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SBP for adoption of Digital Supply Chain Finance solutions by banks

Banks' sustainable financing soars 138% in March quarter

Loan disbursement by banks and financial institutions in the sustainable finance sector has increased by 138%, equivalent to Tk55,626 crore, in the first quarter, to maintain good ratings. According to the Quarterly Review Report on Sustainable Finance by the Bangladesh Bank, loans disbursed in the green and sustainable finance sector in January-March of 2024 totaled Tk95,935

'Climate-resilient houses crucial against cyclones and natural disasters in coastal Bangladesh'

Climate experts have advocated for the adoption of "climate-resilient houses" as a crucial strategy for mitigating the damage inflicted by cyclones and climate change induced natural calamities. Under the NDC Action Project of the Ministry of Environment, Forest and Climate Change (MoEFCC), a roundtable discussion titled "Climate Resilient Housing in Coastal Bangladesh

Sustainable financing soars 160% in Dec quarter as banks scramble for positive ratings

One of the major areas of financing for banks and NBFIs is industrial projects such as steel, paper, cement, chemicals, fertilisers, power, and textiles, which cause maximum carbon emissions.

Habibur Rahman, Khurshid Alam become BB's deputy governors

DHAKA, Feb 28, 2024 (BSS) - The Ministry of Finance has appointed Dr Md Habibur Rahman and Md Khurshid Alam