Banking

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    Govt to sign $260m loan deal with ADB today

    Agence France-Presse . Dhaka | Updated at 11:50pm on November 18, 2017

    The government will sign a US$260 million agreement with the Asian Development Bank today for sustaining and increasing its investments in infrastructures, particularly financing public-private...

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    BB creates $240m fund for SME sector dev

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:44pm on November 17, 2017

    Bangladesh Bank has created a $240 million refinancing fund for providing loans to small and medium enterprises at low interest...

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    Bankers involved in 67pc of frauds

    M Ibrahim Ibne Towhid | Updated at 02:20am on November 17, 2017

    Bankers have been found involved, directly or indirectly, in 67 per cent of frauds in IT-based banking transactions, showed a study conducted by the Bangladesh...

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    BB eases income repatriation by foreign nationals

    Staff Correspondent | Updated at 12:05am on November 16, 2017

    Bangladesh Bank has allowed foreign nationals residing in Bangladesh and having income here to send their earnings to other countries where their family members live...

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    Shahjahan attends BB CBA leaders’ meet despite criticism

    Staff Correspondent | Updated at 12:05am on November 16, 2017

    Shipping minister Shahjahan Khan on Tuesday participated at an ‘opinion exchange’ meeting with leaders of Bangladesh Bank collective bargain agents (CBA) at the central bank...

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    Inflation drops in Oct

    Staff Correspondent | Updated at 10:37pm on November 14, 2017

    The point-to-point inflation slightly eased to 6.04 per cent in October from that of 6.12 per cent in September mainly because of declining trend of...

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    7 SIBL directors resign in another major reshuffle

    Staff Correspondent | Updated at 10:32pm on November 14, 2017

    Seven directors of Social Islami Bank on Monday resigned while nine new directors were inducted in the board on the same day as the Chittagong-based...

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    Govt revises GDP growth upwards to 7.28pc

    Staff Correspondent | Updated at 10:31pm on November 14, 2017

    Bangladesh’s economy finally grew at 7.28 per cent, the highest growth rate in the history of the country, up by 0.04 percentage points than the...

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    Shahjahan Khan’s scheduled visit to BB raises questions

    Staff Correspondent | Updated at 10:23pm on November 14, 2017

    Shipping minister Shahjahan Khan is scheduled to visit Bangladesh Bank today to hold an ‘opinion exchange’ meeting with the central bank collective bargain agents (CBA)...

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    Study blames mobile hundi for falling remittances thru banking channel

    Staff Correspondent | Updated at 12:05am on November 10, 2017

    A study of Bangladesh Institute of Bank Management on Thursday blamed Hundi through mobile financial services including bKash, Rocket, mCash and UCash for decreasing remittance...

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