Conversion of BDT allowed for remittance incentives
The central bank allows conversation of local currency for paying 2.0 per cent cash insensitive without submitting any documents
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Category: Banking
Bangladesh ups home loan limit to BDT 20m
The central bank of Bangladesh rises the home loan limit to BDT 20 million from BDT 12 million in view of high prices of construction materials
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BB slashes interest rates on EDF loans to boost exports
Bangladesh Bank slashes interest rates on loans under the Export Development Fund (EDF) scheme by 1.0 percentage point to facilitate exporters
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BB expedites forex support to banks
The central bank expedites foreign currency support to the commercial banks to help settle their import payment obligations, particularly for oil
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BB to review performance of BKB, RAKUB today
BB is set to review the progress in the implementation of the memorandums of understanding and key financial indicators of the BKB and RAKUB today
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Committee to make short-list soon to hire BB DG
The government-formed search committee for appointing a deputy governor of the BB will prepare a short-list from 22 applicants shortly
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Forex reserve falls to $31.60b after ACU payment
Bangladesh has made a routine payment of US$987 million to the ACU against imports during the September-October period of this calendar year
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Bangladesh to form banking commission soon
The government agrees to form a banking commission to review the health of the sector and take necessary reforms in line with demand of different quarters
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Bangladesh receives over $6.0b remittance in four months
The inflow of remittances cross US$6.0 billion in four months of FY 20 as the government started providing incentive to the beneficiaries against inward remittance
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Pressure on Bangladesh forex market may intensify
The ongoing pressure on the country’s foreign exchange market is likely to intensify this month as the export earnings may fall further in October
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Govt. set to borrow BDT 55b from banks for Nov
The Bangladesh government is set to borrow a net BDT 55 billion from the banking system for the month of November to partly meet its budget deficit
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Govt. bank borrowing set to jump in December
Dhaka, Bangladesh (BBN) – The amount of bank borrowing is set to jump in December as the...
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