City Bank posts 340 percent profit amid dollar crisis!

City Bank posts 340 percent profit amid dollar crisis!

Though private sector lender ‘The City Bank’ posted 340 percent profit amid the dollar crisis, the allegation of soaring of dollar rate was surfaced against them as it didn’t release reserved dollars in the capital market despite having opportunity. Sources in Bangladesh Bank (BB) said on an average of every dollar the bank bagged a profit of Tk 5 to Tk 10 against opening of every LC and...

$25.62m investment in Dhaka EPZ
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