Dhaka, Jan. 29 -- Depositors of the Sammilito Islami Bank, formed through the merger of five olders banks, will receive profit at the market rate of up to a maximum of 9.5 percent from January this year, Bangladesh Bank Governor Ahsan H Mansur says.
The governor made the announcement at an emergency press briefing at the central bank on Thursday afternoon. "We have decided to pay all depositors profit at the market rate. This profit will be paid on savings held for one year or longer," he said.
He said depositors would receive profit at a rate of 4 percent only for 2024 and 2025. Those depositors whose funds cannot be repaid immediately will receive profit on their deposits at a rate of up to 9.5 percent from January this year.
That me...
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