Bank News
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Central bank approves Community Bank Bangladesh Ltd
Bangladesh Bank gave approval for Community Bank Bangladesh to be set up by Bangladesh Police Welfare Trust, a concern of...
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Probe to find BB's faults
The Bangladesh Bank has formed an inquiry committee to probe how approval was given from its end to a questionable...
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$850m WB-ADB loans for education, health
Bangladesh yesterday signed loan agreements worth $850 million with the two largest multilateral development partners—Asian Development Bank and World Bank—for...
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Premier Bank posts 43.6pc rise in profits
Premier Bank posted more than 15 percent growth in credit and deposit in the last one year, which helped the...
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Loan write-offs balloon in Q2
Loans written off by banks soared in the second quarter of 2018 as efforts to clean up balance sheets petered...
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State banks' bad loan recovery falters
Five state-run banks made half-hearted efforts in the first half of the year in recovering their non-performing loans, which account...
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Rescheduled loans jump in Q2
Banks went on a loan rescheduling spree once again in the second quarter of 2018 after holding back in the...
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IPDC, Trust Bank cleared to issue bonds
Trust Bank and IPDC Finance have recently attained the Bangladesh Securities and Exchange Commission's approval to issue bonds for raising...
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AB Bank MD steps down
AB Bank Managing Director Moshiur Rahman Chowdhury yesterday handed in his resignation 17 months into his three-year term at the...
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Regulator to go tough on institutional investors
The stockmarket regulator said it is going to change the definition of institutional investors so that they played their due...
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China's credit loosening may not do much for commodity demand
China's commodity imports may get a shot in the arm from Beijing's decision to ease credit conditions in the world's...
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BB steps up dollar sales
The central bank has stepped up its dollar sales once again this month to stem the depreciation of the local...
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Private credit growth hits 31-month low
Private sector credit growth hit a 31-month low of 14.95 percent in August as investors shy away from business expansion...
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Banks' capital base weakens further
The banking sector's capital base weakened further in the second quarter this year on the back of deteriorating asset quality...
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Banks' board meetings should discuss scheduled issues only: BB
Bangladesh Bank yesterday asked banks' directors not to take decisions in the board meetings on topics not included in the...
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Dhaka Bank offers EMV contactless cards
Dhaka Bank has recently launched a range of EMV contactless cards with Visa.“On contactless platform, the bank brings Visa Signature,...