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RIL Money and Banking
  • January 21, 2024
  • by admin
  • 0
  • 10:45 am
RIL Money and Banking – The Factbook of BD Financial Market

Broad money accelerated by 8.6% growth (YoY) to BDT 18,894 bn at the end of Nov 2023 as against the projected growth of 9.5% for Dec 2023. BB sets the broad money target 9.70% for H2FY24.
Private sector credit growth slowed by 9.9% (YoY) in November 2023, mainly because of continuous hike in policy rate, liquidity crunch in banking system, and global economic uncertainty. Consumer Price Index (CPI), reached at 9.41% in Dec 2023, compared with 9.49% in the previous month. Amid hawkish monetary policy and stable fiscal stance, BB projected inflation to 7.50% (YoY) for H2-FY24.

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  • November 6, 2023
  • by admin
  • 0
  • 4:16 am
Banking Sector Review

At the end of 2022, total assets in the banking sector increased by 7.50% and stood at BDT 21,962 billion, which was 10.99% in end of 2021. Total loans and advances escalated by 13.45%, and stood at BDT 15,026 billion at the end of 2022.

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Equity coverage on ACMELAB
  • October 12, 2023
  • by admin
  • 2
  • 8:51 am
Equity Coverage on ACME Laboratories Ltd.

ACMELAB was founded in 1954 as a proprietorship firm that was converted to a private limited company namely ACME Laboratories Limited (ACMELAB). Currently, ACMELAB manufactures more than 800 branded generic products covering broader therapeutic categories .

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