Dhaka Bank, Pakiza Group ink deal Dhaka Bank Ltd and Pakiza Group recently signed an agreement for project finance of Tk 2,735.19 million at the Dhaka Bank Corporate Office. Syed Mahbubur Rahman, Managing Director and CEO of Dhaka Bank Limited and Rafiqul Islam Khan, Chairman of Pakiza Group inked the
Read MoreSMEs deserve greater attention: Atiur Small entrepreneurs, particularly the young and women, deserve greater attention of the policymakers and regulators to help them grow and receive adequate financing, said a former central bank governor. “Despite many successes, SME financing still remains inadequate,” said the governor, Atiur Rahman. Assistance to small
Read MoreRed blinking: Four large borrowers fail to pay regular instalments, out to have the loans rescheduled again Four business groups, which got their loans of Tk 3,200 crore restructured under the central bank’s special policy around three years ago, have failed to pay regular instalments for most of the loans.
Read MoreBangladesh Bank (BB) asks banks to frame code of conduct The central bank of Bangladesh has asked all financial institutions (FIs) operating in the country to prepare their respective ‘Code of Conduct’ by January 31, 2018 for ensuring transparency and accountability in delivering products and services. The Bangladesh Bank (BB)
Read MoreSMEs ‘backbone of industrialisation’ Housing and Public Works Minister Mosharraf Hossain said small and medium enterprises (SMEs) are the backbone of industrialisation in a country, as they supply basic inputs to the big industries and thus help economy grow. The government is providing necessary support to the SMEs so that
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