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July 3, 2023

IMF concludes 2015 Article IV consultation with BD

The Executive Board of the International Monetary Fund (IMF) concluded the 2015 Article IV consultation with Bangladesh on January 20, 2016. Despite global headwinds and episodes of domestic unrest, Bangladesh has had a strong macroeconomic performance in the two years since the last Article IV consultation, supported by prudent policies under the recently-completed Extended Credit Facility (ECF) arrangement with the IMF. Real GDP growth has remained above 6 percent, a notable performance in the current global IMFcontext. Headline ...

Economy to grow by 6.3pc in current FY- IMF

The Bangladesh economy will grow by 6.3 percent in the current financial year to end-June, the International Monetary Fund said on Monday, lower than the government target of 7 percent. IMF said Bangladesh’s growth is projected to accelerate gradually to 7 percent over the medium term, as public investment is further ramped up and constraints on investment ease, blue economywith private investment also supporting a recovery in private-sector credit. “Provided calm prevails, prudent policies remain in place, and ...

PBL greets BB Governor

Md. Abdul Halim Chowdhury, Managing Director and Chief Executive Officer(CEO) of Pubali Bank Limited has greeted Bangladesh Bank (BB) Governor Dr. Atiur Rahman for getting ‘Bangla BB GovAcademy Literature Award 2015’. Additional Managing Director of Pubali Bank Ltd. Safiul Alam Khan Chowdhury was also present on the occassion.

SJIBL signs deal with SSL Wireless

In order to introduce “SMS Alert Banking Service” for Shahjalal Islami Bank’s Clients, an agreement has been signed between Shahjalal Islami Bank Limited and SSL Wireless on 1st February 2016 at Bank’s Head Office. Under this agreement the Clients of Shahjalal Islami Bank Limited will get transaction related information by using mobile phones. The SMS Banking Service will enhance Shahjalal Islami Agreement with SSL Wireless JPG-2Bank’s image and service towards the customer...