Bangladesh Bank sells $24m more to three banks The central bank of Bangladesh has sold US$24 million more to three commercial banks to meet the growing demand for the greenback in the market. “We’ve sold the foreign currency to the banks on Tuesday at market rate to settle import payment

Farm loans disbursement soars in 2 months Farm loans disbursement registered a 35.46 per cent growth in the first two months of this fiscal year (2017-18), compared with that in the same period of FY 2016-17. Banks disbursed Tk 2,794.05 crore in farm loans in the July-August period of FY18

BDT rises notably against US$ for importers The exchange rate of Bangladesh Taka (BDT) appreciated significantly against the US dollar on Wednesday for importers, as the central bank sold US$ 38 million to the banks, market operators said. The local currency appreciated by 0.23 per cent or 19 paisa each

Shimanto Bank listed as scheduled bank Bangladesh Bank on Wednesday said that Shimanto Bank Ltd was registered in the list of scheduled banks from July 21 this year. The BB issued a circular to managing directors and chief executive officers of all banks informing that the issue of listing of

Private sector credit to grow sans change in policy rates The central bank under the changed management unveiled Tuesday its maiden monetary policy for the first half of the current fiscal year cautiously with key policy rates remaining unchanged. However, the policy expects credit to the private sector to go