 09:39pm on August 04, 2020
The Bangladesh Bank has issued a show cause letter to City Bank asking it to explain concerns among its employees regarding job termination amid the...
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BB issues policy to enlist bank-linked cos on stock market
HM Murtuza | Updated at 11:44pm on July 30, 2020
The Bangladesh Bank on Thursday made it mandatory for the power and energy, tourism and digital infrastructure sectors’ companies having any scheduled bank’s equities to...
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BB cuts key rates in expansionary, accommodative monetary policy
HM Murtuza | Updated at 11:18pm on July 29, 2020
The Bangladesh Bank on Wednesday unveiled an expansionary and accommodative monetary policy for the fiscal year 2020-2021, lowering the bank rate to 4 per cent...
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Bangladesh banks face highest asset yield erosion in Asia-Pacific region: Moody’s
HM Murtuza | Updated at 10:49pm on July 28, 2020
Bangladesh’s banking sector witnessed the highest fall in asset yield in the Asia-Pacific region during the last six years despite the fact that the banks’...
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Monthly remittance hits record $1.96b in 3 weeks of July
HM Murtuza | Updated at 11:11pm on July 27, 2020
The monthly inflow of remittance has hit an all-time high in July ahead of Eid-ul-Azha, one of the largest religious festivals of the Muslims, as...
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3pc of stimulus for CMSMEs disbursed in 3 months
HM Murtuza | Updated at 10:14pm on July 26, 2020
The country’s banks have sanctioned loans worth Tk 2,065 crore for the cottage, micro, small and medium entrepreneurs in more than three month of the launch...
Thursday, August 13, 2020
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