ICB’s investment capacity raised The central bank will not consider the Investment Corporation of Bangladesh (ICB) as a single party borrower of banks in a bid to increase the financial institution’s capacity to invest in the capital market. The move comes in line with the six-point recommendation made by Finance
Read MoreSingapore keen to invest in financial sector A high-powered business delegation from Singapore yesterday showed keen interest to invest in the banking and financial sector as it offers immense growth potential. “There is business potential for foreign banks in Bangladesh and a few international banks already operate here,” said Teo
Read MoreBangladesh Bank for ‘growth supportive’ MPS The central bank has started preparations to formulate its next monetary policy, giving top priority to curb the rising trend of inflation and help the productive sectors achieve maximum economic growth. The priorities were suggested at an internal preparatory meeting on the monetary policy
Read MoreStocks finish flat amid short-term profit booking Dhaka stocks finished flat on Sunday, the first trading session of the week, due mainly to profit-taking selling by a section of inventors after a two-day rise. The key index of the bourse, DSEX, finished at 5,366.02 points, adding just 0.07 per cent
Read MorePrivate credit growth continues to fly low Private sector credit growth continued its downward course in May after many banks sincerely adopted a ‘go slow’ policy in disbursing fresh loans. In May, private sector credit growth stood at 17.60 percent, down from 17.65 percent registered a month earlier but still
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