Alliance Financial Services Limited





Government borrows heavily from banks as pandemic hits revenue
The government is borrowing heavily from the banking sector as the coronavirus pandemic has hit revenue collection, while expenses have gone up, a researcher has said, reports It borrowed BDT 109.58 billion from the commercial banks in the first 43 days of the new fiscal year to Aug 12. It has also repaid the Bangladesh Bank BDT 25.36 billion. The government has set a target to borrow a total of BDT 849.8 billion from the sector in the fiscal year 2020-21.

Latest news

BSEC sets upper limit on institutional investors’ bidding
The Bangladesh Securities and Exchange Commission (BSEC) has imposed an upper limit on the bidding process of institutional investors in the book building system, in... Read more.
BSEC sets margin loan limit based on DSEX
The Bangladesh Securities and Exchange Commission on September 21 set the maximum limit on margin loan facilities based on the movement of Dhaka Stock Exchange’s... Read more.