Pvt sector credit growth rises to 16.21pc in Aug The private sector credit growth in the country increased to 16.21 per cent in August year-on-year compared with that of 15.97 per cent in July as banks are now disbursing significant amount of consumer and farm loans to sustain their profitability.

Standard Chartered Bank arranges BDT 650.0 million bond for ACI Godrej Standard Chartered Bank has arranged BDT 650.0 million Zero Coupon Bond for ACI Godrej Agrovet Private Limited, a joint venture company formed by ACI Limited of Bangladesh and Godrej Agrovet Limited of India. This is the fourth Zero Coupon

Private credit growth highest in four years Banks’ lending to private borrowers grew a robust 16.56 percent last fiscal year, according to central bank data released yesterday. The growth rate was the highest in four years and well above the target of 14.8 percent set in the monetary policy, thanks

Banks’ capital rises Banks’ overall capital rose 1.6 percent in the April-June quarter but the capital base of state banks shrank further though they were provided with funds from the state coffer. On June 30, the total capital in the banking system was Tk 76,884 crore, up from Tk 75,612

Operating profits of PCBs show upturn Operating profit of the country’s private commercial banks (PCBs) showed an upturn in the first six months of the current calendar year. Of the 39 PCBs, 13 marked an upward trend in operating profits while only one witnessed a downturn, according to provisional data