NRBs can now park their funds in FDR, DPS

Non-resident Bangladeshis (NRBs) can now keep their funds in the form of Fixed Deposit Receipts (FDR) and Deposit Plus Schemes (DPS) with local lenders following a central bank directive yesterday. The move comes as part of the government's efforts to channel in $3-$5 billion in additional remittance from expatriate Bangladeshis this fiscal year from fiscal 2019-20's