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Pvt credits contract, indicate corporate slowdown

Dhaka, March 7 -- Private-sector credits remain on a slide -- official calculations showing a growth contraction to 9.95 per cent year on year in January -- which economists say could indicate slowdow... Read More


BD gross forex reserves cross $26b with greenback buys

Dhaka, March 6 -- Bangladesh's foreign-currency reserves show a robust rebound with the central bank having booked around US$1.0 billion from commercial banks in just seven days of deals under the cur... Read More


Remittance rebound fetches $2.16b in Feb

Dhaka, March 3 -- Remittance rebound fetched US$2.16 billion in February-the highest monthly receipt this fiscal-while Bangladesh strives to buttress its depleting forex reserves with foreign borrowin... Read More


SMART nears 10pc for current month

Dhaka, Feb. 29 -- Bank lending rate surges past 13 per cent with push from rising interest benchmark called SMART or six-month moving average rate of treasuries that jumped to 9.61 per cent for March ... Read More


Currency swap pays both ways

Dhaka, Feb. 22 -- Forex reserves show a rebound as the dollar-taka-swap mechanism proves a boon for both the Bangladesh Bank and cash-strapped commercial banks amid liquidity stress in the country's b... Read More


BB continues liquidity support to cash-strapped banks

Dhaka, Feb. 19 -- Liquidity feeding into credit-hungry banks marks a significant rise amid major liquidity crunch facing the industry, officials say, notwithstanding the central bank's contractionary ... Read More


Banks' non-performing loans soar to Tk 1.46t

Dhaka, Feb. 12 -- Classified loans in the banking sector showed an annual bulge by around 21 per cent to Tk 1.46 trillion in 2023, until a downturn towards the yearend under regulatory push. The perc... Read More


Banks find liquidity support thru AR as boon

Dhaka, Feb. 10 -- A new liquidity-feeding derivative called AR or assured repo comes from the recently-introduced special bonds as a godsend for the banks in persistent liquidity crunch, analysts and ... Read More


Feeding dollars into banks mounts pressure on forex reserves

Dhaka, Feb. 5 -- Forex-strapped banks' demand for US dollar heightens from the start of the calendar year as the central bank fed into them the highest-ever monthly dollop of $1.60 billion in January,... Read More


Remittance surges significantly yet reserves recede below $20b

Dhaka, Feb. 1 -- Remittance marks a significant rebound as Bangladesh received US$2.1 billion in January and total $12.9 billion in seven months of the current fiscal, but to no respite for the countr... Read More