Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
These three companies exporting frozen fish are old customers of Shams Building Corporate Branch of Rupali Banks. Among them, Priyam Fish Export Limited also won the National Fisheries Award. As a result, the bank has confidence in these customers. According to sources, since these three companies were exporting firms, Rupali Bank maintained a liberal policy […]
Bangladesh Bank (BB) is taking action against 10 banks for selling dollars to importers at a price higher than the declared value. Under this, the Central Bank has started the process of imposing fine on the heads of treasury departments of these banks. In letters sent to these banks on Monday, Bibi said that there […]
He said that many traders have to open letters of credit (LC) to buy dollars at a price higher than the fixed rate, which affects the import of goods. Mehboob said, the BB Governor has been requested not to increase the interest rate of bank loans by a large margin as businesses are already facing […]
Rupali Bank data shows that as of June, Chattogram-based Noorjahan Group, which is involved in commodities business, topped the list of loan defaulters as four companies of the group owed the bank Tk 6.29 billion. Second-placed Benatex Industries owes Tk 3.67 billion to Rupali Bank, AA Knit Spin Ltd (Tk 2.82 billion), Virgo Media (Channel […]
According to central bank records, remittances worth Tk 13.09 billion (Tk 1,309 crore) came into the country in the first seven months of this year. This is slightly more than the remittances that came into the country in the first seven months of last year. In the same period last year, remittances worth Tk 12.89 […]
Russia launched its attack on Ukraine on 24 February 2022. Just as the impact of Covid-19 was subsiding and the economy was gaining momentum, Russia attacked Ukraine. This led to a global economic crisis and most countries took all kinds of measures, including cutting monetary transactions. But Bangladesh took the opposite route. Most of the […]
February 4, 2016 presented the much-anticipated opportunity. As dusk fell, the concerned BB officer closed the SWIFT terminal. Three hours later, the hackers entered the terminal and sent a total of 35 requests to the Federal Reserve Bank in New York to release a total of US$951 million. This was unusual, as Bangladesh usually requests […]
According to a Bangladesh Bank report, banks in all South Asian countries have seen their CARs rise over the past few years, except last year when CARs declined in India, Pakistan and Sri Lanka. Although Bangladesh banks maintained an increase in CAR last year, it was the lowest overall among South Asian countries. In 2022, […]
After Russia launched an invasion of Ukraine in February 2022, the US and other Western countries removed Russia from the global transaction system SWIFT. All kinds of sanctions were also imposed on Russia. This made it difficult for Bangladesh to repay the Rooppur loan. ERD sources say that under the new conditions, Russia wants the […]
BGD e-Governance CIRT project director Mohd Saiful Alam Khan told Prothom Alo on Sunday that the warning has been issued so that the concerned people can take security in their respective areas and take necessary steps. Since the warning, 12 organizations have asked him what they should and can do about cyber security. According to […]
According to the latest Bangladesh Bank (BB) report, despite implementing measures to tighten imports, Bangladesh faced a net foreign exchange deficit of $8.22 billion in FY2022-23, compared to $6.65 billion in FY22. It was billion dollars. This information came out from the balance of payments of foreign exchange transactions released on Thursday. The report revealed […]
Governments in West Africa have laws requiring environmental impact studies before approving large development projects. But no one requires developers and local officials to consider the risk of spillover, let alone change their plans considering the potential for deadly outbreaks. A growing number of advisors are urging governments to take outbreak risk into account. The […]
The country’s foreign exchange reserves declined from $30.98 billion to $29.8 billion on Monday after paying $1.18 billion to the ACU. The country’s reserves swelled during the time of the COVID-19 pandemic as migrant workers started remitting their income through legal channels. As a result, the reserves reached a record $48 billion in August 2021. […]
However, the organization also pointed to some challenges. These are: persistent inflationary pressures, increased volatility of global financial conditions, and aggravation of recession in major trading partners. The visit of the IMF team, led by Rahul Anand, the head of the organisation’s Asia and Pacific region, began on 26 April. Over 12 days, the team […]
