Bank News
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BB to widen reach of digital wallets
AT A GLANCEClients to settle transactions using e-wallet apps Tk 20cr to be kept as paid-up capital to open e-money outlet KYC...
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New CEO for Mercantile Bank
Md Quamrul Islam Chowdhury has recently been appointed as the new managing director and chief executive officer of Mercan-tile Bank.Prior...
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Standard Bank gets new exec committee chair
Kamal Mostafa Chowdhury has recently been elected executive committee chairman of Standard Bank.He is a sponsor and founder vice chairman...
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New banks will only add to woes
The entry of the three new banks will weaken the banking sector further by putting additional pressure on supervision, auditing...
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Construction financing soars
The banking sector has bumped up its lending to the construction sector on the back of the government's mega project...
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SC stays summons on Jamuna Bank MD
Supreme Court has stayed the High Court order that summoned Shafiqul Alam, managing director of Jamuna Bank, to appear before...
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VALENTINE'S DAY: Special offers galore for plastic money
Most banks have come up with a bundle of packages to make a good business on the occasion of Valentine's...
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AlBL holds EDP at Al-Arafah Tower
Training and Research Institute of Al-Arafah Islami Bank Ltd. (AIBL) held an Executive Development Program (EDP) titled ‘Internal Investment Risk...
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Govt to conduct special audit of banks: Kamal
A special audit will be conducted into every bank to find out who took loans and where the imported capital...
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Banks waive Tk 422cr interest in 9 months against default loans
Banks waived interests amounting to Tk 422.14 crore against their bad loans in the first nine months of 2018, as...
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SWIFT says helping bank rebuild network after cyber heist
International payments network SWIFT said on Saturday it had signed an agreement with Bangladesh’s central bank to help it rebuild...
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High NPLs to slow growth
High non-performing loans (NPLs) are threatening the growth and stability of the economy, the Policy Research Institute of Bangladesh said...
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Advance-deposit ratio now within regulatory limits
The average advance-deposit ratio (ADR) of private banks came down within the regulatory limit in September last year after going...
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MFS reach widens
Transactions through mobile financial services (MFS) grew 20.41 percent year-on-year to Tk 378,885 crore in 2018 thanks to the rising...
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Financial services ease hassles
Four commercial banks and a leading mobile financial service provider are taking part in this year's Dhaka International Trade Fair...
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5 fatally shot inside Florida bank, suspect arrested: Police
A gunman opened fire inside a Florida bank Wednesday, killing five people before surrendering to a SWAT team, police said.The...