AKM Zamir Uddin

August 25, 2021
August 25, 2021

IMF support lifts forex reserves to $48b

Bangladesh’s foreign exchange reserve has hit a record high of $48 billion after it secured $1.44 billion in financial support from the International Monetary Fund (IMF).

August 24, 2021
August 24, 2021

Tk 3,000cr refinance scheme for farmers

The Bangladesh Bank yesterday decided to roll out a fresh refinance scheme worth Tk 3,000 crore for the agriculture sector.

August 24, 2021
August 24, 2021

Default loan rates highest in shipbreaking, SME

Shipbreaking and shipbuilding, small and medium enterprises, trading, agriculture and garment are the top five sectors that generated the highest level of bad loans in Bangladesh in 2020, official...

August 23, 2021
August 23, 2021

High interest hurts farmers

While Bangladesh Bank set the interest rate of farm loans at eight percent, farmers are having to pay more than three times higher even in desperate times like the coronavirus pandemic.

August 20, 2021
August 20, 2021

Default loans surge close to Tk 1 lakh crore

Default loans in Bangladesh surged in the first half of 2021 as borrowers struggle to pay back due to the business slowdown caused by the coronavirus pandemic.

August 16, 2021
August 16, 2021

Banks’ capital base weaker than regional peers

The capital base of the banking industry in Bangladesh is much weaker than its peer countries in South Asia, which indicates their fragile financial health and poor brand image in the outside world.

August 15, 2021
August 15, 2021

Unrealised rescheduled loans threat to banks

Unrealised rescheduled loans might create a challenging situation for the profitability and solvency of banks in the coming days, the Bangladesh Bank has warned.

August 11, 2021
August 11, 2021

Trade deficit hits all-time high

Bangladesh’s trade deficit hit an all-time high of $22.27 billion last fiscal year due to a rise in commodity prices in the global market.

August 10, 2021
August 10, 2021

BB not sticking to its words

Bangladesh Bank yesterday showed little interest in mopping up excess liquidity from the banking system as it withdrew only 38 per cent of funds attracted from banks through an absorbent instrument...

August 6, 2021
August 6, 2021

BB set to rein in excess money supply

The Bangladesh Bank yesterday decided to mop up excess liquidity as it is hurting banks, savers and small borrowers and threatening to create instability in the economy through asset bubbles.