FoB imports flourish to consignees’ comfort Bangladesh’s imports through FoB arrangement are rising rapidly, implying that overseas procurement is now dominated by local consignees in a paradigm shift in external trade. But large importers, who have transport facilities under their own command, disagree with the changes in freights in import
Read MoreEnsuring quality credit gets top priority in next MPS Ensuring the quality of credit to achieve maximum economic growth by the end of this fiscal gets top priority as the central bank prepared to formulate country’s next monetary policy. Officials said the priority was suggested at an internal preparatory meeting
Read MoreBanks, power producers get a boost from BB The central bank has exempted banks from keeping provisions in opening letters of credit to import equipment for electricity plants in order to fast-track the completion of power projects. As per the new directive issued on Wednesday, banks will be eligible for
Read MoreBB plans cut in ADR as credit growth overshoots target The central bank has planned to slash the limit of advance-deposit ratio (ADR) to help check any possible liquidity pressure on the market due to ‘aggressive lending.’ The ADR of all banks is likely to be re-fixed at 80.50 per
Read MoreBB to issue fresh directives for implementing ALM guidelines Commercial banks are expected to get a latest directive for implementing the asset-liability management (ALM) guidelines strictly to duck possible liquidity pressure in an emerging lopsided-market scenario. Officials said the dos from the central bank could come at a bankers’ meeting
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