Janata Bank’s 57pc bad loans taken by 7 firms

Seven large borrowers, including AnonTex, Crescent, Ratanpur, and S Alam groups, account for 57 percent of the total default loans at Janata Bank, highlighting the risks lenders face if a handful of firms eat up most of the credit.
30 May 2024, 18:00 PM

Loans, deposits rise in Islamic banks despite severe liquidity crisis

Islamic banks' outstanding loans rise by 1.43%, deposits 1.27% in February than January
29 May 2024, 14:43 PM

Nagad Digital Bank all set to get licence

Kori Digital Bank gets six more months to meet BB criteria
28 May 2024, 15:08 PM

BB upgrading software to expedite treasury bond transfers

Software upgradation kept transfer of treasury bonds suspended since May 26
28 May 2024, 13:45 PM

Amazon wants to get central bonded warehouse facility in Bangladesh

A delegation of the US-Bangladesh Business Council meets State Minister for Commerce Ahasanul Islam Titu
28 May 2024, 12:25 PM

BSEC freezes BO accounts of Benazir, his family members

The Anti-Corruption Commission has recently requested the BSEC to freeze the BO accounts
28 May 2024, 09:48 AM

Bangladesh okays Tk 8,483 crore WB project for Rohingyas

The WB-funded cluster project will also serve the host communities
28 May 2024, 08:45 AM

US businesses want continuation of tax policy in Bangladesh: Salman F Rahman

A delegation of US-Bangladesh Business Council meets the prime minister’s adviser on private industry and investment
27 May 2024, 16:07 PM

Bangladesh Bank officials demand restoration of job benefits

The Bangladesh Bank Officers’ Welfare Council will place their demand to the BB governor
26 May 2024, 16:13 PM

Payment for foreign loans surges 44% in Jul-Apr

The principal amount plus interest payments for foreign debt rose to $2.81 billion this year, up from previous year’s $1.95 billion
26 May 2024, 14:41 PM

‘Bangladesh hardly utilising Asian regional trade potential’

Finds a study conducted by former Bangladesh Bank governor Atiur Rahman
26 May 2024, 13:23 PM

Tk 13 crore goods sold at SME fair

Entrepreneurs bagged orders worth Tk 20 crore
25 May 2024, 14:35 PM

Feni has potential to be an industrial hub: analysts

The ERD, Feni administration organised a workshop on sustainable LDC graduation
25 May 2024, 14:02 PM

Cut spending to save money: Wahiduddin Mahmud

Implementing development project with borrowed money not a good idea, he said at a debate contest of the Debate for Democracy
25 May 2024, 12:22 PM

Google to invest $350 million in India's Flipkart

The tech giant will join in as an investor in the latest funding round for the Bengaluru-based company
25 May 2024, 11:42 AM

Forex reserves rise by $180 million in a week

Reserves hit $18.61 billion on May 21, up from $18.43 billion on May 15
23 May 2024, 12:24 PM

Visa's digital payments rise 25% during Ramadan 2024

70% of the digital payments came through ecommerce
22 May 2024, 11:57 AM

Tk 258 crore street lighting project okayed

Ecnec approved the project titled “Modernisation of City Street Light System under Chattogram City Corporation”
21 May 2024, 14:38 PM

Administrator appointed for Swadesh Islami Life Insurance

Sk Md Rezaul Islam, former additional secretary, will be the new administrator with immediate effect
21 May 2024, 11:47 AM

Lending through agent banking rises 41%

Agents disbursed Tk 16,482.5 crore loans as of March this year, up from Tk 11,667 crore in March last year
20 May 2024, 18:05 PM