Dhaka Bank signs deal with Regent Airways Regent Airways has signed an agreement with Dhaka Bank Limited at Retail Business Headquarters of the bank in the city recently, according to a statement. Under the agreement, Dhaka Bank credit and debit cardholders will enjoy 10 per cent discount on base fare
Read MoreAl-Arafah Bank to issue bond of Tk 5.0b The board of directors of Al-Arafah Islami Bank has decided to issue Mudaraba Subordinated Bond worth BDT 5.0 billion to strengthen its capital base, said an official disclosure. The “AIBL 2nd Mudaraba Subordinated Bond” will be issued to strengthen Tier II capital
Read MoreSubmit action plans to bring down ADR limit: Bangladesh Bank asks banks The central bank has asked the banks to submit their specific action plans to its department concerned by April 30 to help bring down the advance-deposit ratio (ADR) limit at required level, officials said. The banks, having the
Read MoreRaise savings tools’ investment ceiling Government secretaries have requested the finance minister to raise the ceiling on investment in savings tools to help them during their old age. They made the request at a pre-budget discussion. Presently, a government official can invest up to 45%of his or her retirement benefits
Read MoreNo cut in yield rates on savings tools: NBR chief National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan said the government has no plan to reduce the yield rates on state-owned savings certificates. “We will try to keep unchanged the existing rates of yield on government’s savings instruments to
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