Bank News
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Kamal seeks IFC’s support to create Bangla bond vibrantFinance Minister AHM Mustafa Kamal has requested the International Finance Corporation (IFC) to take initiatives to help make the Bangla...
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Another Tk 7,000cr for large industries, services sectorThe central bank yesterday expanded how big is the stimulus package for large industries and services sector companies to help...
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Forex reserves hit new record of $41.03 billionForex reserves have hit a fresh record of $ 41.03 billion (USD), according to a weekly report of Bangladesh Bank.Foreign...
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Banks are now able to lend more to trade-based small enterprisesBanks and other finance institutions is now able to lend more to trade-based cottage, micro, small and medium enterprises (CMSMEs)...
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Loans from export dev fund to be cheaperBangladesh Bank has brought down the interest on its export development fund (EDF) even more so that you can help...
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MBL donates 75,000 blankets to PM’s relief fundMercantile Bank Limited (MBL) donated 75,000 bits of blanket to the Prime Minister’s Relief and Welfare Fund to support the...
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Bangladesh Bank relaxes provisioning for consumer loansThe central bank yesterday relaxed provisioning for consumer financing within its effort to implement a 9 percent interest rate on...
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Reconstruct People’s Leasing to come back the moneyThe swindled depositors of People's Leasing and Financial Services (PLFS) yesterday demanded the central bank proceed to return their money...
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Mighty taka puts Bangladesh Bank in a bindFor exporters desperately trying to maintain the most recent robust run of merchandise sales abroad and cement the recovery from...
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One stillbirth occurs every 16 seconds: Joint UN reportAlmost 2 million babies are stillborn yearly or 1 every 16 seconds, according to a fresh joint report.A stillbirth is...
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BB extends deadline for import paymentsThe central bank yesterday issued multiple notices and extended the deadline of the relaxed rules for forex businesses in various...
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Deposit money to garment workers’ welfare fund properlyThe Bangladesh Bank yesterday asked banks to deposit 0.03 per cent of the encashed export earnings at the central fund...
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Make stimulus loans collateral-free for small businessesThe central bank should make lending to pandemic-hit cottage, micro, small and medium enterprises (CMSMEs) from the stimulus package collateral-free...
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Another breather for borrowersBangladesh Bank yesterday extended the deadline for loan status classification by banks further to December 31, as it now forecasts...
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Banks’ zeal for govt debt instruments decreasing interest rateThe yield on government treasury bills and bonds continued to keep a steep decline lately as lenders continued a relentless...
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Three local banks’ names turn out in suspicious cross-border transactionsThree Bangladeshi banks were allegedly involved with suspicious cross-border transactions between 2014 and 2016, regarding to a written report released...
