Dhaka, July 5 -- The BBN (Bangladesh Business News) has prepared the morning business round up compiling reports, published by different newspapers and news portals in Bangladesh.
Banks slow in lending from stimulus packages
Slow loan distribution by banks from the government stimulus packages to cushion the impact of the coronavirus on the economy, has left the Bangladesh Bank frustrated, prompting it to issue an order to disburse all the funds by the end of next month. After the Covid-19 pandemic unfolded in Bangladesh, the government announced 19 stimulus packages totaling up to Tk103,117 crore, equivalent to almost 3.5% of the country's gross domestic product (GDP).
Banks in Bangladesh have the lowest capital base in South Asia
The ...