Agricultural credit recovery increases by 8pc in July-March
Agricultural credit recovery increases by 8pc in July-March

The recovery of agricultural credits has increased by 8 per cent during the first nine months of the current fiscal year 2024-2025 (FY25) compared to the same period of the previous fiscal, reports BSS. In July-March of FY25, the recovery of agricultural credit by all scheduled banks increased...

6 banks to be merged
6 banks to be merged

Bangladesh Bank Governor Ahsan H Mansur announced plans to merge six financially weakened banks by July this year due to irregularities and loan fraud. The central bank will temporarily place these banks under government ownership to stabilise the sector. Banks that have been audited will be...

Reserves increasing, relief in dollar market
Reserves increasing, relief in dollar market

The country appears to have overcome its months-long dollar crisis, as remittance inflows surge and foreign exchange reserves climb, offering relief to the banking sector and importers. Banks are no longer facing shortages of US dollars, central bank officials said Wednesday. Instead, Bangladesh...