Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
RAKUB is collecting deposits at high interest, but lending at the rate set by the government. Despite the bank's interest rate being up to 13.55 percent, the bank's interest rate for agricultural and rural loans is 12.55 percent. That means RAKUB earns less from interest. People concerned said a change in RAKUB's operating model was […]
In the meeting, the IMF wanted to know whether the Central Bank's inspection of the financial health of the banks is continuing or not. Clarification has also been sought as to whether the inspection reports are communicated to the customers or not. Besides, the IMF delegation suggested increasing the quality and number of inspections to […]
Although it has been said from various levels of the government that the banking sector is performing well, the reality tells a different story. Although the amount of defaulted loans is 1,450 billion taka, the amount of weak assets is about 3,500 billion taka. Furthermore, BB officials estimate that the size of anonymous loans is […]
No one takes responsibility for the failure in Bangladesh and the finance sector regulators are also no exception to this, but this failure has now brought a threat to the entire financial sector. The condition of many banks is now so bad that Bangladesh Bank has appointed its officials as supervisors and coordinators. There are […]
Bangladesh Bank spokesperson Mazbaul Haq said the two banks have signed an agreement for the merger. They will submit further applications. After their proposal is approved, Bangladesh Bank will review it. Then they will be approved for merger. When permission is granted to launch the new bank, Padma Bank will be dissolved. He said that […]
Considering the circumstances, CPD has advised to set three main objectives in preparing the next budget. First, to restore macroeconomic stability and protect disadvantaged populations; Secondly, to take initiative to increase revenue collection so that dependence on banks is reduced and it becomes possible to meet necessary expenditure from revenue income; And third, to prioritize […]
The Prompt Corrective Action (PCA) rules state that banks will be classified on the basis of five indices. They are – Bank Capital Adequacy Ratio, Tier-1 Capital Ratio, Common Equity Tier (CET1), Actual Defaulted Loans and Corporate Governance or Good Governance. Tier-1 capital ratio is shareholders' capital, which is the sum of the bank's capital […]
The preliminary examination (MCQ) for 2,775 vacancies in ten banks or financial institutions will be held on Friday, March 8, the notice said. The examination will be conducted on that day from 10:00 am to 11:00 am at different centers of the two municipal corporations of Dhaka. Candidates will have to participate in an hour […]
According to monthly data from Bangladesh Bank, customers withdrew about Tk 65 billion in December 2023, thus taking the cash outside banks to about Tk 2.55 trillion at the end of December. Bankers said cash transactions increased in December ahead of national elections in January. Apart from this, due to inflation people are also spending […]
Talking about Saifuzzaman Chaudhary’s assets abroad, the BFIU chief said, “ACC has already acted on those who have purchased land and flats abroad. Some cases have already been registered. “Collection of information about others is ongoing.” He also said that he does not always get information from foreign intelligence agencies. That is why the process […]
The Chairman of Grameen Bank claimed that he had evidence that Dr. Yunus had laundered money. Dr. Yunus took out billions of money to establish institutions like Rural Telecom, Rural Welfare and Rural Fund. Chairman of Grameen Bank said, this picture has come to light in the audit of the last seven months. He claimed […]
Under this deal, banks will get immediate money in exchange for surplus dollars. Then, upon returning the money after the specified time, commercial banks will receive the dollar equivalent amount from Bangladesh Bank. According to relevant sources, currently commercial banks exchange dollars and money with each other for their needs. Now the swap facility with […]
