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Bangladesh key economic indicators – Nov 14

DAILY INDICATORS

Wednesday Previous Taka/US $ (inter-bank) 77.75-77.76 77.75-77.7525 Call money rate (inter-bank) 06.00-08.00 06.00-08.00 Dhaka Stock Exchange index 4,212.72 4,197.71 ------------------------------------------------------------ indicatorMONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Oct. 7.03 7.13 M2 supply (bln taka) (BB) Sept. 6,267.23 6,199.89 Forex reserves ($bln)(BB) Oct. 17.35 16.15 Exports(FOB) ($mln)(BB) Sept. 2,590.24 2,031.44 Impo...

Mobile banking users cross 10m mark

Mobile banking users in the country crossed 10 (one crore) million mark from 0.5 million in April this year. mobile bankiongAccording to Bangladesh Bank (BB), the number of mobile banking accounts stood at 10.235 million (1 crore 2 lakh 35 thousand) on November 11 with more than 100 percent rise in seven months. "The phenomenal rise in mobile banking would play significant role in financial inclusion," the central bank in a press release said Wednesday. Introduced in 2010, mobile banking has become a major tool of many banks to take t...

Students urged not go to brokers for US visa assistance

Consul General of the US Embassy in Dhaka Jamie Fouss on Thursday suggested Bangladeshi students interested to study in the United Sates not to go to brokers for assistance and refrain from submitting false statements saying it may permanently damage a student’s opportunity to study there. “I want to leave you with this strong message for both visitors and student visa applicants. No one should ever pay a broker for a guaranteed visa. These brokers can’t deliver,” he told reporters at a press conference at the American Centre. Fouss said false stories and fake documents often end up with a refusal and a permanent mark against the applicant, reports UNB.

IBBL opens branch in Golapganj

Islami Bank Bangladesh Ltd (IBBL) has opened a new branch at Golapganj, Sylhet. Mohammad Abdul Mannan, Managing Director of the bank inaugurated the branch of the Bank as its 283rd branch on Thursday. GolapgonjProf Shafiqur Rahman Chowdhury of Shahjalal Science and Technology University, Prof Dr. Mawlana Md. Abdus Samad, Member Shariah Supervisory Committe and teacher of Islamic University Chittagong, Dhaka Campus, Md. Abdur Rahman Banarjee, Executive Vice President and Head of Sylhet Zone, Dr M. Kamal Uddin Jasim, Senior Vice President and H...

AIBL holds induction course on Islamic Banking

A 3 day long training course heading “Induction Course on Islamic Banking” held at Al-Arafah Islami Bank Training & Research Academy recently. 20131114-AIBL Training PressManaging Director of the Bank Md. Habibur Rahman inaugurated the course as chief guest, says a press release. Among others, Principal of AIBTRA Md. Zahid Hasan was also present in the occasion. Senior Esecutive Officer, Executive Officers and Officers of selected branches of the bank took part in the course.

UCBL signs deal with DEX International UK

United Commercial Bank Ltd (UCBL) signed an agreement for remittance arrangement with DEX International UK recently at the Corporate Head Office of UCB. The agreement was signed aiming to remit the hard earned money of Bangladeshi expatriates through banking channel. DSC_0578Muhammed Ali, Honourable Managing Director of UCB and Asmat Ullah Butt, Director, DEX International UK signed the agreement on behalf of their respective organizations, says a press release. Among others Additional Managing Director of UCB M. Shahidul Islam; Senior Ex...
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