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Summary After imposition of flood tax, banks profits may decrease, according to a report.
The report said that after the imposition of 15 percent flood surcharge, ratio of banks tax payment increased by 35 percent to 40 percent. Due to strict monitory policy, profit earned by interest and fee on remittance and export will surge. Due to increase in investment in government bonds, loans provided by banks have reduced by 0.8 percent.
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