$

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 July 14 2016

Bank interest spread widens Overall interest-rate spread in the country’s banking sector widened further in May as commercial banks cut interests on deposits deeper than that on lending. The weighted average spread between lending and deposit rates offered by the commercial banks rose to 4.9% in May 2016 from 4.9%

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Important Business News Extracts July 13 2016

Inflation dips to 12-year low Average inflation in the just-concluded financial year (FY) recorded a 12- year low at 5.92%, official data showed, leaving this major macroeconomic indicator in a comfortable zone. The year-on-year average inflation in the FY2003-04 was the lowest at 5.83%, Bangladesh Bureau of Statistics (BBS) officials

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Important Business News Extracts July 12 2016

Remittance falls 2.6% last fiscal The country counted a 2.6% fall in inward remittances in the just-concluded fiscal year principally for slower development activities in the Middle East. According to the central bank statistics, released Monday, the inflow of remittances came down to USD 14.9 billion in the FY 2015-16

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Important Business News Extracts July 11 2016

Government bank borrowing set to rise in July The government is set to borrow significantly high amounts from banks in July for adjusting higher expenditure in June and part financing of its budget deficit for the current fiscal. Officials said the borrowings from the banking system could run up to

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Important Business News Extracts July 10 2016

Operating profits of PCBs show upturn Operating profit of the country’s private commercial banks (PCBs) showed an upturn in the first six months of the current calendar year. Of the 39 PCBs, 13 marked an upward trend in operating profits while only one witnessed a downturn, according to provisional data

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