The government is set to raise Tk 80 billion through sukuk or Islamic bonds this December and they will mature in five years, said officials at the financial institutions division.
For the first time in the country's history, the government is going to borrow...
Policy makers of the most developing countries have been very active in promoting some forms of sustainable banking activities. Likewise, policy makers and banks in Bangladesh have been pursuing sustainable banking activities and development agendas. In spite of some remarkable achievements, the banking industry is in a...
করোনা মহামারি শুরুর পর থেকে বিশ্বের দরিদ্রতম দেশগুলোর ঋণের পরিমাণ হয়ে পড়েছে আকাশচুম্বী এবং এ বিষয়ে আন্তর্জাতিক মুদ্রা তহবিল (আইএমএফ) ক্রমাগতই সতর্কঘণ্টা বাজিয়ে যাচ্ছে। কিন্তু প্রখ্যাত বৈশ্বিক অর্থনীতি বিশ্লেষক নিক ডিয়ারডেন বলছেন, ঋণ স্বস্তি ও ভোগান্তি লাঘবে খুব কমই ভূমিকা রাখবে। পরিস্থিতি স্বাভাবিক করতে পৃথিবীর ঋণ বিতরণ...
Bangladesh's youth needs to be turned into skilled workers to cope with the changes brought on by the ongoing coronavirus pandemic, according to experts. Nearly 20 per cent of the country's population is aged between 16 and 24. The Covid-19 has changed both the global economic and...
The government has alerted banks about the threat of a cyberattack, instructing them to put in place precautionary measures to prevent hackers from stealing money. The financial institutions division of the finance ministry had sent a letter to banks on Thursday asking them to take necessary measures,...
The Bangladesh Securities and Exchange Commission on Wednesday approved NRB Commercial Bank Limited’s proposal to raise Tk 120 crore from the capital market through an initial public offering. NRBC Bank is the first bank to be listed on the country’s stock market after First Security Islami Bank which...
The central bank has asked scheduled banks to facilitate repatriation of funds, without creating any obstacle, out of balances held in the foreign currency accounts, officials said. “….you are advised to instruct all your authorised dealer (AD) banks to facilitate repatriation of fund, without creating any obstacle,...
Bangladesh posted a current account surplus of $3.53 billion in the first three months (July-September) of 2020-21 Fiscal Year, amid the onslaught of the Covid-19 pandemic. The Bangladesh Bank made the disclosure in its latest weekly report on Thursday. In the same period during the last fiscal...
The central bank on Sunday said the new 'risk weight' applicable to investing in 'alternative' investments will remain valid until September, 2022 beginning from the third quarter of this year. An alternative investment is an investment in any asset class, excluding stocks, bonds and cash. Industry insiders...
Foreign-owned companies will also be eligible for receiving low cost loans from different stimulus packages, the Bangladesh Bank said in a circular issued on Thursday. To avail the loans, the foreign companies have to follow the same procedures followed by the local businesses. Considering the situation of...