Bank News
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Basic Bank DGMs sued over 8 crore embezzlement
Anti Corruption Commission (ACC) on Wednesday filed an embezzlement case against two Deputy General Managers (DGM) of Basic Bank, and...
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Banks' CSR spend sees sudden rise
Private banks' spending on corporate social responsibility (CSR) schemes for disaster management purposes witnessed a whopping 162 percent year-on-year rise...
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Finance stocks thrive on low prices
Shares on the Dhaka Stock Exchange (DSE) gained 475 points, or 8.80 percent, in the last 15 trading days led...
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Banks blame influential quarter for rising bad loans
Habitual and influential defaulters are the main barriers to bringing down delinquent loans in the state-owned commercial banks, according to...
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Credit growth hits 39-month low
Private sector credit growth fell to a 39-month low in December as businesses went on a cautious mode thanks to...
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Banks still a man's world
Iffat Jahan Dina landed a well-paying job in a private bank soon after obtaining her Masters degree from Rajshahi University....
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Pharmas should adopt innovation through alliance with academia
The pharmaceutical industry in Bangladesh has done remarkably well, growing at more than 15 percent a year, with sales of...
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Tech talk: Beware, construction ahead!
Building and renovating a house can be a hectic endeavour: surveying markets, vetting the materials, bargaining with vendors and still...
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Islamic banks' excess liquidity shrivels
Shariah-based banks saw a sharp fall in excess liquidity in the third quarter of last year because of aggressive investment...
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Kamal in denial about bad loan situation
Bangladesh's non-performing loan situation is not as dire as is being reported in the news media, said Finance Minister AHM...
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Bank Company Act to be amended to nab defaulters: minister
The government will amend the bank company act to recover the bulging default loans, said Finance Minister AHM Mustafa Kamal.At...
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World Bank President Jim Yong Kim announces his departure
Jim Yong Kim, the president of the World Bank, announced Monday he is resigning at the end of January.Kim's unexpected...
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More IPOs needed
There are 61 merchant banks in the country but they were able to collectively bring in only 14 companies in...
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Loan rescheduling soars 30pc
Loan rescheduling soared about 30 percent to Tk 10,963 crore in the first nine months of 2018, fuelling further fears...
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Farm loan keeps falling
Lending to the agriculture sector fell 9 percent year-on-year to Tk 7,475.60 crore between July and November of the current...
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Janata sinks into colossal losses
Janata Bank logged in losses of Tk 3,132 crore in the first nine months of 2018, a stunning reversal in...