Bangladesh Bank (BB) has issued guidelines on agent banking seeking applications from the commercial banks to start such banking business in the country.
The commercial banks will now be allowed to introduce agent banking for strengthening their ongoing financial inclusion programme through bringing un-banked people into the banking channel, reports the Financial Express (FE).
“We’ve introduced the guidelines aiming to provide regulatory framework for the agent banking which will create an enabling environment for offering safe financial services to the new target group,” BB Executive Director Das Gupta Asim Kumar told the FE.
He said people, who are living in remote and hilly areas, would avail banking services including...
DAILY ECONOMIC INDICATORS OF BANGLADESH
Sunday Previous
Taka/US $ (inter-bank) 77.75-77.75 77.75-77.77 Call money rate (inter-bank) 06.25-08.00 05.50-08.00 Dhaka Stock Exchange index 4,302.56 4,277.39
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MONTHLY
CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Nov. 7.15 7.03
M2 supply (bln taka) (BB) Sept. 6,267.23 6,199.89 Forex reserves ($bln)(BB) Nov. 17.11 17.35
Exports(FOB) ($...
Etihad Airways, the national airline of the United Arab Emirates (UAE), has secured highest honour at this year’s World Travel Awards for the fifth year in a row.
At a ceremony in Doha, Qatar on Sunday, Etihad Airways achieved this stunning success and was crowned the prestigious title of World’s Leading Airline, World’s Leading First Class and World’s Leading Airline Cabin Crew.
Etihad Airways, the national airline of the United Arab Emirates (UAE), has achieved stunning success at this year...
The Bangladesh High Commission in Singapore has refuted the news reports appeared on a section of media and news involving a Bangladeshi worker in a bus accident in Singapore commenting ‘is not based on facts’.
In a statement on Monday morning, The Bangladesh High Commissioner Mahbubuz Zaman also rejected reports that the incident was fuelled by a bus accident involving a Bangladeshi worker.
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Officers from the C...
Are border enclaves - surrounded by foreign land - part of a country’s territory? Or are they merely properties owned by a country on foreign shores populated by mostly poor and unlettered people devoid of legal identity? With the India-Bangladesh enclaves triggering diplomatic issues, an organisation is moving court seeking an answer.
The Bharat-Bangladesh Enclave Exchange Coordination Committee (BBEECC), an organisation fighting for the rights of thousands of “stateless” enclave dwellers, will approach the Indian Supreme Court on the constitutional status of the 111 Indian enclaves in Bangladesh and 51 Bangladeshi enclaves in India, which have a cumulative population of over 51,000.
Robi Axiata Ltd, in partnership with the Bangladesh Army, announced the creation of the world’s biggest Bangladesh Flag, to be revealed at the National Parade Ground, Sher-E-Bangla Nagar, on Victory Day.
This incredible attempt will start on the morning of 16
th December with nearly 30,000 volunteers who will help to create the flag.
Each person will hold up a coloured placard and the 30,000 people will collectively create the largest flag in world and shatter a standing Guinness World Record. The main objective of this event is not only to celebrate Victory Day this year but also show the world the inner strength and unity of the people of Bangladesh, says a press release.
