Banking

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    Shafi Choudhury becomes Pubali Bank adviser

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

    Ahmed Shafi Choudhury has been appointed as the adviser to Pubali Bank with the approval of Bangladesh Bank, said a press release. He was a...

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    ADB says loan talks ongoing after Pakistan claims $3.4b agreed

    Reuters | Updated at 12:00am on June 18, 2019

    The Asian Development Bank said talks to provide Pakistan with financial support were ongoing, contradicting Pakistani officials who announced over the weekend that the lender...

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    Prime Bank appoints Faisal as DMD and CBO

    Business Desk | Updated at 12:00am on June 18, 2019

    Faisal Rahman has been appointed as deputy managing director and chief business officer of Prime Bank recently, said a press release.He will lead corporate and...

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    Bangladesh to become ADR-friendly, says BB governor

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

    Bangladesh Bank governor Fazle Kabir on Monday expected that the country would become one of the alternative dispute resolution-friendly nations within the region. He expressed...

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    Mercantile Bank to start Islamic banking service

    Staff Correspondent | Updated at 12:37am on June 17, 2019

    Mercantile Bank Limited is going to start Islamic banking service soon, said its chairman AKM Shaheed Reza on Sunday.While speaking at a press conference at...

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    FBCCI urges govt to tap foreign sources for deficit financing

    Staff Correspondent | Updated at 12:20am on June 16, 2019

    The Federation of Bangladesh Chambers of Commerce and Industry on Saturday urged the government to reduce dependency on the banking sector by focusing on foreign...

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    Reshadur re-elected Dhaka Bank chairman

    Business Desk | Updated at 12:15am on June 15, 2019

    Reshadur Rahman has been re-elected as the chairman of Dhaka Bank at its 353rd board meeting recently, said a press release. Reshadur is the honorary...

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    Tk 14,500cr put aside for scam-hit SOBs, equity investment

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

    The government has put aside Tk 14,482 crore in the proposed national budget for re-capitalisation of the ailing state-owned banks plagued with various scams and...

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    Listed banks keep Tk 1,946cr in provision in Jan-Mar

    HM Murtuza | Updated at 12:00am on June 13, 2019

    Listed banks witnessed a 25.13-per cent or Tk 390.83 crore rise in provision for defaulted loans in the January-March quarter of this year compared with...

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    BB asks SOBs to bring down defaulted loans

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

    Bangladesh Bank on Tuesday asked the eight state-owned banks to bring down defaulted loans.The central bank gave the instruction at a meeting held at the...

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