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An effective investment of surplus foreign currency reserves: PM while launching BIDF
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Forex now for dev projects | The Daily Star
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BB stretches disbursement of stimulus packages by March
Staff Correspondent
28th January, 2021 08:30:16
Bangladesh Bank Governor Fazle Kabir has thanked 10 banks for achieving 100 percent loan disbursement target set by the central bank under the stimulus packages for CMSMEs.
The banks are BRAC, Bangladesh Krishi Bank, Rajshahi Krishi Unnayan Bank, Bank Asia, Prime, One, Eastern, Uttara, Modhumoti and Bank Alfalah.
The governor in a virtual meeting with the Managing Directors and Chief Executive Officers of scheduled banks asked for exhausting all stimulus packages by March31, to help revive the economy from loss caused by pandemic.
Bangladesh Bank arranged a meeting with all the scheduled banks in an interval of every three months chaired by governor.
Banks warned against failure to clear import bills
Actions will be taken, BB says Star Business Report Star Business Report
Bangladesh Bank yesterday lambasted local banks for their failure to settle import bills with the corresponding foreign lenders on time.
The required actions will be taken against the banks that do not follow the due diligence in this regard as it has tarnished the country s image abroad.
The central bank came up with this instruction at a bankers meeting held through an online platform yesterday.
Bangladesh Bank Governor Fazle Kabir presided over the meeting attended by managing directors of all banks.
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