Government earnings from DSE soar 174.0% in Q1 The government revenue earnings from the Dhaka bourse marked a 174.0% rise in first quarter (Q1) for July-September period of the current fiscal year compared to the same quarter a year ago as trading volume was on the rise. Market insiders said
Read MorePrivate sector credit growth rises notably, crosses target Private sector credit growth increased significantly in August mainly due to higher trade financing by banks for settling import payment obligations, officials and bankers said. The growth in credit flow to private sector rose to 17.84% in August 2017 on a year-on-year
Read MoreSuspend suspicious agents: BB Bangladesh Bank (BB) has asked 17 banks providing mobile financial services to suspend agents who are suspected of being involved in dubious transactions. The Bangladesh Financial Intelligence Unit (BFIU), the central bank’s anti-money laundering wing, gave the order on September 26. A BB official told The
Read MoreInterest rates on bank deposits increase Interest rates on bank deposits increased further following higher credit growth particularly in private sector, officials said, citing latest disclosure. The weighted average interest rate on deposits rose to 4.93 per cent in August 2017 from 4.89 percent in July, according to the central
Read MoreSept remittance hits 84-month low The inflow of remittance in September this year registered US$853.73 million, which was lowest in seven years. It was around $838 million in September 2010, according to the central bank figures. The remittance fell by $564.85 million or more than 39 per cent from the
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