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BUSINESS PERSON OF THE YEAR AKM Mosharraf Hussain

The winners of 21st Bangladesh Business Awards

BB inks deal with 18 banks for long-term dollar loans for exporters

BB inks deal with 18 banks for long-term dollar loans for exporters
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Long-term USD loan facility for exporters

Eighteen private commercial banks yesterday signed a deal with the Bangladesh Bank (BB) to avail funds from the central bank’s long-term financing facility (BB-LTFF) for export-oriented manufacturing companies.

Private credit growth continues to drop

Private sector credit growth in Bangladesh has continued to dip in recent months, with banks and borrowers adopting a go-slow strategy amidst the stress on the economy and growing apprehensions of a political crisis centring the upcoming parliamentary elections.

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