TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
Rate last updated: 02/01/2014 11:15:04 AM
BB issues new rules on hiring CFO, CITO for banks The central bank has introduced a new set of regulations on appointment of chief financial officer (CFO) and chief information technology officer (CITO) of the banks to ensure good governance in the banking system. Under the new regulations, minimum 12
Read More57 banks charging double digit interest rates All 57 commercial banks in the country are charging double digit interest rates on loans from businesses, Bangladesh Bank (BB) says. Some banks are charging more than 15% interest rates on industrial loans, the central bank said in a report published in February.
Read MoreCredit binge squeezes banks’ liquidity The overall excess liquidity with the country’s banks shrank by nearly 18 per cent or Tk 154.61 billion by January, mainly for a lending binge against a deposit dearth. Selling the US dollar by the central bank also contributed to the trimming of their excess
Read MoreBanking sector sees rise of millionaire depositors In just one year, the banking sector has seen a massive rise in millionaire depositors. There are 5,834 more millionaire depositors in the sector compared to the previous year. Before, the number was 62,038; currently it is 67,872. The information comes from the
Read MoreNew cashless payment system in the offing Bangladesh is moving one step closer to being a cashless society after the central bank gave the go-ahead to a company to facilitate payments between parties through online fund transfers. Called the iPay, the fintech startup’s system will function like Paypal, which operates
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