Govt’s FY17 bank borrowing logs negative Tk 18,029cr The government’s net bank borrowing registered negative Tk 18,029.10 in the just-concluded fiscal year 2016-17 due to massive investment on national savings certificates, Bangladesh Bank officials said. But the government made a huge amount of borrowing worth Tk 16,900 crore from the

Capital shortfall of state banks alarming Eight state banks had a capital shortfall of Tk 12,683 crore at the end of June even though they got a handsome amount of fund from the government exchequer. In other words, the banks are a long way off from maintaining capital as per

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 4.55% (May 29’19) 4.53% (May 22’19) 0.02% Call Money Lending (Crore BDT) 6,954.31 (May 29’19) 4,534.35 (May 22’19) 53.36% Prices Weighted Average Deposit Rate 5.42% (May 30’19) 5.30% (May 23’19) 0.00% Weighted Average Lending Rate 9.46% (May 30’19)

N Korea behind BB reserve heist A top official of the US National Security Agency suggested on Tuesday that North Korean computer hackers were behind the $81m heist targeting Bangladesh Bank’s account at the New York Federal Reserve last year. According to a Foreign Policy magazine report, National Security Agency’s

35 individuals, orgs get BB remittance award Thirty-five individuals and organisations, including five commercial banks, have been awarded the ‘Bangladesh Bank Remittance Award-2016’. They have got the award for sending home the highest amount of remittance, investing bonds and playing a vital role to receive the remittance. State Minister for