Dhaka and Chattogram divisions account for more than 80 per cent of the total deposits in the banking system thanks to a large flow of savings from state-run enterprises and higher economic activity.
The central bank has asked banks to take a minimum cash advance from importers while opening letters of credit (LCs) for essential commodities as it looks to keep their prices at a tolerable level during Ramadan and ensure smooth supply.
Dhaka Bank and Ananta Real Estate signed an agreement in Dhaka recently over payroll services and other products such as interest or profit bearing accounts, loans and credit cards on preferential terms for the latter’s employees.