Weak taka cheers up remitters Remittance income rose 27.64 percent year-on-year to $1.21 billion in November, as the depreciation of the taka against the American dollar made sending money to Bangladesh more lucrative, according to data from the central bank. November’s inflows was also 4.47 percent higher than that of
Read MoreInvestment in NSCs soar to Tk 17,315cr in Jul-Oct Investment in national savings tools posted Tk 17,315 crore in July-October, growing from Tk 15,916 crore during the same period of the last year, as people continued to invest heavily in the tools because of low bank rates. According to the
Read MoreShahjalal Islami Bank tops transaction chart Shahjalal Islami Bank topped the Dhaka bourse transaction chart Wednesday while top 10 traded companies captured more than 27 % transaction s some directors of the bank purchased its shares in bulk which also led the bank’s share price to be more than doubled
Read MoreEleven banks served show-cause notices by Bangladesh Bank for selling USD at higher rates Bangladesh Bank yesterday issued show-cause notices to 11 banks for trading USD at prices higher than the inter-bank declared rates. The banks have been asked to reply to the notices within three days. The USD appreciated
Read MoreThree more banks coming up soon according to the Finance Minister Finance Minister said that the government is going to give license for establishing three more banks, ruling out any mess in the country’s banking sector. Defending the government move for allowing more banks in business, the Finance Minister said
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