Server glitch forces savings certificate sales suspension, resumption in ‘couple of days’ - News Summed Up

Server glitch forces savings certificate sales suspension, resumption in ‘couple of days’


He expects the problem to be resolved within a couple of days, after which savings certificate transactions will return to normal. The server malfunction has led to the suspension of new purchases of savings certificates since Thursday. The central bank typically handles the sale and renewal of savings certificates, with large crowds usually observed until 2pm. Different savings certificate schemes are available for the lower middle class, people with limited incomes, women, the disabled, and retired officers and employees. Due to this investment, the government must pay interest to savings certificate holders every month, and thus, net sales are considered government debt.


Source: bd News24 January 14, 2025 20:21 UTC



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