$

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

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Rate last updated: 02/01/2014 11:15:04 AM

Important Business News Extracts August 29 2016

Offshore loans on the rise Foreign loans rose 14.3% through the banks’ offshore banking in the last quarter of fiscal 2015-16 thanks to low interest rates. The total outstanding foreign loans of offshore banking stood at BDT 380.9 billion in the April-June period, according to Bangladesh Bank statistics. In the

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Important Business News Extracts August 28 2016

Banks’ NPLs likely to swell further in next quarters The volume of non-performing loans (NPLs) in the country’s banking sector might even grow bigger at the end of the current quarter (July-September), some senior bankers have expressed the fear. The bankers have a feeling that some borrowers would default on

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Important Business News Extracts August 24 2016

Loan defaults keep swelling Banks’ loan defaults continue to soar in 2016, rising 6.65% in the second quarter to BDT 633.7 billion. At the end of the first quarter, the total defaults stood at BDT 594.1 billion, according to central bank statistics. Defaults at the end of June were 10.1%

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Important Business News Extracts August 23 2016

Political turmoil still blamed for rescheduling of bank loans Many business organisations have been pressing the central bank for rescheduling their default loans saying that their business still suffers from the spillover effects of political unrest in 2013 and 2014. Though the loan defaulters had earlier enjoyed a relaxed loan

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Important Business News Extracts August 22 2016

Banks in tight race as rates slide Lenders are locked in a stiff competition to bag clients with good track record, according to industry players. If a lender offers a borrower a loan at 9% interest rate, another bids to hook the client at 8.5%. Even then, the second lender

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