Bangladesh Bank

Agent Banking has been a catalyst in financial inclusion in Bangladesh. According to a report by the Bill & Melinda Gates Foundation, participation in financial services in the country has increased to reach an all-time high of 47 percent in 2018 as a result of a 5 percentage-point surge (20% to 25%) in registered bank […]

As part of its record stimulus package, Japan allocated USD 2.2 billion to help its manufacturers shift production out of China back in April. A part of the fund will aid companies to shift manufacturing to other countries in order to diversify production bases across multiple locations.  The move comes as the COVID-19 pandemic caused […]

Like elsewhere across the globe, the COVID-19 pandemic has ushered in an economic crisis for Bangladesh. The World Bank has forecasted the country’s GDP growth rate to come down to 2 to 3%. Similarly, the International Monetary Fund (IMF) has projected the growth rate to go down to 2%. The government has imposed a nationwide […]

To rescue the economy from the crisis arising out of the COVID-19 pandemic, the government of Bangladesh has released stimulus packages worth around BDT 1 lakh crore, which is 3.3% of the GDP. According to the Prime Minister, the objective of the stimulus is to alleviate the tribulations triggered by the pandemic and also maintain […]

The assumed dichotomy between business profitability and responsibility to society, is one that is continually challenged through modern business models especially now with the Fourth Industrial Revolution in full throttle. There has indeed been an elevation of the Triple Bottom-Line agenda, “Profit, People, & Planet”. Coupled with the international focus on the achievement of SDG-s, […]

Bangladesh, which is on the brink of graduating to the Middle income tier within the next decade is facing a stern task in maintaining its finances, because most of its foreign funding is adding up to a potential debt trap for the country. Bangladesh’s external debt conditions, as reports from the Central Bank suggest, that […]

Bangladesh’s banking sector has been in free-fall due to rising non-performing loans from both state and private banks alike. According to Bangladesh Bank, the total NPL combined from the 8 state-owned, 40 privately owned and 9 foreign banks stood at BDT 803.97 billion as of September 2017. This is in total 10.67% of all outstanding […]