Non-performing loans may increase as recovery remains slow
Loans to the vulnerable sectors in Bangladesh such as garment, textile, cement and tanneries will face significant pressure as they are yet …
Bangladesh’s $8 billion credit risk from the global retailers and brands
Bangladeshi Ready-Made-Garment (RMG) manufacturers are struggling to survive because of a poor cash flow caused by delays in payments by international …
BGCCI International Webinar: Post-COVID Economic Relations between Bangladesh & Germany
In response to the collapse of the Rana Plaza factory in April 2013, the Government of Bangladesh (GoB), the International Labour Organisation (ILO), the European Union (EU) and the United States (joined later) engaged in a joint initiative known as “Compact for Continuous Improvements in Labour Rights and Factory Safety in the Ready-Made Garment and […]
Default loans fall due to relaxed rules in Bangladesh
The amount of default loans in the banking sector decreased after relaxation of the rules and regulations by the central bank of …
300,000 loan defaulters in Bangladesh officially
There are more that 300,000 loan defaulters in various banks and financial institutions across Bangladesh, Finance Minister AHM Mustafa Kamal has said. As …
Another $25m IFC loan to a Bangladeshi company PRAN
International Finance Corporation (IFC), the private sector development arm of the World Bank Group, has provided yet another $25 million loan to Pran-RFL …
Greetings to the BGCCI members by General Counsel Mrs. Stein
The Bangladesh-German Chamber of Commerce & Industry hosted a special business event for the German Companies in Bangladesh concluded by dinner at …
EU Trade Preference GSP+ to Bangladesh Conditional
Preferential treatment of Bangladesh’s goods and services in the European Union (EU) market in the future will depend on implementation of 27 …
How prepared are Banks in Bangladesh absorbing COVID19 shock
one crore =10 million one EUR = BDT 101.16 By mid-July three of America’s biggest banks have set aside a combined USD …