Banking

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    Remittance inflow rises by 11 per cent in July

    Staff Correspondent | Updated at 11:36pm on August 01, 2017

    The monthly remittance inflows increased by almost 11 per cent to $1.12 billion in the first month of the current fiscal year 2017-18 compared with...

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    BB advises BTRC to lower USSD, SMS prices for MFS

    Staff Correspondent | Updated at 11:33pm on August 01, 2017

    Bangladesh Bank on Tuesday requested Bangladesh Telecommunication Regulatory Commission to take initiative for bringing down the prices of unstructured supplementary service data (USSD) and short...

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    BB asks banks not to concentrate business on large industries

    Staff Correspondent | Updated at 11:02pm on July 31, 2017

    Bangladesh Bank on Monday asked the commercial banks not to concentrate their major banking exercise on large-scale industries owned by some corporate groups as such...

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    Imports hit record $44b in FY17 despite sluggish exports

    Staff Correspondent | Updated at 11:35pm on July 30, 2017

    Country’s import payments hit an all-time high in the recently concluded fiscal year (2016-17) due to large payments for capital machinery imports, arousing suspicion that...

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    BB to ask BTRC to set logical price of USSD, SMS

    AKM Zamir Uddin | Updated at 12:25am on July 30, 2017

    Bangladesh Bank will request the Bangladesh Telecommunication Regulatory Commission to take initiative to set a logical price of unstructured supplementary service data (USSD) and short...

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    BB squeezes pvt sector credit growth target in MPS

    Staff Correspondent | Updated at 10:20pm on July 26, 2017

    Bangladesh Bank has lowered private sector credit growth target to 16.20 per cent, which has maintained an upward trend in recent months, in the monetary...

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    Suspicious bank transactions up 54pc in FY16

    Staff Correspondent | Updated at 10:48pm on July 25, 2017

    Suspicious transaction reports submitted by reporting agencies including banks and non-bank financial institutions increased by 54.20 per cent to 1,687 in the fiscal year 2015-16...

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    IMF shifts office to WB premises from BB after 44 years

    Staff Correspondent | Updated at 12:02am on July 25, 2017

    The International Monetary Fund has shifted its office to World Bank premises in the city’s Agargaon area from the Bangladesh Bank wherefrom it ran its...

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    BB rejects Sonali Bank plea for taking Tk 62cr fresh capital to its India op

    AKM Zamir Uddin | Updated at 10:44pm on July 22, 2017

    Bangladesh Bank has rejected a Sonali Bank plea to inject Tk 62.50 crore as fresh capital into its India operation so that the foreign branches...

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    Directorate suggests ban on institutional investment

    Staff Correspondent | Updated at 12:05am on July 21, 2017

    The Directorate of National Savings has suggested that the government disallow institutional investment in the national savings certificates and bonds to contain the swelling investment...

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