Depositors up in arms over 6pc Interest Anxiety gripped Ahmed Kabir the instant he learnt from the morning paper yesterday that the government has decided to fix a uniform interest rate for all types of deposits from April 1. The Cox’s Bazar native got 9-9.5 percent interest against them, enough
Read MoreCut in Lending Rates to 9.0pc from Apr 01 Top managements of the country’s banks, particularly the private commercial banks (PCBs), have agreed to bring down their interest rates on all loans, except on credit cards, at 9.0 per cent from the existing level from April 01, 2020, instead of
Read MoreStocks keep gaining as year-end nears Stocks extended the gaining spell for the second straight session on Sunday as bargain hunters continued to show their buying interest on sector-wise issues ahead of year-end. The investors were active from the beginning of the session and the upward trend continued till the
Read More2019: Lacklustre year for IPOs Low-cap companies have dominated the initial public offerings, or IPOs, in the outgoing year in what was a bearish market. A total of eight firms raised Tk 5.52 billion combined, including premium, by floating IPO shares in 2019, according to the Dhaka Stock Exchange, DSE.
Read MoreBB signs MoU with ICT Division The ICT Division and Bangladesh Bank [BB] signed a Memorandum of Understanding [MoU] on Monday, aiming to implement an ‘Interoperable Digital Transaction Platform [IDTP]’ in order to accelerate FinTech and digital financial inclusion. BB Deputy Governor Ahmed Jamal and senior secretary of ICT Division
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