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
Bank directors’ tenure likely to be raised The government is going to amend the Bank Company Act increasing the tenure of directors of private commercial banks to nine years divided in three terms. Besides, the private bank board can also have four members from an owner family as directors as
Read MoreInterest rate for lending cut to 9.7% in March Scheduled banks cut their rates of interest on lending further in March, the 27th month in a row, as the business people were reluctant to borrow from banks amid a dull business situation in the country, said Bangladesh Bank officials. The
Read MoreRemittance rises slightly in April Remittance flow to Bangladesh grew marginally in April from a month earlier as low oil prices, weak global economic growth and fiscal tightening in the Middle East continue to hurt the key source of foreign exchange. Some USD 1.1 billion flew in as remittance, up
Read MorePrivate sector credit growth picks up Private sector credit growth crossed the 16% mark for the first time in six months in March on the back of higher investment in government’s infrastructure projects and a surge in SME lending amid lower interest rate. In March, credit growth stood at 16.1%
Read MoreBanks request Bangladesh Bank for forex brokerage houses Scheduled banks on Sunday suggested that Bangladesh Bank should set up foreign exchange brokerage houses in the country so that they (banks) can sell and purchase foreign currencies at rational prices in accordance with market demand. The banks submitted the proposal at
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