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Senior Secretary, Ministry of Finance Mahbub Ahmed and Controller General of Accounts Amir Khashru signing a deal of APA 2016-2017 recently. Under the deal, they agreed for government digitalised accounting system, pre- audit and on line billing system.

11 Jul 2016, 12:00 am0

High non-performing loans must drop

Special Correspondent :Bangladesh needs to improve financial sector governance — especially in order to reduce high non-performing loans of banks — to continue pace of growth in Gross Domestic Product (GDP) annually, the World Bank (WB) said on Tuesday. Non-Performing Loans (NPLs), which reached 10.4 percent of all loans of the banking sector in the fiscal year (FY) 2018, are concentrated disproportionately in the six state-owned commercial banks that accounted for 48 percent while 40 private commercial banks together shares...

3 Oct 2018, 12:00 am