Spending abroad using Bangladeshi credit cards declined by about 16 per cent in February, while expenditure by foreign credit cardholders in Bangladesh saw an increase, according to the latest report from Bangladesh Bank...
Credit card spending by Bangladeshis in India has been falling, while such expenditures in USA, Thailand and Singapore have been rising, according to central bank data.
Dhaka Bank PLC and the Institute of Cost and Management Accountants of Bangladesh on Tuesday launched a co-branded Vertical Mastercard credit card for ICMAB members, said a press release...
The Bangladesh Bank on Sunday imposed the maximum interest rate for credit card loans, setting it at 25 per cent...
IN TODAY鈥橲 world, credit is a unique or 鈥榮pecial鈥� form of money that is not fully convertible or exchangeable with other forms of currency. People agree that credit is both a resource that allows current needs to be met, but it is simultaneously a liability that requires future repayment, normally with interest. Credit, in this sense, is unique because to...
City Bank has recently launched its visa infinite credit card in Bangladesh, says a press release.
The Bangladesh Bank on Wednesday asked banks and non-bank financial institutions to waive fines on late payment of instalments of loans, savings schemes like deposit pension scheme and credit card bills, considering general holidays and an internet blackout amid the countrywide unrests centring quota reform protests...
The Bangladesh Bank is likely to ask banks not to charge any fine for late payment of loans and credit card bills considering general holidays and internet blackout in the country in the past few days...
The use of credit cards by Bangladeshi nationals both locally and internationally saw a decline in May 2024 compared with that in the previous month...
Departmental stores were the primary destination for credit card transactions, accounting for 49.61 per cent of transactions in February, according to a Bangladesh Bank report...