$

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

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Rate last updated: 02/01/2014 11:15:04 AM

Important Business News Extracts October 16 2016

Government bank borrowing turns negative in Q1 The government’s net borrowing from the banking sector turned negative in the first quarter of this financial year because of a surge in the net investment by clients in the national savings certificates and bonds. According to the latest Bangladesh Bank data, the

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Important Business News Extracts October 13 2016

Britain’s FCA fines Sonali Bank UK branch $4.04m Bangladesh’s Sonali Bank’s UK branch has been fined £3.25 million (US $4.04 million) for anti-money laundering failings. Britain’s Financial Conduct Authority (FCA) slapped the fine on the state owned bank of Bangladesh for its failures in anti-money laundering controls. Sonali Bank (UK),

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Important Business News Extracts October 10 2016

Bangladesh Bank seeks info on banks’ investment in commercial papers The central bank has asked all commercial banks to provide information about their investment in commercial papers (CPs) and relevant other issues by October 30, to check if any risk is involved. “We’ve already sent a letter in this connection

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Important Business News Extracts October 09 2016

Bank rate cut to 10.2% in August Country’s scheduled banks cut their rates of interest on lending further in August, for the 20th month in a row, against the backdrop of the businesses’ persistent reluctance to borrow from banks due to a sluggish business situation, said Bangladesh Bank officials. BB

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Important Business News Extracts October 06 2016

Investors upbeat on large cap sectors The Dhaka bourse Wednesday continued its gaining streak for the third consecutive session riding on investors’ buying spree on the ‘lucrative’ large cap sectors. On the day the Dhaka Stock Exchange (DSE) opened with a very positive mood and gained almost 16 points within

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