The central bank sold $11.50 million to six banks yesterday

Around three and a half months after Bangladesh Bank announced guidelines for a loan scheme to reopen closed factories, not a single taka has been disbursed under the Tk 20,000 crore programme.

Industrial enterprises registered with the Invest Bangladesh Authority, formerly known as BIDA, will no longer need to obtain separate approval from Bangladesh Bank to take medium- and long-term external loans

Previously, importers required prior approval from Bangladesh Bank for commodity price hedging

Section 18(A), which allowed former owners of weakened banks to regain control, scrapped

Among the individual channels, RTGS transactions rose 26.09 percent to Tk 50,461 crore in June

Loans below Tk 1 crore may continue to be valued by the banks' internal management

Writ challenging Md Mostaqur Rahman’s appointment rejected; petitioner plans Supreme Court appeal

The credit can cover utility bills, mobile recharges, education and healthcare costs, travel expenses, taxes and government service fees, deposit instalments, and insurance premiums

Banks may facilitate outward remittances within prescribed limits without prior approval from the central bank or the Bangladesh Hi-Tech Park Authority

Selected entrepreneurs will receive training, mentorship, assistance with registration and business plans, and market-linkage support

Governor sends demi-official letter to finance minister in this regard

The previous repayment tenure was 10 years.

A large portion of the profit came from lending to commercial banks and investments of the foreign exchange reserves

The fund will provide financing at a maximum of 7%

The funds will be used to rebuild damaged homes, restore livelihoods, repair educational institutions, and improve access to safe drinking water and sanitation facilities.

The move is expected to make it easier for foreign companies to participate in projects in Bangladesh

Initiatives have also been taken under an exit policy and Alternative Dispute Resolution to recover depositors’ funds

At the end of June this year, 30 banks with agent banking outlets in suburban, rural areas provided Tk 40,870 crore in loans

Transactions through Bangla QR -- the country’s interoperable national payment standard -- have nearly doubled since the system became mandatory for merchants on July 1, Bangladesh Bank (BB) said.