April 25, 2024
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Bank & Finance

Bank & Finance

  • Govt now looking for loans from banks

    Zarif Mahmud : Since the beginning of the current financial year, the opposite picture is seen in the government’s debt. The government has taken a record loan from Bangladesh Bank in the previous financial year. However, from the beginning of the current fiscal year 2023-24, the government has taken more…

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  • Foreign investments halved in capital market

    Effect of Floor Price Staff Correspondent : The capital market plays an important role in keeping the wheels of the economy moving in the developed world. But the opposite is the case in Bangladesh. Investors are losing money in the clutches of the manipulation cycle. Foreign investment has also halved.…

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  • Vessel and container handling decreased

    Ayub Ali: The ongoing dollar crisis has reduced the import and export of the country. In this, the arrival of ships through the country’s main seaport has decreased by 256 and container handling has decreased by about 92 thousand TUS. And if the dollar crisis does not end, the traders…

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  • Banks aren’t capable to recover default loans

    Mahfuja Mukul: The total amount of defaulted loans in Bangladesh is Tk1 lakh 183 crores.Finance Minister Aham Mustafa Kamal disclosed the list of top 300 defaulting institutions of Bangladesh in the Parliament few months ago, in whose hands about Tk 51 thousand crore are stuck.Meanwhile, the amount of defaulted loans…

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  • Dollar crisis to be main challenge

    Economy of new year Zarif Mahmud: In 2023, the dollar crisis mainly pressures the economy. The dollar crisis was the main catalyst behind various concerns, including falling exchange rates and reserves, pressure on foreign debt repayments, inflation, problems opening LCs. Economists and bankers see the transition from the dollar crisis…

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  • Interest rates on foreign loans to be decreased

    Rabiul Haque: There is good news for the economy of Bangladesh in the new year. The interest rate of foreign loans will decrease in the international market.Central banks in major economies will not raise interest rates as global inflation comes under control. As a result, the interest rate of foreign…

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  • Islamic banks become strong rivals of conventional banks

    Enayet Karim: The extent of Islamic banking in the country is gradually increasing. In the past two and a half decades, Islamic banks have become strong rivals to state-owned commercial and private conventional banks in terms of deposit collection, lending and rendering other banking and financial services.The journey of Islamic…

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  • Journey for trillion dollar economy begins

    Enayet Karim : Bangladesh is on the way to becoming a trillion-dollar economy by 2040. Being a growing market with a strategic geographic position, Bangladesh is sure to benefit from its growing middle-income group.Currently, Bangladesh is a $416-billion economy. BCG predicts Bangladesh’s middle and affluent class will reach a volume…

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  • A new year of conflict crisis and uncertainty

    Mahbub Ullah : The New Year begins with the first sunrise on the Pacific Island of Kiribati. Gradually, the New Year’s sunlight will spread towards the west. The rays of the sun will light up the eastern hemisphere and spread to the western hemisphere.The people of the world will welcome…

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  • Future of economy depends on politics

    Mahfuja Mukul : The country’s economy is going through a crisis. Dollar deficit, decline in reserves, scarcity of gas and fuel, strict import conditions, excessive defaulted loans, liquidity shortage, lack of good governance, restrictive fiscal regime, political instability are among them. There is a lack of preparation to meet the…

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