Some 85pc listed banks see profit surge in H1 Most of the listed banks logged higher profits year-on-year in the first half (H1) for January-June, 2021 due to higher operating income, lower provisioning and bullish capital market. Of the 31 banks listed on the Dhaka Stock Exchange (DSE), 27 have
Read MoreBanks, bourses remain closed on Aug 1, 4 The central bank has ordered all the scheduled banks to keep their operations closed on Sunday and Wednesday next week following higher coronavirous infections and deaths in Bangladesh recently. The central bank also asked the banks to provide services on a limited
Read MoreBB in a fix with next monetary policy The Bangladesh Bank faces a complex situation as it draws up its monetary policy statement for the current fiscal year in the wake of escalating excess liquidity and ongoing business slowdown. The central bank has followed an unconventional monetary policy since March
Read MoreCEOs need BB nod for foreign travel From now on, chief executive officer (CEO) of any financial institution has to take permission from the Bangladesh Bank before leaving the country, reports UNB.Bangladesh Bank in a circular on Monday made this mandatory provision. Earlier, a similar provision was made for the
Read MoreDSEX soars in post-Eid session to reach record high The prime index of the Dhaka Stock Exchange (DSEX) hit a record high on Sunday, the first session after Eid vacation, as buying binge added strength to the equity indices despite virus worries. The market remained shut for five days from
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