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  Q1 remittance rises 13.75pc

  Staff Correspondent | Updated at 12:00am on October 03, 2018

  Remittance inflow to the country increased by 13.75 per cent in the first quarter of the current financial year 2018-2019 as non-resident Bangladeshis sent home...

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  Towhidul becomes SIBL AMD

  Business Desk | Updated at 12:00am on October 03, 2018

  Kazi Towhidul Alam joined as additional managing director of Social Islami Bank Limited on Monday, said a press release.

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  IMF worried about bad loans, governance in SCBs

  Staff Correspondent | Updated at 01:53am on October 02, 2018

  The visiting International Monetary Fund officials on Monday expressed concern over the growing non-performing loans in the state-owned commercial banks in absence of good governance,...

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  India pumps in liquidity in financial market

  Reuters . Mumbai | Updated at 01:49am on October 02, 2018

  The Reserve Bank of India (RBI) said on Monday it would pump 360 billion Indian rupees ($4.95 billion) into money markets in October, pledging to...

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  Shahidul become SJIBL MD, CEO

  Business Desk | Updated at 01:47am on October 02, 2018

  M Shahidul Islam has been appointed as the managing director and CEO of Shahjalal Islami Bank with effect from Monday, said a press release....

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  Grameen America distributes $1B in microloans to US women

  Staff Correspondent | Updated at 04:19pm on October 01, 2018

  Grameen America has distributed $1 billion in microloans to more than 1,00,000 low-income women entrepreneurs in 13 cities of United States since its...

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  Farman joins AIBL as MD, CEO

  Business Desk | Updated at 12:05am on October 01, 2018

  Farman R Chowdhury has joined Al-Arafah Islami Bank Limited as managing director and CEO today, said a press release on Sunday. Prior to his joining,...

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  Govt moves to establish Russia banking relations

  Staff Correspondent | Updated at 12:05am on October 01, 2018

  The government has taken a move to establish Bangladesh-Russia banking relations to tap bilateral business and trade potential. The move has come following demand from...

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  Banks asked not to raise issues beyond agenda at board meeting

  Staff Correspondent | Updated at 12:05am on October 01, 2018

  Bangladesh Bank has asked banks not to raise any issue, which were not included in the agenda, at the meeting of the board of directors....

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  62pc of banks in Bangladesh vulnerable to cyber-attack: BIBM study

  Staff Correspondent | Updated at 12:05am on October 01, 2018

  Sixty-two per cent of the country’s scheduled banks are vulnerable to cyber-attack while 28 per cent of the banks have no preparation for tackling such...