Financial services must tie these three factors together – customer experience, best practices and reliability/responsiveness – to have an effective web presence. They can’t go hard into one particular area and ignore the others. They have to understand what’s available versus their competitors, what consumers think of their sites versus competitors’ and how their sites are performing.
The International Finance Corporation (IFC) plans to fortify its footprint in Bangladesh through extending its investment portfolio to nearly $5.0 billion in the next five years. IFC wants to expand investment for the private sector in Bangladesh. They’ll double the investment in the next five years. Bangladesh was a potential place for investments as the [...]
Bangladesh Taka (BDT) has depreciated by Tk 1.0 against the US dollar (USD) in nearly three months despite selling of the greenback by the central bank to the banks for keeping the market stable. The US dollar was quoted at Tk 85.80 each in the inter-bank foreign exchange market on Wednesday against Tk 84.80 on [...]
The central bank decides to introduce a new and unique component under an existing credit-guarantee scheme (CGS) for banks to lend to the minnows, nicknamed 'no-frills' account-holders, as per government policy for financial inclusion. A proposal to this effect was approved at a board-of-directors meeting of the Bangladesh Bank Thursday, against the backdrop of a [...]
The Bangladesh Bank has formed a BDT 500 crore fund in order to help new entrepreneurs aged between 21 and 45 years start businesses. The fund has been constituted in the form of a refinance scheme, meaning banks will firstly disburse loans to clients and the banking regulator will later reimburse the fund to banks. [...]