BB to lift tenure limits on expatriate bonds to boost reserves
Bangladesh Bank has taken initiatives to collect foreign currency through Non-Resident Convertible (NRC) accounts and relax investment limits and tenure restrictions on three types of bonds introduced for expatriates to boost foreign exchange reserves. At the same time, the central bank aims to set targets to reduce banks' corporate lending and increase loans in the retail and small and medium...…
We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.
