Business

sticks fail to disburse tar constructed agri-loans Twelve banks lag far poop their target in disbursement of agri-loan in the first septette months of the current fiscal year. Three of the banks did not disburse every fund at all in the period. The banks were supposed to lurch Tk 12,617 crore, but they spent only Tk 66.93 crore in the period whereas former(a) banks except these 12 disbursed around 63 percent of their targets, on average. Bangladesh edge Deputy Governor Murshid Kuli Khan met with high officials of those banks yesterday, and say them to take steps to disburse the loans in the remaining v months to fulfill the target. According to BB statistics, Commercial affirm of Ceylon, Eastern situate and ICB Islami Bank failed to disburse any loan although their targets were Tk 26.25 crore, Tk 30 crore and Tk 10 crore respectively. The loans that the rest nine banks disbursed were also below their target. Of them, City Bank disbursed Tk 1.02 crore against its target of Tk 111.65 crore, Pubali Bank Tk 8.72 crore against target of Tk 227 crore. Trust Bank disbursed Tk 8.66 crore against Tk one hundred fifty crore, Mutual Trust bank Tk 17.29 crore against Tk 200 crore, and Mercantile Bank Tk 6.04 crore against Tk 47 crore. Shahjalal Islami Banks target was Tk 65 crore, but it disbursed Tk 6.

86 crore whereas randomness East Bank spent Tk 4.02 crore against Tk 40 crore, Basic Bank Tk 14.08 crore against Tk 63 crore. Woori Bank, Bangladesh disbursed Tk 0.24 crore against its target of Tk 1 crore. Bangladesh Fund awaits SEC nod The state-run enthronement Corporation of Bangladesh (ICB) yesterday sought compliment from the Securities and Exchange missionary post for the Bangladesh Fund, which was created to restore confidence to the troubled market. After getting approval from the commission, the fund will be invested in the market, said Khairul Hossain, death chair of ICB and also the organizer and manager of the fund. It is an open-ended mutual fund. It may swell to a size larger than Tk... If you want to get a full essay, order it on our website: Orderessay

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