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
Current account deficit continues to widen The current account deficit reached $1.8 billion in the first ten months of the fiscal year on the back of the sliding remittance inflow and the slow export growth.In contrast, it was $3.53 billion in the surplus a year earlier, according to the central
Read MoreNon-concessional loan, suppliers’ credit to mark sharp rise Non-concessional loans and suppliers’ credit would get a high growth to take the overall foreign credit to $7.1 billion in the new fiscal, $3 billion higher than the amount the country received in the outgoing fiscal. Officials concerned said a significant amount
Read MoreReview cap on credit card interest About 70.0% of credit card-users pay off their loans before incurring any interest, leaving banks to rely on the remainder to make profits, said bankers. The proposed 5.0% cap on interest rate of consumer loans will take a toll on earnings, as the cost
Read MoreBASIC, eight more banks, FIs to get Tk 20 billion The government is going to grant Tk 10 billion to the scam-hit BASIC Bank to meet its capital shortfall, once more. Besides, officials said, five state-owned banks (SoBs), one private bank, a specialised financial entity and restructured Grameen Bank (GB)
Read MoreAgent banking getting popular with remitters Remittance inflow through agent banking rose significantly in the first quarter of 2017 as the service is increasingly gaining ground thanks to its cost-effectiveness. Banks received BDT 2.6 billion from January to March through agent banking channel whereas the network brought home BDT 309
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