Banks’ NPLs rise 15.0% in Q1 Country’s banking system gasps under an over 15.0% rise in their non-performing loans (NPLs) in the first quarter (Q1) of this year, belying the central bank surveillance. The volume of the dud loans rose to BDT 594.11 billion during the January-March period of this

EPS of eight companies rise marginally in Q2 The EPS (earnings per share) of eight listed companies rose marginally for October-December (Q2), 2018 compared to same period of the previous year. The EPS of Miracle Industries, S. S. Steel, Dhaka Electric Supply Company, Rangpur Foundry, Agricultural Marketing Company Limited (Pran),

Monetary Policy Statement (MPS) silent on NPL, capital flight Country’s apex trade body, FBCCI, said the just-announced monetary policy statement (MPS) is devoid of direction over major financial flaws like non-performing loans (NPLs) and capital flight. Some other staggering issues like undisclosed money and cuts in the rates of interest

Bangladesh Bank cap likely to affect mobile-based transactions The latest Bangladesh Bank (BB) restriction on mobile-based transaction (m-transaction) is likely to have a negative impact on the growth of mobile banking in the country, insiders said on Sunday. The latest move, apart from causing inconvenience to the general subscribers especially

Government to borrow from forex reserve for mega projects The government has decided to issue bonds as an instrument to borrow money from the country’s foreign exchange reserve for financing the mega projects, finance minister AMA Muhith said. Earlier, members of a committee, led by central bank deputy governor Shitangshu