Funds deposited by Bangladeshi citizens and banks with Swiss banks dropped 93.7 percent to 55.3 million Swiss francs (CHF) last year on the back of the pressure on the country’s foreign currency reserves.
Deposits of Bangladeshi banks, nationals with Swiss banks drop by 93 7% thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.
Bangladesh has started a discussion with Switzerland to develop a mechanism for exchanging information on funds deposited by Bangladeshi citizens in Swiss banks, to ensure that there is no confusion over the matter.
Bangladesh began discussions on developing a mechanism for exchange of information on funds deposited by the Bangladeshi citizens in the Swiss banks to ensure that there is no confusion over the matter.
The High Court today (August 14, 2022) observed that the statements made by the Switzerland ambassador, Bangladesh government, and ACC regarding seeking information on money deposited by Bangladeshis to Swiss banks are contradictory.