Bad loans increase to BDT 472.6 billion in Q1 Bad loans, the worst category of defaulted loans, in the country’s banking sector increased by 8.68% to BDT 472.6 billion in the first quarter of 2016 because of the scheduled banks’ failure in recovering classified loans amid a rise in financial

Bangladesh Bank eases rules for banks’ exposure to stock market Bangladesh Bank yesterday relaxed the rules related to banks’ investment in stocks in a move to boost the ailing market. Now, the banks will not have to sell shares to adjust their stock market exposure exceeding the permitted ceiling, according

Dhaka Bank, Pakiza Group ink deal Dhaka Bank Ltd and Pakiza Group recently signed an agreement for project finance of Tk 2,735.19 million at the Dhaka Bank Corporate Office. Syed Mahbubur Rahman, Managing Director and CEO of Dhaka Bank Limited and Rafiqul Islam Khan, Chairman of Pakiza Group inked the

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 5.09 % (Feb 20’20) 5.07 % (Feb 13’20) 0.02 % Call Money Lending (Crore BDT) 2,452.52 (Feb 20’20) 2,833.35 (Feb 13’20) 13.44 % Prices Weighted Average Deposit Rate 5.70% (Feb ’20) 5.71% (Feb ’20) 0.01% Weighted Average Lending

Taka falling against US$ despite BB’s support Depreciating trend of the local currency against the US dollar is continuing despite the central bank’s foreign currency support to the commercial banks. The exchange rate of Bangladesh Taka (BDT) depreciated by five paisa against the greenback in the last two days mainly