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Bangladesh has once again gone past the $2-billion mark in remittance income as migrant workers continued to send home a massive amount for the third straight month.
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The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh has structured the country’s second sustainability linked loan for BSRM to help implement the steel manufacturer’s sustainability agenda.
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Defaulted loans in the banking sector went down slightly in the third quarter this year thanks to the moratorium on bank loan payments provided by the central bank.
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The banking sector’s capital base got stronger in the third quarter this year thanks to the regulatory forbearance provided by Bangladesh Bank.
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It was April when the government was compelled to enforce a lockdown across the country to keep the coronavirus pandemic at bay.
