This morning we celebrate the year 1971. The middle-aged citizen of today is no more the youth of yesterday. The freedom we enjoy in these...
The present-day Feni district was a subdivision under Noakhali district during the liberation war. It had a huge strategic importance during the war, as both...
There is no doubt that public infrastructure system that includes transport links, power and energy, telecommunications, digital networks, water and sanitation, and social services, such...
Bangladesh is a Low-Emitting Energy Poor (LEEP) country, with a per capita energy consumption of just 465 kWh (Kilowatt hour) per year, compared to the...
In countries like Bangladesh ensuring the availability and quality of public goods is vital for sustainable economic growth. Essential services such as infrastructure, education, healthcare,...
Rationale of the Exercise and Magnitude of ConcernOver the recent past years, illicit financial outflows have emerged as an alarmingly growing phenomenon in Bangladesh, a...
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...
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