ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a ...
Read More »Bangladesh banks face stress as funding costs jump: Moody’s
Bloomberg Profitability of local lenders in Bangladesh will likely come under strain from rising funding costs amid a liquidity squeeze in the banking system, according to Moody’s Investors Service. “A spike in imports, declines in remittance inflows and high inflation have drained liquidity,†analysts led by Chong Jun Wong said. The funding costs “have increased materially because demand has ...
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