148 news articles tagged with "Banking Sector Reform"
Soybean oil supplies remain tight in Dhaka despite price increases, with small grocers unable to obtain stock. Flour prices also rose, pushing bakery item prices up.
Bangladesh Bank has introduced RTGS payment facility for Chittagong Port service charges from September 15, waiving the minimum transaction threshold to streamline port payment workflows.
Pubali Bank is set to double its authorised capital to Tk 40 billion, creating room to raise paid-up capital to meet Bangladesh Bank's revised dividend policy requiring Tk 20 billion minimum.
PT Pertamina has won the operation and management contract for Bangladesh's first single-point mooring (SPM), ending a two-year delay that cost BPC extra funds on lighter vessel operations.
Bangladesh Bank has ordered Commerce Bank to take action against 13 officials for irregular withdrawal of Tk 4 crore from the bank's funds in the name of deposit mobilisation incentives.
The Bangladesh China Chamber of Commerce and Industry has called on the government to allow a Chinese bank branch in Bangladesh and establish 20 display centres in China to boost exports.
Trust Bank PLC has signed an agreement with Bangladesh Bank to participate in the Tk 3,000 crore export diversification refinance scheme, channelling concessional credit to non-RMG exporters.
Norway has expressed interest in investing in Bangladesh's renewable energy sector, including offshore exploration and green technology, deepening bilateral commercial ties.
Bangladesh's Commerce Ministry is weighing hilsa export to India ahead of Durga Puja, with 18 firms seeking permission and Indian importers pushing for clearance by mid-September.
Bangladesh's banking sector is flush with Tk 4 lakh crore in excess liquidity as the central bank cuts rates to spur lending, but structural bottlenecks and weak private demand leave cheap money with no takers.
With debt-to-GDP ratio at 41 per cent in FY25 and domestic debt servicing consuming nearly half of revenue, Bangladesh faces a debt conundrum that demands revenue mobilisation and expenditure rationalisation.
Bangladesh government moves to inject $81.68 million into Janata Bank's UAE operations to avert a forced wind-down by the Central Bank of the UAE, protecting 70,000 depositors and Tk 100 billion in annual remittances.