Banks see returns on assets go sagging

Dhaka, Jan. 21 -- Banks in Bangladesh see returns on their assets go sagging largely for trade contraction and lending-interest cap among other dampers, putting them in an uncomfortable situation, lea... Read More

Banks bet for deposit boost to replenish liquidity

Dhaka, Jan. 17 -- Commercial banks have started pursuing their fresh deposit-alluring strategy as the newly monetary policy is changing the equations in the country's banking system for uncapping inte... Read More

External debt falls in Q1

Dhaka, Jan. 3 -- Following an upward trend, Bangladesh's external debt declined to some extent in the first quarter (Q1) of the current fiscal year (FY 2022-23) thanks to lower public borrowings due t... Read More

Bounteous funds flow into agriculture

Dhaka, Dec. 16 -- Agriculture is having a heyday with bounteous fund inflow as formal farm credits during July-October period grew nearly 27 per cent year on year, as food security remains a prime con... Read More

Panic withdrawal, savings squeeze reduce banking liquidity

Dhaka, Dec. 15 -- Liquidity situation of banks continues to be under stress as total liquid assets in Bangladesh's banking system declined 5.92 per cent in October compared to June 2022 position. Acc... Read More

Forex reserves recede further

Dhaka, Dec. 1 -- Bangladesh's foreign-exchange reserves dropped below the official US$34-billion mark despite belt-tightening measures to stall the fall to navigate internal and external headwinds on ... Read More

Private sector credit growth rate falling, yet stays above policy target

Dhaka, Nov. 30 -- Private-sector credit growth fell for the second consecutive month in October amid the central bank's measures to contain inflation and face foreign-currency shortage on the local mo... Read More

Bank lending rate being uncapped

Dhaka, Nov. 26 -- Borrowers should brace for costlier funds as lending-rate caps are being phased out to give a much-coveted profitability raise to bankers who lament inflationary pressure on their ea... Read More

SIBL aims to join leading Islami banks in next two years

Dhaka, Nov. 22 -- Social Islami Bank Limited (SIBL) aspires to become one of the three leading Islami banks in the country by the next couple of years, with a greater focus on technological developmen... Read More

BB plans to up dollar exchange rate

Dhaka, Nov. 19 -- Buying US dollar from the Bangladesh Bank (BB) is set to be costlier, as the central bank is planning to raise its exchange rate further to cross Tk 100 each by the end of this calen... Read More