Banks’ NPLs rise 15.0% in Q1 Country’s banking system gasps under an over 15.0% rise in their non-performing loans (NPLs) in the first quarter (Q1) of this year, belying the central bank surveillance. The volume of the dud loans rose to BDT 594.11 billion during the January-March period of this
Read MoreTax gap between listed, non-listed cos should be 10.0%, BSEC tells fin min The Bangladesh Securities and Exchange Commission has proposed that the finance ministry should increase tax gap between the listed and non-listed companies to 10% points for encouraging more companies to enlist with the country’s two bourses and
Read MoreThree banks adjust stock overexposure without selling shares Bangladesh Bank has already provided policy support to three banks — AB Bank, Pubali Bank and Mercantile Bank — to streamline their capital market exposure without selling shares, an official of the central bank said. The support came after the BB’s announcement
Read MoreBanks asked to limit single borrower exposure Bangladesh Bank has asked all scheduled banks to bring down their overexposure to a single borrower limit, which is 25% of the bank’s capital, by December 31 this year. The banks that have provided funded loans to their single clients, exceeding the ceiling,
Read More25.0% cap on banks’ funded facilities The central bank has issued a clarification stating that every commercial bank will have to bring down funded facilities to any single borrower to the limit of 25% of total capital by December 31, 2016. The Bangladesh Bank (BB) issued the clarification Wednesday and
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