SME loan disbursement surges by nearly 20pc in six months Credit disbursement to small and medium enterprises (SMEs) has increased by 19.86 per cent in the first six months of 2017, compared to the corresponding period in the last year, according to the Bangladesh Bank (BB) data. “The growth of

Finance Minister seeks report on S Alam Finance minister has sought for a report on S Alam Group in wake of the takeover of Social Islami Bank Limited by the Chittagong-based group through, as he described, nasty steps to capture banks. The Finance Minister issued the directive on financial institutions

DBBL to operate as MRT Rapid Pass clearing house Dutch Bangla Bank Limited (DBBL) is set to work as a clearing house bank for operating uniform ticketing system of public transports in the city. It is scheduled to sign an agreement in this regard with Dhaka Transport Coordination Authority (DTCA)

Remittance rises slightly in April Remittance flow to Bangladesh grew marginally in April from a month earlier as low oil prices, weak global economic growth and fiscal tightening in the Middle East continue to hurt the key source of foreign exchange. Some USD 1.1 billion flew in as remittance, up

Banks break barriers, begin long-term project funding Country’s banks, at long last, have started making available funds to long-term projects. The same was hardly available in local financial sector earlier, sources said and billed it as a breakthrough. Big borrowers used to look beyond the border for such long-term funding