Farm loan growth slows to 2.55pc in 9 months Disbursement of farm loan has increased by only 2.55 per cent during the July-March period of the current 2017-2018 fiscal year.It was 23.39 per cent during the same period of the previous fiscal year, 2016-2017. In March of the current fiscal

Private credit growth hits 18.36pc Private sector credit growth continues its forward thrust despite liquidity crisis and rising interest rates as businesses jump into an expansion mode. In January, private sector credit growth stood at 18.36 percent, up from 18.13 percent the previous month — and way past the ceiling

ABB elects new board of governors The Association of Bankers, Bangladesh Limited (ABB) held its 20th Annual General Meeting (AGM) at MTB Tower in the city Saturday, said a statement. A new Board of Governors for the association was elected at the AGM, which will remain in office for the

Remittances to developing nations fall in 2016 – WB: Bangladesh sees 11.1% decline Remittances to developing countries fell for a second consecutive year in 2016, a trend not seen in three decades, according to a report by the World Bank, reports bdnews24.com. Remittances to developing countries fell by 2.4% between

Further depreciation of BDT likely if trade deficit widens The ministry of finance (MoF) foresees the necessity of depreciating taka further if Bangladesh’s external financial imbalance intensifies in the second half of this fiscal year, officials said. Taka depreciated by 5.0 per cent against greenback in 2017. The worries crop