Move to rid Banks of NPL burden The central bank has moved to form an asset management company to deal with the growing non-performing loans (NPLs) of banks, as part of its efforts to perk up the ailing sector. The development comes following recommendation from a six-member committee formed two

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.44% (June 07 ’18) 3.19% (May 31 ’18) 0.25% Call Money Lending (Crore BDT) 5,395.45 (June 07 ’18) 4,386.20 (May 31 ’18) 19.77% Prices Weighted Average Deposit Rate 5.43 (Apr ’18) 5.30% (Mar ’18) 0.13% Weighted Average Lending

Govt looks to simplify rules as FDI plummets 13.8pc Gross inflow of foreign direct investment to Bangladesh fell 13.8 per cent to $3.73 billion in the first 11 months of last fiscal year, largely owing to the coronavirus pandemic, which came as a shock to foreign investors. The drop would

Biman reports Tk 2.72b Profit in FY ’19  Biman Bangladesh Airlines has reported a Net Profit of Tk 2.72 billion in the last fiscal year (FY 2018-19), according to an unaudited financial report of the company. Biman has automated the ticketing system, taken various steps for improving passenger service, purchased

Many listed Banks’ EPS see moderate rise in 2018 Most of the listed banks, which so far disclosed financial statements, have witnessed moderate rise in earnings per share (EPS) in 2018 compared to previous year. As per the officials, the banks which kept provision in 2017 were able to witness