Bank & Finance

Mahfuz Emran: In the last fiscal year 2022-23, Bangladesh exported goods worth more than $55 billion to the world market. This information was mentioned in the statistics published by the Export Promotion Bureau (EPB) last August. However, yesterday, Bangladesh Bank released the updated statistical report titled ‘Annual Export Receipt of…

Acute liquidity crisisStaff Correspondent: Banks are already in liquidity crunch due to the contractionary monetary policy of the central bank. Meanwhile, the government has to give loans to meet the daily expenses. In such a situation, commercial banks and financial institutions are taking short-term loans from the money market to…

Dr. Salehuddin Ahmed: Foreign debt has emerged as a major liability reaching $100 billion. Paying off this debt will not be easy. At the current level of reserves and in the future if the reserves do not increase, foreign direct investment or FDI, remittances do not increase, it will be…

Mahfuz Emran: In this period of high inflation, people’s saving power has decreased. Due to lack of trust, many are withdrawing money from the bank and keeping it in their hands. Again, against the sale of dollars from the reserve, market money is coming up. All in all, the banking…

Mahfuz Emran: Bangladesh’s foreign debt has been increasing rapidly for the past few years. However, the growth rate has come down a lot in the last financial year. On the other hand, the local currency has been fairly stable against the dollar for the past few years. Although this rate…

Syed Nasir Hossain: There is no relief in the dollar market. Banks are still unable to open required LCs due to the dollar crisis. Dollars on demand are nowhere to be found in banks or in the open market at prices fixed by the central bank. There is a clear…

Zarif Mahmud: The foreign exchange reserve at the moment is at a danger level of about $15 billion, which is less than the bill of three months imports. Economists said, if Bangladesh fails to boost the reserves at $ 19 billion in the end of December, the country to be…

Staff Correspondent: A day after raising the policy rate to control the rise in inflation, the central bank issued instructions to further increase the lending rates of commercial banks.In this phase, the interest rate will increase by 10.25 percent in case of new loan disbursement. As a result, the maximum…

Zarif Mahmud: Due to excessive non-performing loans, the commercial banks are not able to collect the interest income of Tk 57,000 crore. These amounts are kept separately as deferred interest. Global and domestic recession is reducing the income of banks. In this, the profit of the banks is decreasing due…