Almost all major foreign currencies like the European Union's euro, British pound sterling, Chinese renminbi, Japanese yen and Indian rupee are following in the footsteps of the US dollar in becoming stronger against the local currency. The inter-ban ...
Berger now eyes fresh shares for public shareholders
Berger Paints Bangladesh now considers issuing fresh shares to increase public shareholding by 5% to maintain regulatory requirements of a minimum of 10%. In a letter to the Bangladesh Securities and Exchange Commission (BSEC) earlier this month, the ...
Reserves to slip below $22b after ACU payment next week
$1.2 billion import bills are expected to be cleared on Monday The country's foreign exchange reserves are set to slip below $22 billion after clearing the import bills of $1.2 billion with the Asian Clearing Union (ACU) next week, according to Ban ...
Most NBFIs struggling, but a few shining
At the end of 2022, publicly traded NBFIs’ average non-performing loans (NPLs) ratio skyrocketed to nearly 24% due to some extreme figures such as 89% bad loans of scam-hit International Leasing. Infographic: TBS The non-bank financial instituti ...