Banks opt for bonds to raise capital Banks are opting for bonds to raise their capital in line with Basel III requirements for their cost-effectiveness, instead of floating more shares on the stockmarket. In the past two years, 14 banks have issued subordinated bonds worth Tk 6,400 crore to strengthen

BB suspends agri loan recovery in haor areas Bangladesh Bank on Monday asked banks to suspend their farm loan recovery programmes in the flash floods-hit haor regions in Sunamganj, Sylhet, Moulvibazar, Netrokona, Kishoreganj and Brahmanbaria and the other parts of the country affected by the calamity. Recent flash floods damaged

Pvt sector credit growth increases further Private sector credit growth increased further in January due to higher short-term loans, availed particularly by the corporate entities, for settling their foreign currency liabilities with the banks. The growth in private sector credit flow rose to 15.61 per cent in January 2017 on

Banks fall short of 28 per cent (Tk 11.87 billion) provisioning in last year Overall shortfall in provision against both classified and unclassified loans in the country’s banking system swelled by nearly 28 per cent or Tk 11.87 billion in the last calendar year. Officials said the banks ran short

Country moves to import cash dollar The central bank of Bangladesh moves to import cash US dollar through a commercial bank to feed a growing demand for the greenback on the market. Officials said the disclosure was made at a meeting of bankers, held in the central bank headquarters in