United Commercial Bank (UCB) has issued a comprehensive clarification to dispel any potential misunderstanding arising from a recently published media report, firmly reiterating that there are no barriers whatsoever in its communication with the country’s market regulator. The bank has emphasised that its engagement with regulatory authorities has always been open, professional and constructive, reflecting […]

In a decisive move to bolster the industrial sector, Bangladesh Bank has introduced new measures to simplify the import of capital goods, a development expected to stimulate investment and streamline industrial operations nationwide. The central bank’s latest guidelines allow industrial investors to import machinery and capital goods under a three-year usance facility, eliminating the need […]