Economy / Bangladesh


Classified loans jump to Tk 3.45 trillion in Dec

Classified loans jump to Tk 3.45 trillion in Dec

The ratio of classified loans in the banking sector jumped to 20.20 per cent by the end of December 2024 from September's figure of 16.90 per cent. The volume of bad loans in banks soared to Tk 3.45 trillion from a September-end count of Tk 2.45 trillion, according to the data of Bangladesh Bank (

Microcredit interest rates in rural Bangladesh declining

Microcredit interest rates in rural Bangladesh declining

Microcredit-interest rates in the rural areas are declining due to increasing competition, driven by the presence of a substantial number of non-governmental organisations (NGOs), experts and economists said on Thursday. They noted that NGO-led microfinance institutions have played a crucial role

WB to provide $200m to strengthen SSNPs

WB to provide $200m to strengthen SSNPs

The World Bank (WB) is set to provide US$200 million worth of assistance to ensure accountability and transparency in Bangladesh's social safety-net programmes (SSNPs), officials said, after completing the negotiations on Thursday. The Department of Social Services (DSS) will spend US$75 million t

NBR to launch AEO next week to fast track int'l businesses

NBR to launch AEO next week to fast track int'l businesses

 The long awaited Authorised Economic Operator (AEO) will start its operation on Sunday aiming to streamline import and export processes by providing a seamless clearance system. Finance Adviser Dr Salehuddin Ahmed will inaugurate the operation from a programme at rhe Multipurpose Hall of the

4th, 5th tranches of IMF loan likely in June

4th, 5th tranches of IMF loan likely in June

The fourth and fifth instalments of Bangladesh’s $4.7 billion loan package from the International Monetary Fund (IMF) which have been delayed due to unmet conditions, could be disbursed together in June, according to Finance Advisor Salehuddin Ahmed. Speaking after a session of the District

MFS transactions hit record Tk 1.64 trillion in Dec

MFS transactions hit record Tk 1.64 trillion in Dec

Mobile financial service (MFS) providers recorded Tk 1.64 trillion (Tk 1,64,740 crore)-worth of transactions in December 2024. This marks the highest monthly transaction amount in the history of mobile financial services in the country, according to the latest report by Bangladesh Bank. In 2024,

Macroeconomic indicators show signs of recovery

Macroeconomic indicators show signs of recovery

The key macroeconomic indicators -- such as inflation, exchange rate, and interest rate except the GDP growth are showing signs of recovery after hitting their lowest points in recent times, according to the latest report by CAL Bangladesh, a Sri Lanka-based financial institution and research organ