Govt takes Tk 27.47b Projects for easing land services The government has taken Projects worth Tk 27.47 billion (Tk 2,747 crore) aiming at easily reaching all land-related services adopting facilities of digitisation to the people’s doorsteps in a hassle-free manner. The Ministry of Land will implement the Projects for automation

Moody’s assigns Ba3 long-term ratings to EBL Eastern Bank Limited (EBL) has been assigned Ba3 long-term ratings by the world renowned credit ratings agency-Moody. EBL is the first Bangladeshi company to get the prestigious ratings from the Agency. The sovereign country rating of Bangladesh by Moody’s is also Ba3. Moody’s

Banks’ lending rate drops to 11.05% in January The lending rate in Bangladesh’s banking sector dropped to 11.05% in January this year from 12.32% one year ago, said Bangladesh Bank data released recently. The interest rate on deposit also fell to 6.21% from 7.26% during the same period. During the

Investors upbeat on large cap sectors The Dhaka bourse Wednesday continued its gaining streak for the third consecutive session riding on investors’ buying spree on the ‘lucrative’ large cap sectors. On the day the Dhaka Stock Exchange (DSE) opened with a very positive mood and gained almost 16 points within

Bangladesh Bank seeks info on banks’ investment in commercial papers The central bank has asked all commercial banks to provide information about their investment in commercial papers (CPs) and relevant other issues by October 30, to check if any risk is involved. “We’ve already sent a letter in this connection