Dhaka, Delhi close to start trading in taka, rupee Bangladesh and India have agreed to settle a part of bilateral trade transactions in their own currencies to ease pressure on dollar holdings. To facilitate the cross-country transactions, Sonali Bank and Eastern Bank will open accounts in two Indian lenders –
Read MoreBangladesh receives $958 million remittance in 2 weeks of April Bangladesh received $958 million in remittance in the first two weeks of April as Bangladeshis working abroad sent more money to families ahead of Eid-ul-Fitr. According to the Bangladesh Bank data, $134 million came through six state-owned banks in the
Read MoreDhaka Bank launches ‘eRin’ app Dhaka Bank recently launched an “eRin” app through which a customer can apply for an unsecured personal loan of up to Tk 50,000 for disbursement within two hours on banking days. Customer can apply for the loan 24 hours a week anywhere from Bangladesh without
Read MoreJapan proposes industrial hub in Bangladesh Japan has proposed developing an industrial hub in Bangladesh with supply chains to the landlocked northeastern states of India, and to Nepal and Bhutan beyond by developing a port and transport in the region, officials said on Tuesday. It comes after Japanese Prime Minister
Read MoreBanks allowed to open FC accounts for shipping cos, airlines The Bangladesh Bank on Tuesday allowed banks to open foreign currency accounts in the names of shipping companies, airlines and freight forwarders to support their global operations. The BB issued a circular in this regard on the day. The decision
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