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    Bangladesh Bank issues procedure

    Staff Correspondent | Updated at 01:40am on April 03, 2020

    The Bangladesh Bank on Thursday released the modus operandi for using the loan from the Tk 5,000-crore stimulus package, saying that eligible export-oriented factories could...

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    Farm loan release drops by 13.7pc in February

    Staff Correspondent | Updated at 10:48pm on March 27, 2020

    Farm loan disbursement by banks dropped by 13.7 per cent or Tk 315.57 crore in February this year compared to the previous month. The banks...

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    Government, ADB ink $400m loan deal to upgrade road corridor

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:28pm on March 15, 2020

    The Bangladesh government and the Asian Development Bank on Sunday signed a loan agreement of $400 million to help upgrade the Dhaka-Northwest international trade corridor...

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    SoBs miss bad loan recovery targets

    Staff Correspondent | Updated at 01:06am on February 24, 2020

    All the state-owned commercial banks have failed again to achieve major targets, including recovery of bad loans in the first six months of the current...

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    ADB to lend $170m to reform capital market in Bangladesh

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:15pm on February 15, 2020

    The Asian Development Bank will provide second tranche loan of $170 million to conclude the third capital market development programme (CMDP) in Bangladesh. ‘ADB’s long-term...

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    Banks’ profitability falls in Sept-end quarter: Bangladesh Bank

    Staff Correspondent | Updated at 12:06am on February 10, 2020

    Profitability of the scheduled banks faced a fresh blow at the September-end quarter of the year 2019 amid growing non-performing loans in the banking sector....

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    Govt’s bank loans reach Tk 49,106cr in 7 months

    HM Murtuza | Updated at 12:56am on February 07, 2020

    The government’s net borrowing from the banking system stood at Tk 49,106.16 crore in the first seven months of the current fiscal year 2019-2020 resulting...

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    Legal system in recovering default bank loans

    Mosharaf Hossain | Updated at 12:00am on February 04, 2020

    A BANK’S prime source of earning is lending of its depositors’ money in the form of loans or advances, which are expected to come back...

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    Defaulted industrial loans surge by 24.75pc in one year till Sept

    Staff Correspondent | Updated at 10:07pm on January 29, 2020

    The amount of defaulted loans in the industrial sector increased by 24.75 per cent or Tk 10,795.29 crore as of September 30 last year as most...

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    Loans in default continue to dog Bangladesh banking sector

    | Updated at 12:00am on January 24, 2020

    ABOUT Tk 969.86 billion in loans in default being in the hands of 8,238 companies until November 2019, as the finance minister told the parliament...