Union Bank Limited has recently organised its half yearly business conference 2022, a press release said Monday. A. B. M. Mokammel Hoque Chowdhury, MD and CEO of the bank, was present at the conference as chief guest. He said at present total deposit of the bank is Tk 21,546 crore
Tag: Bank deposits
Real interest rates on bank deposits turn negative
Small, retired and elderly depositors with banks, who depend on the interest earned on their savings for an income, are increasingly frustrated as the real interest rate on bank deposits has turned negative. The real interest rate is the nominal interest rate adjusted for inflation. In August, the average interest rate on