Islami Bank had a good year: Chairman Islami Bank Bangladesh saw its financial performance improve in the past one year, according to its Chairman Arastoo Khan. For instance, IBBL’s default loans at the end of 2017 stood at 3.56%, down from 3.74% a year earlier, he said at a press

Bangladesh Bank mulls uniform calculation of forward rates The central bank plans to develop uniformity of calculation in case of forward rates among the banks aiming to ensure discipline in the country’s foreign exchange market. The Bangladesh Bank (BB) has asked for the methodology of calculation on forward rates from

Exports rise 3.9pc in July-April Exports grew a modest 3.92 percent year-on-year to $28.72 billion in July-April, riding on shipments of knitwear, home textiles, leather products and jute. Month-wise, it also rose nearly 3.49 percent to $2.78 billion in April compared to the same month a year ago, according to

Private sector credit growth remains steady Private sector credit growth remained steady in January amid higher import and rising business activities in the country. In January, private sector credit growth stood at 15.6 percent, which is almost identical to the previous month’s figure. Since September last year, the credit growth

Bigger bank board is no guarantee of profitability: Study The size of the board of directors of a bank does not have any impact on its performance both in terms of Return on Equity (RoE) and Return on Investment (RoI), according to a study conducted by the Bangladesh Institute of