Money in the bank

in #money7 years ago

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  • Under pressure the economy
  • Dollar prices and interest rates are rising.
  • The customer is not getting the loan
  • Romance to get deposits.

Islami Bank Bangladesh Limited (IBBL) offers services through 332 branches of the country. The branch managers of this bank could distribute approved loans at any time. Due to liquidity constraints, the largest bank in the country's private sector has reduced the power of branch managers in November last year. Issuing instructions that will require the approval of the head office to distribute more than 5 lakh loans

The supply is less than the dollar in demand. The increase in export and expatriate income, much more than the increase in imports. Bangladesh Bank has to spend the record amount of foreign currency This year (January-February) the Asian Clearing Union (Acu) bill has exceeded $ 156 million In the previous two months (November-December) this liability was 115 million and five million dollars Bangladesh Bank's foreign exchange reserves amount to 3,360 million dollars. Since then, it has reduced to $ 3 billion in payments after paying bills.