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  Graft-ridden bank sector biggest economic risk

  Staff Correspondent | Updated at 12:00am on May 14, 2019

  The corruption-ridden banking sector was the country’s biggest economic risk, said Metropolitan Chamber of Commerce and Industry in its January-March quarterly review released on Monday.The...

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  Rouf re-elected Bank Asia chairman

  Business Desk | Updated at 12:00am on May 13, 2019

  A Rouf Chowdhury has been re-elected as chairman of Bank Asia at a board of directors’ meeting of the Bank recently, said a press release.He...

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  BKash offers 20pc cash on payments

  Business Desk | Updated at 12:00am on May 11, 2019

  BKash Limited has offered up to 20 per cent cash on payment through bKash while shopping across selective outlets on the occasion of Ramadan and...

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  Most of banks post higher profits but declare poor dividends

  Mostafizur Rahman | Updated at 12:00am on May 11, 2019

  Despite increase in profits in 2018 compared with the previous year, most of the banks listed with the stock exchanges declared poor dividends for their...

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  MFS providers lose 49 lakh clients in Jan-Mar

  HM Murtuza | Updated at 12:00am on May 11, 2019

  Country’s mobile financial service providers lost 49 lakh subscribers in the January-March quarter of the year 2019 after witnessing a slowdown in growth in 2018.As...

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  Hossain reappointed as MD, CEO of Uttara Bank

  Business Desk | Updated at 12:00am on May 10, 2019

  Mohammed Rabiul Hossain has been reappointed as managing director & CEO of Uttara Bank Limited after completion of his first term, said a press release.He...

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  IGWs allowed to open FC accounts

  Staff Correspondent | Updated at 12:00am on May 10, 2019

  Bangladesh Bank on Thursday allowed the authorised dealers of banks to open foreign currency accounts in the name of international gateway service providers.The central bank...

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  BB may revise banks’ stocks exposure definition

  Staff Correspondent | Updated at 12:00am on May 10, 2019

  Bangladesh Bank governor Fazle Kabir on Thursday assured Bangladesh Securities and Exchange Commission chairman M Khairul Hossain that the central bank would take measures to...

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  BB to issue new guideline soon: Mustafa Kamal

  Staff Correspondent | Updated at 01:42am on May 09, 2019

  The finance minister, Mustafa Kamal, on Wednesday said that the new guideline on restructuring of bad loans would be issued by the Bangladesh Bank soon.It...

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  New banking hours for Ramadan

  Staff Correspondent | Updated at 12:00am on May 06, 2019

  Bangladesh Bank on Sunday set the office hours for all banks and non-bank financial institutions from 9:30am to 4:00pm for the month of Ramadan.However, transactions...