Clients are not allowed to enjoy new funds from the scheme if they have overdue export bills

The private commercial bank posted a profit of Tk 555.90 crore in 2021.

The bank’s profit rises 6.5 per cent year-on-year

The bank reported consolidated earnings per share of Tk 2.57 for the last financial year compared to Tk 1.49 in 2021.

Banks in Bangladesh are raising the interest rate on deposits to pull funds with a view to tackling the liquidity shortage and meeting a higher demand for loans. 

Banks remained open on a limited scale in the industrial areas, including Dhaka city, today to facilitate the payments of salaries, wages and festival allowances to garment workers ahead of Eid-ul-Fitr.

United Commercial Bank (UCB) recently signed an agreement with Syngenta Bangladesh Limited and UCB Fintech Company Limited (Upay) for the former to provide agricultural loans to registered farmers at a low interest rate.

Nurun Nahar has recently been appointed as deputy governor of Bangladesh Bank for a three-year term. 

The Bangladesh Bank yesterday asked banks to remain open, albeit on a limited scale, in the industrial areas, including Dhaka city, during the public holidays on April 19-21.

She will be second female deputy governor of the banking watchdog

The multinational paint maker may use the money to fund LCs

DBH got the approval from the central bank on April 11

Brac Bank Ltd clocked a Tk 601.63 crore profit in the last financial year of 2022, up 10.14 per cent year-on-year.

The City Bank Ltd made a profit of Tk 477.84 crore in the last financial year of 2022, down 13.10 per cent year-on-year.

People spent Tk 2,312 crore in February, down by 8% from January’s Tk 2,506 crore

According to the Gender Equality Report of Banks and Financial Institutions

To meet import payment obligations, banks would be able to transfer funds from their OBUs to their domestic business or onshore units

DCCI President Md Sameer Sattar made the pleas to the central bank today

Established in 1989, the EDF facilitates access to financing in foreign exchange for input procurements by manufacturer-exporters.

FXPAY is a 360-degree commercial remittance system