TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
Rate last updated: 02/01/2014 11:15:04 AM
Only one-fifth of written off loans recovered The banking industry has been able to recover only one-fifth of their written off loans in the last 14 years in what can be described as a spectacular backfire of the central bank policy introduced in 2003. The Bangladesh Bank introduced the policy
Read MoreAmendment to banking companies act placed in parliament The Banking Companies (Amendment) Act-2017, which allows the doubling of the number of directors in a bank’s board from a single family and extends the tenure of directors, was placed in the parliament yesterday. The proposed law has now been forwarded to
Read MoreBanks’ net income drops 33pc in one year to June Net income of all banks after provisioning and tax dropped by nearly 33 per cent or Tk 8.96 billion as of June 30 of the current calendar year. According to unaudited and provisional figures, compiled by Bangladesh Bank (BB), the
Read MoreBB’s refinancing fund for jute gets huge response The refinancing scheme of Bangladesh Bank for jute sector has drawn a huge response from borrowers as banks have already disbursed Tk 343.22 crore revolving loan since its launch in June 2014. BB launched the refinancing scheme with a fund of Tk
Read MoreBanks asked not to concentrate loans in few businesses Bangladesh Bank on Sunday asked the country’s commercial banks not to concentrate their loans in a particular sector or a few corporate groups with a view to protecting the banks’ financial health. The central bank also asked private commercial banks to
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