Foreign currency loan: Averting bitter experience of Asian tigers

Bangladesh Institute of Bank Management (BIBM) recently organised a workshop on "Benefits and Potentials of Interest Rate Hedging: Bangladesh Perspective". Some core areas of banking came up for discussion in the workshop and, among them, Interest Rate Hedging on Foreign Currency Loan, Secondary Bond Market and Effective Benchmarking Interest Rate...

Russia’s Putin continues to rule the roost

As expected, Russian President Vladimir Putin has demonstrated to the rest of the world that his following has continued to grow in his country.Having joined the KGB in 1975, he became head of the FSB Security Service, its equivalent, in 1998. In 1999, he became President Boris Yeltsin's Prime Minister...