Search results
Results from the WOW.Com Content Network
This is a list of countries by annualized interest rate set by the central bank for charging commercial, ... Bangladesh: 6.50 0.50: 1 July 2023 [13] 5.58 0.92
Interest rate target: 8.50% (8 May 2024) ... Bangladesh Bank (Bengali: ... 20 March 2016 – 3 July 2022 12 Abdur Rouf Talukder:
Bangladesh Saving Certificates- This five year saving scheme provides return of around 12.2% at maturity with varying degree of returns for premature withdrawal depending on the duration of investment. Maximum allowable investment in this scheme is capped to Tk 30,00,000/- for individual investors and Tk 60,00,000/- for joint investors.
The bank grew significantly between 2003 and 2007. As of January 2022, the total borrowers of the bank number nearly 9.5 million, and 96.81% of those are women. [8] In 1998, the Bank's "Low-cost Housing Program" won a World Habitat Award. In 2006, the bank and its founder, Muhammad Yunus, were jointly awarded the Nobel Peace Prize. [9]
Commercial bank prime lending rate Date of information 1 Madagascar: 64.00: 31 December 2017 est. 2 Brazil: 10.50: 08 May 2024 3 Congo, Democratic Republic of the: 35.90: 31 December 2017 est. 4 Syria: 33.30: 31 December 2017 est. 5 Gambia, The: 30.60: 31 December 2017 est. 6 Tajikistan: 30.00: 31 December 2017 est. 7 Ghana: 8 Mozambique: 27.00 ...
Major General Aziz Ahmed was the first chairman of the Bank and he was replaced by Major General Abul Hossain on 2 November 2016. [11] In 2020, Shimanto Bank had 12.09 billion taka in deposits. [12] In August 2021, Bangladesh Bank issued a show cause notice to Shimanto Bank PLC and nine other banks for having a low interest rate on their ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 January 2025. Economy of Bangladesh Motijheel C/A, the downtown of Dhaka Currency Bangladeshi taka (BDT, ৳) Fiscal year 1 July – 30 June Trade organizations SAFTA, SAARC, BIMSTEC, WTO, AIIB, IMF, Commonwealth of Nations, World Bank, ADB, Developing-8 Country group Developing/Emerging Lower-middle ...
Offshore Banking Operation (OBO) was first introduced by Bangladesh Bank in 1985 through a circular for allowing active foreign financing at Export Processing Zones (EPZs). Banks operated the services with Bangladesh Bank approval without any separate law for an offshore banking system until the enactment of the Offshore Banking Act, 2024.