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Backlog of export receivables upsets BoP

Dhaka, May 13 -- Bangladesh barely gains from growing current-account surpluses in the balance of payments (BoP) as bloating deficit in trade credits in financial account erodes the positive outcomes ... Read More


Banks bag windfall from record interest spread

Dhaka, May 5 -- Interest calculating in SMART formula comes as a boon for banking as banks bag windfalls from a record spread between the rates they provide to depositors and take from borrowers. Off... Read More


Banks see slow rebound from liquidity shortages

Dhaka, April 25 -- Cash-strapped banks seem to be slowly bouncing back from liquidity crunch on cash feeding by the central bank that has handed out a record amount to the bankers. The improvement is... Read More


Banks cut rural credit

Dhaka, April 21 -- Commercial banks' spotlight on burgeoning rural Bangladesh keeps fading with disbursement of formal credits and the number of branches in the least-developed areas constantly shrink... Read More


Savings deposits sink for slim returns

Dhaka, April 19 -- Disillusioned saving depositors begin diverting their funds into higher-paying term deposits to make up for waning interest income amid higher inflation, sources say. The switch co... Read More


Now City Bank PLC agreeing merger with weakling BASIC

Dhaka, April 8 -- Ongoing mergers and acquisitions in Bangladesh's banking sector gets in high gear now that City Bank decides on coupling with the weakened state-run BASIC, officials said. The list ... Read More


Money outside banks balloons to Tk 2.58t despite rate rise

Dhaka, April 5 -- Money outside banks balloons to Tk 2.58 trillion despite a sharp rise in deposit rates as the bets cannot stem mattress-money accumulation, compelling liquidity-hungry bankers to bor... Read More


Liquidity hunger heats up money market

Dhaka, April 2 -- Money market gathers heat as the demand for cash in the liquidity-scant banking sector surges ahead of Eid festival, officials and bankers said. To meet the growing demand for credi... Read More


Dollar feeding into banks rises inexplicably

Dhaka, March 24 -- Dollar feeding by the central bank to stabilise the market of foreign currencies continues even as forex holding of the commercial banks marks a significant increase in recent times... Read More


External debt surges past $100b amid rising public borrowing

Dhaka, March 21 -- Bangladesh's total external debt surpassed the $100 billion mark in December 2023 -- a rise of over 4.0 per cent, as this increase is primarily driven by a growing appetite for fore... Read More