Category Archives: BANKING

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NBL held Managers’ Conference of Khulna & Shariatpur Region

The Managers’ conference-2015 jointly by Khulna & Shariatpur Region of National Bank Limited held at a hotel in Jessore on Thursday (May 21, 2015). Shamsul Huda Khan, Managing Director and…

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Dhaka Bank elects chairman

Reshadur Rahman has been elected chairman and Rokshana Zaman re-elected vice-chairperson of Dhaka Bank. Rahman brings more than three decades of experience as an industrialist and association with several companies…

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Central bank buys $ 3.0b from banks for forex mkt stability

The central bank has so far bought more than US$ 3.0 billion from the commercial banks in the current fiscal year (FY), 2014-15, to help keep the inter-bank foreign exchange…

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Farm loan disbursement drops, default rises in 10 months

Defaulted loan in the agriculture sector increased by 3.10 per cent in the first 10 months of the current financial year 2014-15 compared with that of corresponding period of the…

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BB suspects jugglery with capital machinery import

The central bank is sceptical about the rise in opening of Letter of Credit (LC) for importing capital machinery even as industrialists view it as a positive development for Bangladesh’s…

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Deutsche Bank mulls UK EU exit plan

Deutsche Bank has set up a “working group” to review whether to move parts of its British divisions to Germany if the UK leaves the EU. The working group has…

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Banks keep injecting SME loans into unproductive sectors

Some 63 per cent of the Tk 26,140.62 crore SME loans disbursed in the first three months of 2015 went to trading sectors as banks continued to neglect the manufacturing…

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IFC to help power poultry, dairy farms

The International Finance Corporation (IFC) has launched a programme to help poultry and dairy farms access clean electricity. The aim of the programme is to cut the farms’ operational costs…

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NCC Bank aspires to be at the top

Customer satisfaction, financial inclusion and management excellence will be at the heart of NCC Bank’s efforts as it aspires to become one of the most beloved commercial banks in four…

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Bangladesh yet to get benefit of South-South FDI flows

Bangladesh Bank Governor Dr. Atiur Rahman said Bangladesh is yet to get benefit significantly from recent surge in South-South FDI flows, despite being a low wage manufacturing location. He said…