Banks’ falling asset quality may weaken lending capability
Declining asset quality of Bangladesh's banks could weaken their lending capability, says Moody's as it already finds them in "tighter liquidity conditions".However, the US-based global credit-rating agency predicts that their overall operations may stay stable over the next 12-18 months because of a healthy operating environment, despite legacy asset-quality issues...
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Cash-strapped Farmers Bank seeks BB nod to raise yields on its debt instrument
The Farmers Bank Limited (FBL) has appealed to the central bank for enhancing the yields on its subordinated bonds to 10 per cent from existing 9.0 per cent, officials said."We're working on the issue," a senior official of Bangladesh Bank (BB) told the FE Sunday, replying to a query about...
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Design flaws found in eight more piers
The work of Padma Bridge construction is increasingly getting complicated for difficulty in resolving the problems that have cropped up with its design.The problems have already put the project slightly behind the schedule, sources said.While the project office was finding it hard to solve design-related problems concerning 14 piers of...
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BRTC AC buses link Motijheel with Nabinagar
Bangladesh Road Transport Corporation (BRTC) has launched air-conditioned (AC) bus service on the route from Motijheel to Nabinagar. Road Transport and Bridges Minister Obaidul Quader came up with the information while inaugurating BRTC bus depot and launching mobile apps 'Kotodhur' at Gabtoli on Sunday morning, said a PID handout. The...
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