BB to crack down on habitual defaulters The central bank has moved to reform the existing acts to clamp down on habitual defaulters, whose tendency to go to courts to stall paying back loans has sent the sector’s non-performing loans to an alarming level. As of September last year, the
Read MoreDSE Turnover hits 16-month high Dhaka bourse witnessed marginal correction in broad index on Sunday following mixed performance displayed by major sectors. On the day, the turnover hit 16-month high as many investors injected fresh funds in securities, according to market operators. Investors’ participation was mostly concentrated in general insurance
Read MoreEPS of eight companies rise marginally in Q2 The EPS (earnings per share) of eight listed companies rose marginally for October-December (Q2), 2018 compared to same period of the previous year. The EPS of Miracle Industries, S. S. Steel, Dhaka Electric Supply Company, Rangpur Foundry, Agricultural Marketing Company Limited (Pran),
Read MoreDSEX crosses 5900-mark after 11 months The benchmark index of the Dhaka Stock Exchange (DSE) exceeded the 5900-mark on Wednesday after eleven months as bank stocks kept the market afloat. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,925, climbing by 59.78 points or 1.02 per
Read MoreBB pushes banks to attain farm credit target The central bank has asked commercial banks for taking effective measures to achieve their agro-credit disbursement targets by the end of this fiscal year. The instruction came at a special meeting with senior officials of 30 foreign and local private banks at
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