A refurbished framework of offshore banking raises hope for repleting Bangladesh's depleting foreign-exchange reserves as commercial banks started enjoying good response, especially from the countries...
Question (Q): Why will customers invest in your offshore banking products?Answer (A): BRAC Bank provides safety to the depositors as the bank maintains highest standard...
Offshore Banking Act 2024 enacted by Bangladesh Parliament with aim to reinforce the nation's foreign currency reserve and attracting foreign investment. It has the capacity...
Offshore Banking refers rendering separate banking services in foreign currencies within the bank following separate laws and regulations of the Regulatory bodies. Offshore Banking is...
The recent expansion of operational freedom for offshore banking is potentially leading to notable successes, particularly in enhancing the country's foreign exchange reserves and attracting...
We are receiving very positive responses from both residents and non-residents residing in different countries. We are expecting to receive a significant amount of FC...
Offshore banking until recently has not been an issue of importance in Bangladesh. Banks did not pay any notable attention to this particular aspect of...
Offshore Banking was introduced in Bangladesh by Bangladesh Bank on December 17, 1985 through a circular. Since then, offshore banking has been in Bangladesh as...
In Bangladesh, offshore banking started in the mid-1980s, targeting to serve foreign-owned enterprises in Export Processing Zones (EPZs) initially. Over time, the sector has expanded...
Question (Q): According to Bangladesh Bank's new circular, what steps have you taken regarding offshore banking?Answer (A): Social Islami Bank PLC has launched the Mudaraba...
Talks about transforming the country into a Smart one through proper digitization are becoming increasingly louder. While progressing towards that goal, it is necessary to...
The focus of this year's World Environment Day (WED), as we see clearly, is on recovering degraded land and restoring the world for future generations....
The Bangladesh Government has set ambitious targets to ramp up renewable energy integration in Bangladesh. Bangladesh intends to reduce carbon emissions by 6.73 per cent...
The theme for World Environment Day 2024 is "Land Restoration, Desertification, and Drought Resilience." This year emphasises the critical importance of restoring degraded lands, combating...
Steel is an essential raw material in fast growing Bangladesh. As villages evolve into towns and cities expand, the pace of construction increases, so too...
For the first time in the country, the National Bank Limited has introduced an Umrah card under the Mastercard branded multi-currency prepaid card. The inauguration...
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