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

Bangladesh's private-sector foreign borrowings on fall

Dhaka, March 11 -- Bangladesh's private-sector foreign borrowings seem squeezing, with short-term debt stock having dropped to US$11.25 billion until last January, prompting economists to predict furt... Read More

Bulging govt security market worsens banks' liquidity stress

Dhaka, March 8 -- Government securities market size has ballooned with its borrowing rising by Tk 375 billion in the first eight months of this fiscal. The development indicates the government's spen... Read More

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

• 1
• 2
• »