Bankers meeting on good borrowers incentive policy today Bangladesh Bank will discuss the non-compliance issue on good borrowers’ incentive policy at the bankers meeting scheduled to be held at its headquarters in the city today. “The issue will be raised at the meeting as most banks are reluctant to comply
Read MoreTesting year for banks The year 2016 witnessed an intense competition among banks in terms of rates, but it was a boon for the clients as they got improved services and better facilities at costs lower than before. Increasing off-shore borrowing by reputed local business houses has reduced banks’ scope
Read MoreBanks’ profits surge on political calm Political stability has helped banks earn handsome operating profits in 2016 despite a sharp fall in lending rates, data collected from different banks showed. Some new banks recorded more than 200.0% rise in operating profits, while struggling Premier Bank saw 78.0% growth. Largest private
Read MoreBangladesh Bank to be tough on borrowers Borrowers who became defaulters despite taking a special rescheduling facility in 2013 will not be allowed to regularize their loans anymore, a central bank official said. As part of the move, Bangladesh Bank is now carrying out a special inspection to assess the
Read MoreBanks plan to issue bonds to boost capital Many public and private banks have been considering issuing bonds next year to maintain the new international standards for capital adequacy ratio. Officials at the finance ministry and the Bangladesh Bank said the government has been considering releasing bonds to meet the
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