Governor John Rolle said yesterday that commercial bank credit growth accelerated significantly last year by nearly $350 ...

On 28 January 2024, the central bank signed a one-sided contract with private firm Velwire Limited, owned by Zareef Hamid and a US-based firm named Prime Holdings LLC, for Binimoy's operations. Zareef ...

Private sector credit growth decelerated to its slowest pace in at least 11 years due to uncertainty in the investment environment following the recent political changeover.

This growth is well below the central bank’s target of 9.8% for the first half of FY25, slightly lower than last year’s projection ...