B’desh becomes 21st most attractive global offshoring destination Bangladesh becomes the twenty-first most attractive offshoring destination in the world and the ninth best-outsourcing hub in Asia as per a global rating of skilled services location. Such grading of nations came in the latest edition of the Global Services Location Index
Read MoreThree-fourth bankers favor merger of banks: Bangladesh Institute of Bank Management (BIBM) study Some 72.0% bankers are in favor of reducing the number of banks in Bangladesh through merger or acquisition as their number is high given the size of the economy, according to a survey. About 88.0% of the
Read MoreFinance ministry reviews legality of disclosing names of loan defaulters in media The Financial Institutions Division of the Ministry of Finance is currently reviewing the legal aspects of disclosing the names of top loan defaulters in the country. The names would be published as advertisements in daily newspapers, as a
Read MoreBB sells $25m to two banks as demand grows The central bank sold $25 million more to two commercial banks directly on Tuesday to meet the growing demand for the greenback in the market, officials said. “Today, we’ve sold the US currency to the banks at market rate to settle
Read MoreBB instructs banks not to reject foreign cheques or drafts Bangladesh Bank has asked banks not to send back clients who present foreign cheques and bankers’ draft with the view to arranging smooth repatriation of returning migrant workers’ additional job benefits. Typically, migrant workers get their added job benefits like
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