Bank News
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Banks post hefty operating profits despite challenges
Private banks reported hefty operating profit in the just concluded year, helped by the much higher interest rate on lending...
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BB suspends MFS ahead of election
Bangladesh Bank has suspended all kind of mobile financial services in the run-up to the 11th general election. All MFS...
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Banks' capital rises, but artificially
The banking sector's capital base strengthened in the third quarter of the year as state-run Sonali Bank got a shot...
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WB's assertive plan for job creation
The World Bank has attached several conditions to its budget support programme that it extended to Bangladesh for three years...
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Muhith sees risks from Ctg conglomerate
Finance Minister AMA Muhith yesterday expressed apprehension that holding ownership of several banks and insurance companies by a Chattogram-based business...
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Central bank continues to stabilize exchange rate
The Chinese central bank can take credit for the moderate appreciation of the yuan against the US dollar in November,...
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Trade deficit narrows in Jul-Oct
Trade deficit narrowed slightly in the first four months in the current fiscal year on the back of rising export...
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After manhunt, Israel kills Palestinian behind deadly attack
Israeli security forces tracked down a Palestinian accused of killing two Israelis and shot and killed him on Thursday, ending...
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Foreign funds in DSE keep falling
Foreign investors' selling spree continued in November in anticipation of political tension ahead of the upcoming national election.Last month, they...
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Green projects barely attract banks
Banks are reluctant to disburse green loans due to lack of awareness, found a study of the Bangladesh Institute of...
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12 dead in bank robbery attempts, police shootout in Brazil
At least 12 people, including two children, were killed Friday when police engaged in a shootout with bank robbers, according...
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Default loans at all-time high
Banks' non-performing loans hit nearly Tk 1 lakh crore at the end of September -- the largest yet in Bangladesh's...
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Stimulus for jute millers
The government has offered a stimulus package to debt-stricken jute millers with a view to giving a boost to export...
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Remittance drops in Nov
Remittances fell 3.14 percent year-on-year to $1.17 billion in November despite the depreciating trend of the taka against the US...
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Private credit growth on downward slope
Private sector credit growth remained slow in October as bankers lent cautiously ahead of polls.In October, credit growth stood at...
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Little impact on loan rescheduling
Bankers' hopes of making substantial loan recovery in the lead up to the polls did not come about as many...