Agriculture sector NPLs rise 14.0% in July-April The amount of classified loans in the agriculture sector increased by more than 14.0% or BDT 6.08 billion during the first 10 months of the ongoing financial year (FY), 2016-17, despite the central bank’s close monitoring. The non-performing loans (NPLs) of farmers rose

Bankers meeting on good borrowers incentive policy today Bangladesh Bank will discuss the non-compliance issue on good borrowers’ incentive policy at the bankers meeting scheduled to be held at its headquarters in the city today. “The issue will be raised at the meeting as most banks are reluctant to comply

Dhaka Bank launches app-based reverse factoring transaction Dhaka Bank Limited launched first-ever Mobile App-based Reverse Factoring transaction in Bangladesh with technical assistance by Infini Systems Pvt. Ltd. at the bank’s corporate office on Thursday, according to a statement. The bank, buyers and sellers can complete all dealings using this mobile

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.91% (Jul 05 ’17) 4.03% (Jun 28 ’17) 0.12% Call Money Lending (Crore BDT) 6,449.00 (Jun 28 ’17) 7,966.00 (Jun 28 ’17) 19.04% Prices Weighted Average Deposit Rate 4.97% (Apr ’17) 5.01% (Mar ’17) 0.13% Weighted Average Lending

Banks to inject BDT 175.5 billion into rural economy anew The country’s commercial banks will disburse BDT 175.5 billion in the countryside this fiscal year under an agricultural and rural credit policy and program announced Sunday. As per the new policy, unveiled by the central bank, all local private commercial