Q1 non-performing loans leap to BDT 734.1 billion Classified loans in the country’s banking system jumped by over 18.0% or BDT 112.4 billion in the first quarter (Q1) of the current calendar year, despite close monitoring by the central bank. According to the central bank’s latest statistics, the amount of

PKB set to become scheduled bank Probashi Kallyan Bank (PKB) is set to go into operation as a scheduled bank by March as the government has completed all preparations in this regard, sources said. To this effect, Financial Institutions Division (FID) has sent a summary paper to the finance minister,

January export earnings highest in 5 months Exports brought home $3.41 billion in January — the highest in five months — thanks to a spike in shipments of garments, jute and jute goods and furniture. Although 3.54 percent higher than a year earlier, January’s receipts fell short of the $3.50

Investments with Islamic Banking soar 19% Investments with the Islamic banking accounts have increased by 19.03 per cent in the October-December quarter of 2017, compared to the corresponding period of the previous year. “The Islamic banking segment continued to show rapid expansion in terms of growth of assets, deposits, investments

Bangladesh Bank tightens monitoring banks’ stock investment amid market boom Bangladesh Bank has asked for stock market transaction data of banks and their subsidiaries on a weekly basis, instead of fortnightly, while stock regulator has become ‘worried’ amid the relentless boom in the capital market in last few weeks, said