Armada Spinning Mills Ltd, Kingsway Endeavors Ltd and Uniglobe Business Resources Ltd sold their 9.07% stakes in the bank

Under the ACU, Bangladesh clears import bills every two months and forex reserve usually falls after the payment.

The Investment Corporation of Bangladesh (ICB) has sanctioned a loan of Tk 20 crore in favour of Prime Bank Investment Limited (PBIL) from the “special fund for affected small investors of capital market” on a repayment basis.

It hits $31.15 billion today

Bangladesh Bank says in a notice

The Bangladesh Bank has invited applications from entrepreneurs interested in establishing digital banks and delivering financial products efficiently through branchless operation

The Bank Company (Amendment) Bill 2023 was passed in the parliament yesterday amid a huge outcry and a walkout by the main opposition party, Jatiya Party due to a last-minute contentious addition

As per the new measure, foreign investors who are remitting money from abroad will get the scope to retain forex in their foreign currency accounts at local banks for up to one year after registering their businesses here

Borrowers can repay 50% of demand loans payable for Apr-Jun

The areas are: Dhaka, Ashulia, Tongi, Gazipur, Savar, Bhaluka, Narayanganj, Chattogram

Bangladesh Bank today relaxed rules regarding financing availed by commercial importers to cater to cottage, micro, small and medium enterprises (SMEs)

The facility will support the borrowers struggling to pay back loans amid lingering crisis at home and abroad

The Secure Transactions of (Moveable Assets) Bill 2023 placed at the parliament

The card will help travellers make payments while in India

The Bangladesh Bank has decided to increase the policy rate

New applicants should have Tk 500 crore paid-up capital, up from existing Tk 400 crore

Interested investors should have a paid-up capital of Tk 125 crore

There must be a clear policy on overall human resource management approved by the board of directors

4,621 loan recipients to get the benefit, the finance minister said at the parliament

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