Association of Bankers Bangladesh
Cases pile at Money Loan Court
The number of settlements in the Money Loan Court, the last resort for recovery of defaulted loans, is very low, even though the number of cases is piling up day by day. Due to this reason, the efforts for the recovery of the loan moneys are progressing at a snail’s pace. On the other hand, the defaulters are going scot-free through the loopholes of legal obligations.
ISPR requests not to get misled by rumours over security of St. Martin’s
Inter Services Public Relation Directorate (ISPR) has urged all not to be misguided by rumours spreading through social media over the security of St. Martin’s island centering Myanmar's ongoing internal conflict near the island.
BB fixes dollar price at Tk117, increasing by Tk7 in a day, due to IMF pressure
In the context of a dollar crisis continuing in the country for a long time, the Bangladesh Bank has fixed the official price of the dollar at Tk 117 per dollar in order to fulfill the loan conditions of the International Monetary Fund (IMF), according to central bank circular issued on Wednesday (May 8).