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The Bangladesh Bank has instructed financial institutions to present a clearer picture of their actual liquidity status starting next month. In a circular sent to the chief executives of finance companies, the central bank stated that although firms are required to submit monthly liquidity reports, the data currently provided fails to reflect their true position. With expanding investment avenues now available, companies have greater opportunities to grow. However, the lack of accurate liquidity reporting is obstructing proper risk assessment. To address this, a new reporting format has been developed by Bangladesh Bank. Finance companies will now be required to submit detailed liquidity information using this format. Each month’s data must be submitted to the central bank by the 7th of the following month.
The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.