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Private credit growth slips to 7.15pc in Jan

Dhaka, March 10 -- Private-sector credit growth declined further in January, mainly due to lower loan demand driven by ongoing political uncertainty and higher lending rates, bankers said. The growth... Read More


BB aims to raise Tk 30b to finance rural dev project

Dhaka, Feb. 27 -- The auction for the fifth Sukuk bonds will be held at the central bank on March 12, aiming to raise Tk 30 billion for financing smooth implementation of a rural development project. ... Read More


Govt cuts target of borrowing from banks

Dhaka, Feb. 12 -- The government has slashed its bank borrowing target by 28 per cent, or Tk 385 billion, for this fiscal year, due to lower expenditures and slower implementation of the Annual Develo... Read More


Citibank to pioneer innovative solutions in Bangladesh: Mayank Gupta

Dhaka, Feb. 12 -- Citibank, N.A. in Bangladesh is committed to play a pioneering role in introducing world-class innovative products and services for facilitating business activities in Bangladesh, a ... Read More


Higher interest, sluggish business dampen fund demand

Dhaka, Feb. 6 -- Credit flow to private sector ebbs further as higher lending rates and ongoing business uncertainty dampens demand for funds, according to bankers. The growth in credit flow to priva... Read More


Half-yearly imports go up by 2.65pc

Dhaka, Jan. 30 -- Bangladesh's overall imports increased slightly in the first half (H1) of the current fiscal year ahead of the upcoming Ramadan, with officials saying the removal of letter of credit... Read More