BB to ask banks, NBFIs to pace up The central bank is set to ask the banks and non-banking financial institutions (NBFIs) for faster implementation of the stimulus packages particularly the one for the CMSMEs to speed up recovery of the pandemic-hit economy. The instruction will be given at an

IMF sets 33 conditions for next two loan instalments Bangladesh will have to comply with 33 new conditions by June next year in order to receive the next two instalments under the International Monetary Fund’s $4.7 billion loan programme. It came as the lender approved the third tranche of $1.15

GDP growth tops 6% in third quarter Bangladesh’s economy bounced back by posting significantly higher growth in the third quarter of fiscal year 2023-24 compared to the same quarter in the previous year, underlining good progress in the production of industrial goods and agricultural commodities. The country registered 6.12 percent

20.0% quota in IPOs for the affected small stock investors for one year more Finance Minister AMA Muhith has approved the stock market regulator’s proposal for extending the tenure by one more year to continue 20.0% quota in all IPOs for the affected small stock investors. The extension of 20.0%

Three banks adjust stock overexposure without selling shares Bangladesh Bank has already provided policy support to three banks — AB Bank, Pubali Bank and Mercantile Bank — to streamline their capital market exposure without selling shares, an official of the central bank said. The support came after the BB’s announcement