After late fee waiver, Bangladesh Bank has ordered all banks not to charge interest on credit card bills payable from Mar 15 to May 31 as the COVID-19 crisis drags on with a surge in number of cases. The banks will need to refund or adjust the...
Slow delivery of goods has created space shortage at the Chattogram port and a long queue of vessels at the outer anchorage in the last few days. At noon yesterday, about 20 container vessels were found waiting at the outer anchorage. The Chattogram Port Authority (CPA) has...
Banks will face trouble in implementing the government's Tk 72,500 crore bailout package due to their ongoing liquidity crunch that has been compounded by the coronavirus pandemic. Of the total amount of the rescue packages, banks will provide Tk 30,000 crore in loans from their own resources...
The Bangladesh Bank has asked the banks not to impose any late fees, interests and penalties for the delay in credit card bill payment till May 31 amid the coronavirus outbreak in the country. The central bank in a circular said that the banks had been directed...
The central bank has resumed sale of the US dollar (US$) to banks directly for offsetting extra pressure on the market, caused by lower remittance inflow following the ongoing coronavirus outbreak. As part of the move, the Bangladesh Bank (BB) sold US$40 million to three commercial banks...
The central bank yesterday introduced a set of policy measures to keep financial activities stable as part of its efforts to tackle the crisis stemming from the coronavirus outbreak in the country. The Bangladesh Bank asked banks not to consider businesspeople as defaulters if they fail to...
A good number of banks in the US, Canada and many other countries around the world have temporarily shut their branches or scaled back their retail operations as part of their efforts to flatten the curve on coronavirus. Not just that, central banks around the world are...
Top merchant bankers have urged the central bank to take effective measures to implement its policy regarding the creation of special funds for revival of the ailing capital market. At a meeting with the Bangladesh Bank (BB) on Sunday, they called for effective steps so that the...
The central bank is set to create a €200 million fund to provide low-cost loans to environment-friendly industrial plants. This is the first time the Bangladesh Bank has set up a euro fund. Previously, it formed three US dollar funds for the businesses. The BB board took...
দেশের পুঁজিবাজার চাঙ্গা করতে প্রায় ১২ হাজার
কোটি টাকার বিশেষ তহবিল গঠনের নীতিমালা দিয়েছে কেন্দ্রীয় ব্যাংক। যদিও প্রজ্ঞাপন
জারির এক মাস পেরিয়ে গেলেও তহবিল গঠনে এগিয়ে আসছে না ব্যাংকগুলো। ৬০টি তফসিলি
ব্যাংকের মধ্যে এখন পর্যন্ত নিজস্ব অর্থে তহবিল গঠন করেছে রাষ্ট্রায়ত্ত দুটি
ব্যাংক। এর বাইরে একটি বেসরকারি ব্যাংক বিনিয়োগের জন্য ৫০...