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Bangladesh Bank relaxes rules to allow Tk 30b loan to City Group

Bangladesh Bank has suspended a provision of the Bank Company Act to facilitate a Tk 30 billion working capital loan to five defaulting companies of City Group, one of the country's leading industrial conglomerates. According to a Bangladesh Bank notification, the five loan-defaulting companies of C

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  • Prothom Alo Independent
    Transcom Group · corporate

    Bangladesh Bank has suspended a provision of the Bank Company Act to facilitate a Tk 30 billion working capital loan to five defaulting companies of City Group, one of the country's leading industrial conglomerates. According to a Bangladesh Bank notification, the five loan-defau

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