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Women's NBFI accounts, deposits plunge in Jan-Mar quarter

Dhaka, July 13 -- Both the number of deposit accounts owned by women and the amount of money they kept in those accounts with non-bank financial institutions fell in the January-March quarter of this ... Read More


E-commerce spending with cards falls in April

Dhaka, July 6 -- Consumers spent 7.45 per cent less on e-commerce purchases using cards in April compared to March, according to Bangladesh Bank data, as entrepreneurs blame the persistent dollar cris... Read More


May farm credit disbursement falls 7.13pc

Dhaka, July 6 -- The disbursement of agricultural loans dropped by nearly 7.13 per cent in May 2024 from that of April, reveals data available with the Bangladesh Bank (BB). However, credit disbursem... Read More


CSR spending by Islamic banks falls 34pc in Q1

Dhaka, June 28 -- Amid the ongoing economic turbulence and constrained money flow, Islamic banks further slashed their spending on corporate social responsibility (CSR) activities in the first quarter... Read More


Jan-Mar deposits surge 32pc YoY

Dhaka, June 22 -- The deposits in No-Frills Accounts (NFAs) surged to over Tk 47.91 billion in January-March period of this year, marking a 4.94 per cent increase from that in the previous quarter and... Read More


Govt creates renewable energy fund of Tk 1 billion

Dhaka, June 6 -- The government has created a Tk 1.0 billion renewable energy fund for the first time in the proposed national budget FY 2024-25, which is a time-befitting step in the right direction ... Read More


Import payments fall with domino effect on economy

Dhaka, May 24 -- Bangladesh's import payments have plummeted amid tight-fisted spending from scarce foreign- exchange reserves, with a notable fall in capital machinery-and raw-material imports by ind... Read More


Savings tool sales plunge over 200pc as encashments soar

Dhaka, May 17 -- Net sales of savings instruments have plunged by over Tk 125.45 billion year on year in the first nine months (July-March) of the current fiscal year, representing a more than 200-per... Read More


Web banking booms in Bangladesh

Dhaka, May 12 -- Internet banking has boomed in recent times with more people opting to do financial transactions through digital platforms, thanks to user-friendly banking apps, nominal fees and grow... Read More