Bank & Finance

Call money market also over heated Staff Correspondent: Due to the liquidity crunch, the tendency of commercial banks and financial institutions to borrow has increased. Borrowing more recently than before. Among them, the largest amount is borrowed from the central bank.Apart from this, commercial banks are also borrowing from themselves.…

Farhad Chowdhury: Bangladesh has occupied the top position in the export of knitwear to the European Union (EU), leaving behind its main rival, China. From January to September this year-in these 9 months, Bangladeshi exporters have exported net garments worth $9 billion and China exported $8.96 billion.BGMEA has informed this…

Staff Correspondent: The World Bank predicts that Bangladesh will receive $23 billion in remittances in 2024. The World Bank said that the same remittance will reach Bangladesh this year as well.According to the World Bank’s latest Migration and Development Brief released on Monday (Dec 18), Bangladesh’s official remittance growth may…

Staff Correspondent: After the arrival of new potatoes in the market, the price fell to Tk 60 per kg within a few weeks. Now the price of potatoes has started to increase again. Potatoes are now selling at Tk 70 to Tk 80 per kg in the market. Which is…

Status of money decreased significantly Zarif Mahmud: Although the total deposit inflow in the banking sector has slightly increased, the status of deposits as current or withdrawable at any time is now on the downward trend. Due to the economic recession, people’s income has decreased and the standard of living…

Staff Correspondent: The amount of capital deficit in the banking sector has increased significantly. In the last three months, the capital deficit of 14 banks increased by Tk 3,764 crore to Tk 37,508 crore. Nine out of 14 banks are facing severe capital shortfall, of which 5 have negative Capital…

Mahfuja Mukul: Withdrawal of money from the market by selling dollars, devaluation of money against the dollar and high inflation and the tendency of people to eat up their savings have led to a liquidity crisis in banks. Recently at least 40 banks are running on lending in liquidity crisis.Among…

People of towns over burdened with debt Farhad Chowdhury: A significant portion of the people of the country are now meeting their living expenses by taking loans. Due to the inflation caused by the epidemic Corona and the subsequent Russia-Ukraine war, the common people of the country are not able…

IMF suspects Staff Correspondent: The International Monetary Fund-IMF sees the big difference in the income coming to the country through the export of goods in the last financial year as a signal of capital laundering. Part of this difference may be due to methodological reasons, the agency believes. But the…

Mahfuz Emran: The dollar crisis that started in the country since the beginning of last year has not yet ended. That is why the central bank continues to sell dollars in the open market. Besides, the reserve is decreasing to meet other liabilities and repay the debt. However, foreign exchange…