Day: September 4, 2024

Business Report : Bangladesh Bank (BB) Tuesday informed that classified loans in the banking sector hit an all-time high of over Tk 211,000 crore at the end of June of this year. As per the latest Bangladesh Bank data, the total classified loans of banks stood at Tk 211,391 crore, accounting for 12.56 per cent of the total outstanding loans worth Taka16,83,396 crore. During the June quarter (April-June), classified loans rose by Tk 29,096 crore from Tk 182,295 crore as...

Business Report : The government aims to expedite export-import activities with neighbouring India through the Bhomra Land Port in Satkhira. As part of this initiative, the National Board of Revenue (NBR) has announced that all products, except powdered milk, will now be allowed for import through this port. The NBR is also considering upgrading the port from its current status as a land port station to a full customs house. On 29 August, the customs wing of the NBR issued...

Business Report : Bangladesh Bank (BB) has handed over Tk 230 million to the Chief Adviser’s Relief and Welfare Fund to help the victims of the flood. This contribution included one day’s salary from each of the central bank’s officers and employees amounting to Tk 10 million, according to a BB release on Tuesday. The rest of Tk 220 million has been donated from the central bank’s disaster management and social responsibility fund, the release added....