central bank

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    11 banks’ provision shortfall Tk 7,146cr in Oct-Dec

    Staff Correspondent | Updated at 11:46pm on February 10, 2021

    Eleven banks suffered Tk 7,146.24 crore in provision shortfalls in the October-December period of the year 2020 despite the central bank’s embargo on downgrading loans amid...

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    Bangladesh Bank puts 30pc cap on banks’ dividend issuance

    Staff Correspondent | Updated at 11:24pm on February 07, 2021

    The Bangladesh Bank on Sunday imposed a 30-per cent ceiling on banks’ dividend issuance to strengthen the entities’ capital base, making compliance with the rules...

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    Bangladesh Bank asks bank directors, top 3 execs to report by Feb

    HM Murtuza | Updated at 10:49pm on January 22, 2021

    The Bangladesh Bank has asked all the banks’ directors, managing directors and two other officials immediately in rank next to the MDs to submit reports...

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    Widening income inequality amid pandemic worrying

    | Updated at 12:00am on January 12, 2021

    GROWING income inequality, that too during the COVID-19 outbreak, is a sign of uneven development. Central bank data show that the number of bank accounts...

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    HC asks central bank, NRBC Bank to explain by Jan 12

    Staff Correspondent | Updated at 01:49am on January 05, 2021

    The High Court on Monday asked the Bangladesh Bank and NRBC Bank to explain by January 12 whether the central bank had given a clean...

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    Government pays banks Tk 1,390 crore

    Staff Correspondent | Updated at 12:32am on January 05, 2021

    The government has paid Tk 1,390 crore to all scheduled banks against waiver of bank borrowers’ interest to certain extend for the months of April...

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    Nasimul appointed DBH MD, CEO

    | Updated at 12:03am on January 03, 2021

    Nasimul Baten has been appointed as managing director and CEO of Delta Brac Housing Finance Corporation Ltd with effect from January 01, 2021 following the...

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    Special loan rescheduling beneficiaries to get moratorium facility

    Staff Correspondent | Updated at 01:05am on December 31, 2020

    The Bangladesh Bank on Wednesday granted more respite to defaulters who were granted special loan rescheduling facility or One-Time Exit facility on easy terms under...

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    Disbursement to remain largely unimplemented by Dec deadline

    HM Murtuza | Updated at 11:54pm on December 25, 2020

    All scheduled banks have implemented 46.36 per cent of the stimulus package announced for cottage, micro, small and medium entrepreneurs’ with a handful of days...

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    Farm loan release rises by 7.59pc in July-Nov

    Staff Correspondent | Updated at 12:59am on December 24, 2020

    Farm loan disbursement by banks increased by 7.59 per cent or Tk 630.76 crore year-on-year in July-November of the current fiscal year 2020-2021 amid a central...