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কালজয়ী লোকসঙ্গীত শিল্পী আবদুল আলীমের জন্মদিন আজ

কালজয়ী লোকসঙ্গীত শিল্পী আবদুল আলীমের জন্মদিন আজ
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High Court forms new board to revive scam-hit People's Leasing

High Court forms new board to revive scam-hit People's Leasing
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Banking stocks suffer despite higher dividends

Among the 27 listed banks, 10 declared higher dividends, 11 the same, and seven lower.
Pubali Bank Managing Director Md Abdul Halim Chowdhury said the stock market was in a better position last year that positively impacted their profits.
When the market did turn bullish, banks generated higher profits and had to keep a reduced amount in provisioning in the portfolio compared to that a year earlier, he said.
So, our profits were impacted positively in two ways, he said.
The Bangladesh Bank also ordered banks not to classify loans in 2020. As a result, lenders did not require to set aside a higher amount of funds in provisioning. ....

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Forex reserves record high $43bn: productive use seen vital

Forex reserves record high $43bn: productive use seen vital
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Balance of payment shows record surplus at $4bn-523874

Balance of payment shows record surplus at $4bn
Anisul Islam Noor
15th December, 2020 10:05:56
The country’s overall Balance of Payments (BoP) has marked a record surplus at over $4.1 billion during the July-October period as capital machinery and other import demand dropped amid the Covid-19 pandemic.
The current account balance was in deficit of over $ 1.52 billion and the overall balance of payment was in deficit of $229 million during the July-October period of FY 2019-20.
Economists attributed the surplus BoP to a slow pace in financial activities amid the Covid-19 pandemic. A steady inflow of remittance and a rise in external fund flows also contributed to the surplus, they noted. ....

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