Bangladesh Bank raises three SoCBs’ credit growth limit: Boosting productive investment main objective The central bank has enhanced the credit-growth limits for three state-owned commercial banks (SoCBs) for this calendar year despite their soaring classified loans. Officials said the annual lending-growth limits for Sonali, Janata and Rupali have been re-fixed

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 4.59% (Apr 17’19) 4.59% (Apr 10’19) 0.04% Call Money Lending (Crore BDT) 2,768.90 (Apr 17’19) 3,008.83 (Apr 10’19) 4.39% Prices Weighted Average Deposit Rate 5.34% (Apr 18’19) 5.34% (Apr 11’19) 0.00% Weighted Average Lending Rate 9.40% (Apr 18’19)

Red blinking: Four large borrowers fail to pay regular instalments, out to have the loans rescheduled again Four business groups, which got their loans of Tk 3,200 crore restructured under the central bank’s special policy around three years ago, have failed to pay regular instalments for most of the loans.

E-commerce sites allowed online export using banking channel Bangladesh Bank on Monday issued a circular facilitating export of goods from Bangladesh using the banking channel against customers’ online orders from abroad. As per the BB circular, banks would be allowed to work as authorized dealers for such export up to

BKB gets new MD Muhammad Awal Khan has joined Bangladesh Krishi Bank (BKB) as the new managing director recently, according to a statement. Prior to this, he was the managing director of Rajshahi Krishi Unnayan Bank (RAKUB). He started his banking career at Bangladesh Krishi Bank in 1982. During his