The balance sheet of a bank has two sides: assets and liabilities. The assets are financed by two sources of funds: debt capital (liabilities) and equity capital (owners’ equity).

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) targets reducing carbon emission by 30 percent, using sustainable raw materials in 50 percent of the cases and bringing down the use of groundwater by 50 percent within 2030.

Bangladesh Bank has instructed non-bank financial institutions (NBFIs) to reduce the amount of non-performing loans (NPLs) they have to resolve the sector’s image crisis. 

Bangladesh and the World Bank yesterday signed a $300 million financing agreement to equip about 900,000 economically disengaged rural youths with skills and alternative education needed for employment and entrepreneurship.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday called for making the customs, bond and VAT related services simpler and faster to remain competitive in the global apparel market.

Extreme Exhibition & Event Solution Ltd, also known as E3 Solutions, and I-Station Ltd, an emerging company in events, exhibition and conference services, signed an agreement for merger recently.  

Bangladesh Bank yesterday fixed quotas for allocating sukuk bonds among Shariah-based banks, financial institutions, insurance companies and individual investors. 

Mercantile Bank Ltd has changed its name to Mercantile Bank PLC (public limited company), the central bank said in a circular yesterday. 

The mobile subscriber base in Bangladesh continues to grow as network operators in the country acquired a total of about 14 lakh customers in July, registering the biggest monthly jump in over a year.

NCC Bank Ltd recently signed a corporate agreement with AamarPay, a sister concern of web outsourcing company Soft Tech Innovation Ltd.

Bangladesh is expecting another $1 billion in budget support towards the end of the year in a financing arrangement led by the Asian Development Bank.

Shahjalal Islami Bank organised an awareness raising workshop on sustainable finance at the bank’s training academy in Dhaka on Saturday.

DBL Ceramics recently organised Business Conference-2023 with a theme of “Together at the Peak of Excellence” at the Palace Luxury Resort in Habiganj.

Dhaka Bank Ltd in collaboration with Mastercard has recently launched an “Aroni Mastercard Titanium Credit Card” under “Aroni”, its dedicated banking services for women. 

The Department of Public Health Engineering will develop the centre

The association also wants to reduce use of groundwater by 50% by that time

The company will buy a 50-bigha industrial land in Narayanganj

The change comes into effect today

Nearly half of non-bank financial institutions (NBFIs) saw a third of their loans turn into non-performing ones at the end of March 2023, which gives an indication of the tough times the sector was going through mainly due to massive irregularities in 8 to 10 companies. 

Although most non-bank financial institutions (NBFIs) in Bangladesh are struggling with a high rate of non-performing loans (NPLs), some of them are bucking the trend by maintaining a lower ratio.