remittance to Bangladesh increased 21 percent year-on-year to $1.93 billion in November remittance to Bangladesh increased 21 percent year-on-year to $1.93 billion in November
Dhaka Bank PLC has secured a data centre certification with an impressive ANSI/TIA-942-B-2017 rating of 3 from international certification body Technavious Solutions Private Ltd on October 20.
The interest rate on overnight borrowing and lending in the inter-bank call money market hit 8.07 percent by the end of last week, the highest in more than a decade, reflecting a tight liquidity crunch in the banking sector.
The interest rate of treasury bills in Bangladesh has crossed a recent high of 10 percent, indicating that lending rates will rise further in the days ahead, according to bankers.
Excess liquidity in the banking sector of Bangladesh continues to fall despite lower credit demand ahead of the national polls and higher interest on deposits offered by banks to lure savers.