The fee will be Tk 20 for payments of up to Tk 25,000 and Tk 50 for up to Tk 50,000
After remaining above the $20 billion mark for just three days, Bangladesh's foreign currency reserves dropped to $18.46 billion after the country paid its regional import bills on October 9.
However, the Indian currency avoids sharp losses on central bank's intervention
“Similar to past political centralisation, we’ve also seen a concentration in the financial sector,” Mansur said at the “3rd Bangladesh Economic Summit 2024: Inequality, Financial Crimes, and Healing Bangladesh’s Economy,” held at Pan Pacific Sonargaon Dhaka
Orange bonds are a cross-cutting asset class designed to invest in gender equity and climate action
Lower deposits caused its cash flow to turn negative
However, the bank made a profit of Tk 267 crore in the Jan-Sep period
Failure to recover loans from defaulters caused the rise in losses
Robust investment gains and rising commissions led to a jump in profit
It is the lowest expansion in the four quarters of 2023-24 fiscal year
The bank also made a profit of Tk 49.80 crore in the January to September period, posting a 16 percent increase year-on-year
The decline in NOCFPS was primarily due to increased investments in customers and a fall in deposits
“This is the largest, most significant bank robbery by any international standard,” he said
The bank also saw improved cash flow from core operations
Higher investment income and lower expenses drive the bank’s profit growth