Dhaka Bank signs participatory deal with central bank | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Monday
May 29, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
MONDAY, MAY 29, 2023
Dhaka Bank signs participatory deal with central bank

Banking

TBS Report
19 May, 2020, 08:45 pm
Last modified: 19 May, 2020, 08:47 pm

Related News

  • Dhaka Bank's profit decline in Jan-Mar
  • Dhaka Bank discloses un-audited financial statements for Q1
  • Dhaka Bank's EPS decline by 22% in 2022
  • Active Fine to transfer mortgaged AFC Agro shares to Dhaka Bank
  • Dhaka Bank allowed to issue Tk200cr bond

Dhaka Bank signs participatory deal with central bank

Md Masud Biswas, executive director of Bangladesh Bank and Emranul Huq, managing director and chief executive officer of Dhaka Bank signed the agreement on behalf of their respective organisations

TBS Report
19 May, 2020, 08:45 pm
Last modified: 19 May, 2020, 08:47 pm
Dhaka Bank signs participatory deal with central bank

The Dhaka Bank Limited signed a participatory agreement with the Bangladesh Bank to disburse Tk15,000 crore in loans as part of revolving refinance scheme to support implementation of the stimulus package for large industries, said a media statement issued on Monday.

Md Masud Biswas, executive director of Bangladesh Bank and Emranul Huq, managing director and chief executive officer of Dhaka Bank signed the agreement on behalf of their respective organisations.

Among others, Md Shahidul Islam, general manager of Bangladesh Bank, Md Aminur Rahman Chowdhury, its deputy general manager and Md Abdul Matin, senior executive vice president and head of CRM division at Dhaka Bank were also present.

A total of 14 banks signed this agreement with the central bank to implement this government announced stimulus package.

In a bid to foster economic recovery, the government has declared a Tk30,000 crore stimulus package for large industries and the service sector entities affected by the novel coronavirus. The banks will arrange the funds from their own sources.

To support implementation of the package, the Bangladesh Bank has formed a Tk15,000 crore revolving refinance scheme.

Under this scheme, the lenders will be entitled to get funds from the central bank's refinance scheme at 4 percent interest.

Dhaka Bank

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Govt's borrowing from treasury bills up by Tk65,000cr in FY23
    Govt's borrowing from treasury bills up by Tk65,000cr in FY23
  • Turkish President Tayyip Erdogan gestures as he addresses his supporters following early exit poll results for the second round of the presidential election in Istanbul, Turkey May 28, 2023. REUTERS/Murad Sezer
    Turkey's Erdogan claims victory in presidential election
  • Photo: Collected
    BBS to introduce district-wise GDP

MOST VIEWED

  • Photo: PR
    HBL reiterates its commitment to China-Bangladesh business ties
  • Default loans rise Tk11,000cr in Jan-Mar amid IMF pressure
    Default loans rise Tk11,000cr in Jan-Mar amid IMF pressure
  • Exim Bank to issue Tk600cr bond 
    Exim Bank to issue Tk600cr bond 
  • Selim RF Hussain. Sketch: TBS
    Invest in technology or you'll lose existence in 5-7 years: ABB chairman warns banks
  • Reserves plummet below $30 billion
    Reserves plummet below $30 billion
  • Binimoy to synergise financial systems, now need e-Taka for unforeseen benefits: ICAB 
    Binimoy to synergise financial systems, now need e-Taka for unforeseen benefits: ICAB 

Related News

  • Dhaka Bank's profit decline in Jan-Mar
  • Dhaka Bank discloses un-audited financial statements for Q1
  • Dhaka Bank's EPS decline by 22% in 2022
  • Active Fine to transfer mortgaged AFC Agro shares to Dhaka Bank
  • Dhaka Bank allowed to issue Tk200cr bond

Features

Unwinding poolside, she revels in self-care, her flawless complexion glowing under the gentle sun. Photo: Rony Rezaul. Model: Tangia Zaman Methila

Dive into Summer Style: Get Ready to Sizzle by the Pool

20h | Mode
Illustration: TBS

'Cybercriminals are creating new ways of hacking'

21h | Panorama
Under SmartMek’s package, farmers can have access to large agricultural machines such as combined harvesters.
Photo: TBS

SmartMek: Providing digitised services to the farmers through smart cards

22h | Panorama
Illustration: Bloomberg

AI will supercharge productivity. Will workers benefit?

21h | Panorama

More Videos from TBS

Turks are voting in presidential run-off

Turks are voting in presidential run-off

15h | TBS World
Temperature will surpass 1.5 degree by 2027

Temperature will surpass 1.5 degree by 2027

21h | TBS World
Dubai’s gigantic moon shaped mega resort

Dubai’s gigantic moon shaped mega resort

1d | TBS World
In an interview given to TBS Lt. Col. Mohammad Tajul Islam Chowdhury

In an interview given to TBS Lt. Col. Mohammad Tajul Islam Chowdhury

3d | TBS Stories

Most Read

1
End of zero tax!
NBR

End of zero tax!

2
Photo: TBS
Energy

Wind power feeds national grid for first time Friday

3
Photo: TBS
Bangladesh

Private helicopter service launched in Ctg

4
Malaysian ship docks at Mongla port with 926 luxurious cars
Bangladesh

Malaysian ship docks at Mongla port with 926 luxurious cars

5
Nagad builds hope on Tk510cr bond, incurs Tk625cr loss
Economy

Nagad builds hope on Tk510cr bond, incurs Tk625cr loss

6
Cenbank prints Tk70,000cr new money in 11 months to support nat'l budget
Budget

Cenbank prints Tk70,000cr new money in 11 months to support nat'l budget

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]