Many listed Banks’ EPS see moderate rise in 2018 Most of the listed banks, which so far disclosed financial statements, have witnessed moderate rise in earnings per share (EPS) in 2018 compared to previous year. As per the officials, the banks which kept provision in 2017 were able to witness

DSE for hiking tax-free dividend income ceiling The management of Dhaka Stock Exchange urged the National Board of Revenue (NBR) to increase tax-free dividend income limit to BDT 100,000 from existing BDT 25,000 to rejuvenate market. Considering the present market scenario, small investors should be allowed for tax exemption up

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.72% (April 13 ’17 3.74% (April 06 ’17) 0.02% Call Money Lending (Crore BDT) 6,330.00 (April 13 ’17) 6,032.00 (April 06 ’17) 4.94% Prices Weighted Average Deposit Rate 5.08% (Feb ’17) 5.13% (Jan ’17) 0.05% Weighted Average Lending

Four companies launch int’l remittance receiving service MasterCard, Western Union, bKash, one of the world’s leading mobile financial service (MFS) providers and BRAC Bank Sunday launched a unique, international remittance receiving service in Bangladesh. The new service enables bKash’s registered customers to use their mobile phones to receive remittances from

Provision against unclassified credit card loans relaxed The central bank has lowered the ceiling of general provision against all unclassified credit card loans to 2% from 5%. Bangladesh Bank issued a circular in this regard on Sunday for all scheduled banks across the country. The circular will come into force with an