UCB gets new policy-makers Chairman of Masco and Maxim Group. M A Sabur was unanimously elected as Chairman of United Commercial Bank Limited in an emergency board meeting held Thursday at the corporate head office of UCB while Mr. Anisuzzaman Chowdhury was elected as Vice-Chairman. He is also the Director

Southeast Bank to issue BDT5.0bn subordinate bonds The Bangladesh Securities and Exchange Commission (BSEC) has taken a set of decisions, including approval of non-convertible subordinate bond of Southeast Bank worth BDT 5.0 billion. The approval came a meeting held at the office of the BSEC in capital Dhaka on Tuesday

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.93% (Oct 04 ’18) 4.14% (Sep 30 ’18) 0.21% Call Money Lending (Crore BDT) 6,706.75 (Oct 04’18) 6,768.11 (Sep 30’18) 0.90% Prices Weighted Average Deposit Rate 5.36% (Oct ’18) 5.36% (Sep ’18) 0.00% Weighted Average Lending Rate 9.55%

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 5.08% (Feb 26’20) 5.09% (Feb 20’20) 0.01% Call Money Lending (Crore BDT) 2,089.65 (Feb 26’20) 2,452.52 (Feb 20’20) 14.79 % Prices Weighted Average Deposit Rate 5.70% (Feb ’20) 5.71% (Feb ’20) 0.01% Weighted Average Lending Rate 9.68% (Feb

Bangladesh Bank launches 2 short-term bills Bangladesh Bank on Tuesday introduced two short-term BB bills alongside the existing 30-day bill in a bid to make the liquidity management of the banking sector more effective and to implement the central bank’s monetary policy. The BB issued a circular to managing directors