Exim Bank Ltd’s board has approved a proposal to issue a Tk 600 crore mudaraba subordinated bond.

Almost two-thirds of rural households and cottage, micro and small firms in a survey were found to be mostly dependent on microcredit to avoid hassles of availing conventional bank loans. 

Banks that are not investing funds to improve their digital banking platform will not be found in Bangladesh after 5-7 years, according to Selim RF Hussain, chairman of the Association of Bankers, Bangladesh (ABB).

The government should take specific steps through the upcoming national budget for 2022-23 to roll out a universal pension scheme, said an economist. 

It hit $29.97 billion on May 24

140 are top exporters, 40 are chamber, trade body leaders

However, turnover dropped 6%

Join Win (Bangladesh) Company Ltd will produce shoe accessories

ABB Chairman Selim RF Hussain says at ABB summit

Its profit fell to Tk 10.16 crore from Tk 17.33 crore in 2021

The unsecured loan is named Mudaraba Subordinated Bond (5th Issue)

It made a Tk 62.23 crore profit in the third quarter

The direction came through a Bangladesh Bank notice May 24

A strategic partnership of banks, fintech and mobile financial services (MFS) could boost Bangladesh’s banking sector by delivering better, cheaper and more inclusive services, according to the top executives of some lenders in the country.

Chattogram-based Asia Enterprise received a consignment of 59,580 kilogrammes (kg) of fresh ginger through the Cox’s Bazar’s Teknaf land port on May 12.  

In a world blinded by wealth and associated power and fame, ethics are often neglected.

The fiscal policy for the ongoing fiscal year has shied away from prioritising macroeconomic stability although several key indicators have come under serious stress owing to internal and external factors, said a noted economist.  

Says economist Zahid Hussain in an interview

Bangladesh secured the top position in garment shipments to the European Union during the January-March period, overtaking China in terms of quantity, as retailers in the trade bloc have started diversifying their sources to reduce overdependence.

Global Insurance Company Ltd made a Tk 6.61 crore profit in the financial year that ended on December 31, 2022.