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Finance & Markets

17 banks pledge Tk17,000cr to revive closed factories

Seventeen commercial banks have joined hands with Bangladesh Bank to fund a Tk41,000 crore credit pool aimed at restarting long-shuttered industrial plants, driving private investment, and lifting the economy out of its recent slump. The commitment forms the backbone of a broader Tk60,000 crore stimulus package first unveiled by the central bank on May 23. Under the agreement, participating...…

17 banks pledge Tk17,000cr to revive closed factories

We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at dhakatribune.com →

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Central Bank of Egypt issues urgent message regarding OTPs

The Central Bank of Egypt (CBE) warned bank customers and users against sharing their One-Time Password (OTP) with anyone, explaining that disclosing this code could expose them to risks related to…

  • Central Bank of Egypt warns customers about sharing OTPs.
  • OTP codes are for single-use, account holder's verification only.
  • Revealing OTPs risks unauthorized transactions and account access.

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