Syful Islam

Commercial banks are allegedly discouraging the sale of savings certificates thus indirectly creating obstacles to the growth of government funds, informed sources said.
Violating the directives of the National Savings Directorate that issues the certificates the banks are asking the buyers about the source of fund that are to be used to buy the savings certificates.
Some banks are also discouraging potential buyers by asking them to invest in their different fixed deposit schemes, alluring them high profit rates, instead of buying the savings certificates.

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