Banks happy as Loan-Deposit Ratio to stay unchanged The Central Bank yesterday backtracked from its decision to lower the loan-deposit ratio as it looks to alleviate the sector’s ongoing liquidity crunch and facilitate lower interest rate on lending. In a notice yesterday, the Bangladesh Bank said that Conventional Banks would
Read MoreThree Cos’ price fly sans PSI The share prices of three low-cap companies – National Tubes, Khulna Printing & Packaging and Gemeni Sea Food- are soaring without having any price sensitive information. Within one week, share prices of these companies soared between 12 per cent and 41 per cent, according
Read MoreUAE Investors want to develop five Economic Zones UAE-based Investors expressed their interest to take up a number of new projects, including five economic zones in Bangladesh, as the two nations look to take their bilateral relations to a new height. As many as 25 fresh investment projects were tabled
Read MoreSchool Banking receives big response with Tk 14.94 billion Deposits School Banking is gradually getting huge responses from the students across the country as deposits with the Banking Accounts was nearly Tk 15 billion [Tk 1,494 crore] at the end of June 2019, reports BSS. The Central Bank’s latest quarterly
Read MoreBB to give Banks Euro Loans from Reserves Bangladesh Bank is set to give loans to local Banks’ offshore Banking units [OBU] to offset the negative returns that it now gets for its liquid euro assets — a move that can be viewed as making the best out of a
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