31.01.2011 - Bangladesh Bank cautions about ‘painful’ crash in real estate sector
From Thefinancialexpress-bd.com: Bangladesh Bank (BB) on Sunday cautioned all concerned of a "painful" crash in the country's overheated real estate sector and admitted that a large chunk of credit meant for industries and small and medium enterprises (SMEs) have been diverted to the capital market. In its half year monetary policy statement, the BB said, the country needs a "properly priced capital and real estate markets to avoid instability and jitters"...........................................Full Article: Source
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