Foreign Loans Getting Costlier: BIBM

Increasing LIBOR rate and the appreciation of the greenback against the taka are putting pressure on Bangladeshi businesses that borrowed from foreign sources to meet their needs, according to a report of the Bangladesh Institute of Bank Management. If these pressures...

Quest for a Cashless Society Continues

Electronic or digital payments have been growing steadily in Bangladesh for the last several years, thus helping the country to boost revenue collection and reduce currency printing costs. A total of 180 crore transactions worth nearly Tk 23 lakh crore, which is six...