Banks asked to set up FDI help desk at key branches Bangladesh Bank has instructed the commercial banks to set up FDI help desk at their key branches for boosting foreign direct investment in the country. The BB on Tuesday issued a circular to all banks asking them to set
Read MorePubali Bank, Padma Oil, IFAD Autos placed in DS30 The Dhaka Stock Exchange has reshuffled its two indices — DS30 and DSEX — as part of its half-yearly rebalancing of the indices, with an effect from July 23.Pubali Bank, Padma Oil and IFAD Autos Limited have made their way to
Read MoreBanking, business majors’ profits boost corporate tax Increased profits netted by major commercial banks and big companies yielded higher revenues for government exchequer by over 7.0 per cent in the immediate-past fiscal.Officials said the corporate-tax collection by the Large Taxpayers Unit (LTU) under income tax wing of the National Board
Read MoreBanks asked to help flood-hit people Bangladesh Bank on Wednesday requested all banks and non-bank financial institutions to extend their assistance for rehabilitation of the flood affected people under the corporate social responsibility programme. The BB issued a circular to managing directors and chief executive officers of all banks and
Read MoreGovt’s FY17 bank borrowing logs negative Tk 18,029cr The government’s net bank borrowing registered negative Tk 18,029.10 in the just-concluded fiscal year 2016-17 due to massive investment on national savings certificates, Bangladesh Bank officials said. But the government made a huge amount of borrowing worth Tk 16,900 crore from the
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