DHAKA, Aug 19 (Reuters) - The central bank of Bangladesh has put restrictions on the purchase of cars for top executives of the country's 42 banks, as part of reforms of the financial sector. "The limit has been set at maximum 2.5 million taka for a motor car and 3.5 million taka for a jeep with immediate effect," a senior central bank official said on Tuesday. These sums translate to $42,800 and $59,921 respectively. "It has been a matter of concern that scheduled bank executives are ...
Premium Content (PAID Subscription Required)
"Bangladesh curbs car purchases for bank executives" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.