Export of agro-products rises 53pc in 9 months The export of agricultural products increased substantially so far in the current fiscal year (FY 2018-19), amid a great leap in shipments of processed food items. According to the latest data of the Export Promotion Bureau (RPB), in the first nine months,

Lending disrupted for a week for BB server crash Banks’ lending activities ground to a halt for a week until last evening due to the abrupt collapse of the central bank’s Credit Information Bureau server on March 6. The CIB report, which informs on the clients’ credit status, must be

Govt to put caps on cash transactions to curb illegal money flow The government may tighten restrictions on cash transactions in banks in an effort to curb terror financing and money laundering in Bangladesh. According to sources, a report prepared by the central bank to this end is going to

BB’s refinancing fund for jute gets huge response The refinancing scheme of Bangladesh Bank for jute sector has drawn a huge response from borrowers as banks have already disbursed Tk 343.22 crore revolving loan since its launch in June 2014. BB launched the refinancing scheme with a fund of Tk

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 5.01% (Oct 03’19) 5.06% (Sep 25’19) 0.05% Call Money Lending (Crore BDT) 7,673.31 (Oct 03’19) 5,255.79 (Sep 18’19) 45.99% Prices Weighted Average Deposit Rate 5.60% (Aug ’19) 5.56% (July ’19) 0.04% Weighted Average Lending Rate 9.60% (Aug ’19)