AKM Zamir Uddin

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    BB plans cash incentives for remitters

    AKM Zamir Uddin | Updated at 10:27pm on March 22, 2017

    Bangladesh Bank has planned to place a proposal before the government to give cash incentives to non-resident Bangladeshis who send up to $200 in remittance...

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    Defaulted farm loans rise by 17.73pc in Feb

    AKM Zamir Uddin | Updated at 11:15pm on March 21, 2017

    Defaulted loans in the country’s agriculture sector increased by 17.73 per cent in February year-on-year as the scheduled banks did not take adequate measures to...

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    9 new banks pressing BB for relaxing licence conditions

    AKM Zamir Uddin | Updated at 10:32pm on March 20, 2017

    Nine new scheduled banks have mounted pressure on Bangladesh Bank to withdraw many of the conditions, including expansion of banking in rural areas, under which...

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    RAKUB takes Tk 5.5cr in illegal processing fees from farmers

    AKM Zamir Uddin | Updated at 10:44pm on March 15, 2017

    Rajshahi Krishi Unnayan Bank slapped Tk 5.50 crore in loan processing fees on farm loans taken by the farmers in the last financial year 2015-2016...

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    Akij wants to take $20m out of B’desh to buy Malaysia co

    AKM Zamir Uddin | Updated at 11:05pm on March 13, 2017

    Akij Jute Mills Ltd, a concern of Akij Group, has applied to Bangladesh Bank for taking $20 million out of Bangladesh to purchase a Malaysian...

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    Current account deficit soars to $754m

    AKM Zamir Uddin | Updated at 10:14pm on March 08, 2017

    The country’s current account balance registered a deficit of $754 million in the first seven months of the financial year of 2016-17 against a surplus...

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    Trade deficit mounts to $5.28b in July-Jan

    AKM Zamir Uddin | Updated at 10:19pm on March 07, 2017

    The country’s trade deficit increased by 36.34 per cent to $5.28 billion in the first seven months of the current financial year 2016-17 compared with...

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    Pvt sector credit growth inches up

    AKM Zamir Uddin | Updated at 11:00pm on March 05, 2017

    The private sector credit growth increased slightly in January from that of the previous month as the import payments in the period jumped due to...

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    Govt body advises BB to assess capital account convertibility option

    AKM Zamir Uddin | Updated at 10:03pm on March 04, 2017

    A government committee has advised Bangladesh Bank to review whether Bangladesh could adopt full capital account convertibility (CAC) allowing local businesses to make overseas investment...

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    Tk 36,710 crore defaulted loans in 8 SOBs

    AKM Zamir Uddin | Updated at 10:07pm on March 03, 2017

    The eight state-run banks held 59.04 per cent or Tk 36,709.95 crore of the total defaulted loans in the banking sector as of December 31,...

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