United Commercial Bank (UCB) PLC is on the verge of incurring losses of around Tk 75 crore as one-third of its total share market investment has been on a lone stock that has undergone price manipulation.
The net foreign portfolio investment in Bangladesh continued to fall in the July-March period of fiscal year 2023-24 due to the negative economic outlook, repeated devaluation of the local currency against the US dollar, and policy instability.