Banks get a boost from Eid sales thru’ credit cards Banks are offering discounts on home appliance purchases through credit cards this Eid-ul-Azha as they look to cash in on the shopping frenzy surrounding the religious festival. Typically around the time of Eid-ul-Azha, the demand for refrigerators and freezers soars,

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 4.27% (Sep 19 ’18) 4.24% (Sep 11 ’18) 0.03% Call Money Lending (Crore BDT) 7,100.20 (Sep 19 ’18) 8,060.33 (Sep 11 ’18) 11.91% Prices Weighted Average Deposit Rate 5.4% (July ’18) 5.5% (June ’18) 0.10% Weighted Average Lending

Taka Bond ready to raise $10m from London Mkt Bangladesh is going to float a taka-denominated bond for the first time on the London Stock Exchange next month to raise funds for the local private sector, according to officials on Saturday. The International Finance Corporation [IFC], a sister concern of

Net use Cost escalation feared The cost of internet services at the consumer end might go up by 40 per cent unless the government reduces VAT on its value-chain services, according to industry insiders. The overall cost has gone up by 36 per cent as the rebate provisions have been

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.83% (Dec 11’19) 3.85% (Nov 21’19) 0.52% Call Money Lending (Crore BDT) 5,791.79 (Dec 11’19) 6,193.97 (Nov 28’19) 6.49% Prices Weighted Average Deposit Rate 5.60% (Aug ’19) 5.60% (Aug ’19) 0.00% Weighted Average Lending Rate 9.60% (Aug ’19)