BRAC Bank will host the 14th annual meeting of the Global Alliance for Banking on Values, a network of the most environmentally progressive and socially inclusive banks in the world.

Non-performing loans (NPLs) in the country’s banking sector increased 16.38 per cent year-on-year to Tk 103,274 crore in 2021 despite a relaxed loan classification policy taken by the Bangladesh Bank.

Remittances declined 16 per cent year-on-year to $1.49 billion in February, the lowest in the past 22 months, creating a further risk of widening the trade imbalance in the face of surging import bills.

The Bangladesh Bank today asked banks to draw up a recovery plan so that they can take a time-befitting move to resolve any downside risk emanating from default loans, liquidity crisis and some other factors.

The Islamic Development Bank (IsDB) is set to provide $56 million to Bangladesh for an inclusive sanitation and hygiene programme.

Bangladesh Bank yesterday gave a remedy to the defaulters of non-bank financial institutions (NBFIs), saying the borrowers could get a waiver of 50 per cent on their interest amount if they repay loans within a year.

From now on, no charges or fees can be imposed on customers before the activation of credit cards, Bangladesh Bank said in a notice yesterday.

Bangladesh Bank today gave a remedy to the defaulters of non-bank financial institutions (NBFIs), saying the borrowers could get a waiver of 50 per cent on their interest amount if they repay loans within a year.

Bangladesh Bank today fixed the instruments which will be considered as stock market investment for non-bank financial institutions.

From now on, no charges or fees can be imposed on the customers before the activation of the credit cards, Bangladesh Bank said in a notice today.

IFIC Bank is set to sell its entire holding of Nepal Bangladesh Bank Ltd (NBBL) to a Nepalese national for Tk 439 crore.

IFIC Bank is set to sell its entire holding of Nepal Bangladesh Bank to a Nepalese national at Tk 439 crore.

The Bangladesh Bank yesterday appointed Md Habibur Rahman as its new chief economist.

Heavy dependence on banks for long-term funding is weakening the financial health of local lenders, according to analysts.

Bangladesh Bank yesterday asked banks to appropriately provide relevant data of inland letters of credit (LCs) to the online import monitoring system (OIMS).

Bangladesh Bank yesterday ordered non-bank financial institutions (NBFIs) not to disburse loans using cheques of current accounts they have to maintain with the central bank.

The Bangladesh Bank today asked banks to submit the required data of inland letters of credit (LCs) to the online import monitoring system (OIMS) appropriately.

Bangladesh Securities and Exchange Commission (BSEC) ordered managing director of NRB Bank to take department action against its chief financial officer, Kamrul Hasan, and all officials of its investment banking unit for their involvement in illegal share business.

The Bangladesh Bank today instructed banks to continue running their operations with 50 per cent of employees until February 21 in order to tackle the third wave of the coronavirus pandemic.

Islami Bank Bangladesh Ltd (IBBL) has sent a rejoinder to a report headlined “6pc private bankers lose jobs during pandemic” published in The Daily Star on February 1.