Banks’ capital rises Banks’ overall capital rose 1.6 percent in the April-June quarter but the capital base of state banks shrank further though they were provided with funds from the state coffer. On June 30, the total capital in the banking system was Tk 76,884 crore, up from Tk 75,612

Pvt sector credit growth rises to 16.21pc in Aug The private sector credit growth in the country increased to 16.21 per cent in August year-on-year compared with that of 15.97 per cent in July as banks are now disbursing significant amount of consumer and farm loans to sustain their profitability.

First Finance feels the pinch for corrupt directors The country’s non-bank financial institutions bear the brunt of financial irregularities including embezzlement in which FIs directors and high-ups are involved, the central bank investigative team has found. The names of corrupt big fish in financial institutions (FIs) surface at a time

Rates of interest on T-bills, bonds on the decline Rates of interest on the government treasury bills and bonds decreased significantly in recent months as most of the scheduled banks rushed to invest their excess liquidity in the government tools amid a slow credit demand from the industrial sector due

Standard Chartered Bank arranges BDT 650.0 million bond for ACI Godrej Standard Chartered Bank has arranged BDT 650.0 million Zero Coupon Bond for ACI Godrej Agrovet Private Limited, a joint venture company formed by ACI Limited of Bangladesh and Godrej Agrovet Limited of India. This is the fourth Zero Coupon