BB asks four SoCBs to focus on SME lending According to the official, the Central Bank has asked the four State-owned Commercial Banks (SoCBs) to focus on SME (small and medium enterprise) lending, particularly in the manufacturing sector, along with large loans to minimise risks. The advice was given at

Dhaka Bank celebrates Anniversary: to emphasize more on Retail & SME, says CEO Dhaka Bank will decentralise its loan concentration from corporate to retail and small and medium enterprises (SME) to minimise credit risk, said the top Executive of the leading Private Commercial Bank (PCB) recently. The second generation PCB

S Korea to consider duty-free access of BD products South Korean Prime Minister Lee Nak-yon on Sunday assured Bangladesh of considering duty-free quota-free market access for all Bangladeshi products to their market as the bilateral trade is heavily tilted towards Korea. The assurance came during the official summit talks between

Liquidity shortage pushes up Private Banks’ Deposit Rates The ongoing liquidity crunch has forced many Private Commercial Banks to raise their deposit rates, particularly that of term deposits. The hike has made the government move to lower the lending rates to single digit almost untenable. The deposit rates started creeping

10 new products to get export subsidy The government is going to extend subsidies on the export of 10 new products with a view to boost export earnings to $50 billion by 2021 to achieve higher growth and generate employment. Moreover, garment export to the US, Europe and Canada will