Private sector credit growth has slowed in recent months with banks and borrowers adopting a go-slow strategy amidst economic stress and growing apprehensions of a political crisis centring the upcoming parliamentary elections in January.
No bankers and directors will be able to hold any post in the Shariah supervisory committee of banks as the Bangladesh Bank changes rules to make lenders more compliant and curb irregularities.
Shakti Foundation, a leading microfinance institution in Bangladesh, has mandated Eastern Bank PLC to arrange BDT 300 crore . The loan facility is to be used to support Shakti Foundation s.
EBL arranges syndicated loan facility for Shakti Foundation dhakatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakatribune.com Daily Mail and Mail on Sunday newspapers.