$

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

£

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

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Rate last updated: 02/01/2014 11:15:04 AM

Important Business News Extracts – September 13, 2017

Banks’ net income drops 33pc in one year to June Net income of all banks after provisioning and tax dropped by nearly 33 per cent or Tk 8.96 billion as of June 30 of the current calendar year. According to unaudited and provisional figures, compiled by Bangladesh Bank (BB), the

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Important Business News Extracts – September 12, 2017

BB’s refinancing fund for jute gets huge response The refinancing scheme of Bangladesh Bank for jute sector has drawn a huge response from borrowers as banks have already disbursed Tk 343.22 crore revolving loan since its launch in June 2014. BB launched the refinancing scheme with a fund of Tk

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Important Business News Extracts – September 11, 2017

Banks asked not to concentrate loans in few businesses Bangladesh Bank on Sunday asked the country’s commercial banks not to concentrate their loans in a particular sector or a few corporate groups with a view to protecting the banks’ financial health. The central bank also asked private commercial banks to

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Important Business News Extracts – September 10, 2017

Consumer loans see steep rise Consumer financing by the banking sector saw a significant rise during the last year thanks to falling lending rates and rising purchasing power of the country’s middle-class. Consumer credit rose 28.22% year-on-year to BDT 369.83 billion in 2016 from BDT 288.43 billion a year ago,

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Important Business News Extracts – September 06, 2017

Govt resumes borrowing from banks to meet budget deficit The government restarted borrowing from the banking system, ending over a month’s suspension, through auctioning its securities for part financing of budget deficit. Exigencies of food import following crop losses and repairs of flood-damaged infrastructures, especially roads, are also seen as

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