The Gross Domestic Product (GDP) growth rate in the country in the last fiscal year (FY22) reached a healthy 7.10 percent braving the shocks from the COVID-19 pandemic and the Russia-Ukraine conflict. The GDP growth rate in the country in FY21 was 6.94 percent up from 3.45 percent notched in
Tag: FY22
GP reports revenues worth Tk 150.4b for FY22
Grameenphone Ltd. has reported total revenues of Tk 150.4 billion (15,040.35 crore) for the fiscal year of 2022, registering a year-on-year growth of 5.1 percent, a press release said Tuesday. Due to a regulatory ban on the sale of sim cards during the second half of the year, the company registered
BHBFC classified loans down to 4.72 in FY22
Bangladesh House Building Finance Corporation (BHBFC) reduced its classified loans to 4.72 percent in fiscal 2021-22, which is the lowest among state-owned banks and financial institutions, a press release said Wednesday. BHBFC Managing Director (MD) Md. Afzal Karim said it has become possible for effective monitoring and supervision at all levels. BHBFC