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  Agri loan release falls in July-Aug

  Staff Correspondent | Updated at 12:00am on September 20, 2019

  The farm loan disbursement by banks dropped by 5.75 per cent or Tk 120 crore year-on-year in July-August, the first two months of the current fiscal...

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  Mannan becomes Karmasangsthan Bank DMD

  Business Desk | Updated at 12:00am on September 19, 2019

  Md Abdul Mannan has been promoted as deputy managing director of Karmasangsthan Bank recently, said a press release. Prior to this appointment, he served as...

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  Nizam joins Agrani Bank as DMD

  Business Desk | Updated at 12:00am on September 19, 2019

  Nizam Uddin Chowdhury has joined state-owned Agrani Bank as deputy managing director recently, said a press release. Prior to his promotion as DMD, he served...

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  City Bank, SETS ink agreement

  Business Desk | Updated at 12:00am on September 19, 2019

  City Bank and Sundarban Express Transportation Systems (SETS) have inked an agreement recently, said a press release. The agreement has been signed to explore the...

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  Bangladesh Bank raises banks’ ADR

  Staff Correspondent | Updated at 12:00am on September 18, 2019

  Bangladesh Bank on Tuesday increased the mandatory advance deposit ratio by 1-1.5 percentage points for banks, giving them relief ahead of the deadline for implementing...

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  India’s current account under threat if oil surge continues: RBI

  Reuters . Mumbai | Updated at 12:00am on September 17, 2019

  India’s current account and fiscal deficit could take a hit if oil prices continue to rise after an attack on Saudi Arabian oil facilities over...

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  Pakistan hopes to meet fiscal deficit target set by IMF: finance chief

  Reuters . Islamabad | Updated at 12:00am on September 17, 2019

  Pakistan is edging towards macro-economic stability after putting in place tough measures to meet a fiscal deficit target set by the International Monetary Fund as...

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  Start-ups to grab $280b in banking payments revenues by ‘25

  Reuters . London | Updated at 12:00am on September 17, 2019

  Banks are set to miss out on as much as $280 billion in revenue from their payments operations by 2025, as new start-ups muscle in...

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  Banks board reluctant to take effective risk management programme: study

  Staff Correspondent | Updated at 12:00am on September 17, 2019

  The board of directors and top management of banks are yet to understand the need of effective risk management programme as they consider it merely...

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  Mohsin becomes NCC Bank EC chair, Khairul RMC chair

  Business Desk | Updated at 12:24am on September 16, 2019

  SM Abu Mohsin has been elected as executive committee chairman and Khairul Alam Chaklader as risk management committee chairman of NCC Bank recently, said a...