Making state-owned banks viable, allowing them to charge fees for services to the government
The private sector has been exploring in recent months overseas funds at competitive rates but at low cost. These funds are available at LIBOR plus a minimal rate of interest. Despite vulnerability to currency fluctuation, our private sector has started accessing these sources of finance at large. Many more good...
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Islamic banking: Creating an enabling regulatory environment
Eight full-fledged Islamic banks are currently operating in the country. Moreover, 19 Islamic banking branches of nine commercial banks and 25 Islamic banking windows of eight commercial banks, are also providing Islamic financial services, according to Bangladesh Bank (BB) report of 2017. Islamic banking covers 22.72 per cent of the...
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