Bank News
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Banks' deposit base expands slightly
Banks' aggressive drive for funds has finally pushed up the deposit growth, easing the cash crunch that has crippled the...
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Loans for farmers to be cheaper
The central bank has moved to slash the lending rate on farm loans by one percentage point to 8 percent...
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India to merge three state-owned banks
India plans to merge three state-run banks, Bank of Baroda, Dena Bank and Vijaya Bank, the financial services secretary said...
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Banking loopholes limit potential of stockmarket
Bangladesh's stockmarket is being held back from reaching its potential because of the indiscipline in the banking sector, which has...
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BASIC Bank's losses widen for bad loans
The rising nonperforming loans have continued to widen the loss of the scam-hit BASIC Bank.In the six months to June...
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Foreign ministers agree on projects worth $50b
In an ambitious plan to connect the member states of Bimstec, foreign ministers from the seven-nation group identified and agreed...
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Bank of Spain's website hit by cyber attack, access disrupted
The Bank of Spain’s website has been hit since Sunday by a cyber attack which has temporarily disrupted access to...
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StanChart provides scholarship to 79 DU students
Standard Chartered Bangladesh has recently provided a “Governor Scholarship” to 79 meritorious students, 60 of economics and 19 of development...
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Increase bank branches to reach out to poor: Muhith
Banks should increase their number of branches to give a boost to financial inclusion, said Finance Minister AMA Muhith yesterday.All...
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UniCredit has stopped using Facebook for advertising
Italy’s UniCredit has stopped using Facebook for advertising and marketing campaigns and will not do so again until the U.S....
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Monetary policy remains unchanged
Fear of inflationary pressure, rising commodity prices in the international market and the government's spending spree on mega projects have...
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State banks' escalating bad loans a threat: BB report
The rising default loans in the eight state banks, which accounts for 57.53 percent of the total classified loans in...
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Bank stocks dive 28.5pc in 7 months
The heavyweight banking sector saw a huge decline in its share price and market capitalisation this year due to investors'...
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Five eminent persons get Mercantile Bank awards
Five personalities were honoured on Saturday with the Mercantile Bank Sommanona- 2018 awards for their outstanding contribution to the country...
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Vibrant bond market to beef up financial sector: analysts
The absence of a vibrant bond market is putting pressure on the country's financial sector as the business community largely...
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National Bank has Tk 2,000 crore defaulted loan: DMD
The private sector National Bank has been carrying over Tk 2,000 crore default loan which is about 7 percent of...