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    Deposit growth slows to 16.75pc in July-Sept

    HM Murtuza | Updated at 12:00am on November 16, 2019

    Growth in deposit in banks through the agent banking channel dropped to 16.75 per cent in the July-September quarter this year against 41.5 per cent...

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    Role of shariah-based banks and FIs

    Abu Zafore Md Saleh | Updated at 12:00am on November 15, 2019

    THE shariah-compliant banking was introduced in Bangladesh in 1983 to present halal and interest-free banking. The shariah-based banking has since then flourished. It has earned...

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    Develop system to detect wilful loan defaulters

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

    The Dhaka Chamber of Commerce and Industry on Saturday said that the Bangladesh Bank should develop a mechanism to identify wilful defaulters to check non-performing...

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    BB to evaluate ABB proposal for speedy bad loan write-off, experts oppose

    HM Murtuza | Updated at 12:23am on November 08, 2019

    The Bangladesh Bank said Thursday that it would evaluate the proposal of the Association of Bankers Bangladesh to allow them to write-off loans immediately after...

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    E-commerce transactions soar by 54pc in FY19

    HM Murtuza | Updated at 12:00am on October 28, 2019

    E-commerce transactions through the banking channel increased by 54.26 per cent or Tk 508 crore in last fiscal year 2018-2019 compared with that in the previous...

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    Upgraded BACH clears Tk 8,000cr cheques, fund transfers on debut

    Staff Correspondent | Updated at 12:00am on October 25, 2019

    The Bangladesh Bank on Thursday launched the upgraded version of Bangladesh Automated Clearing House that would facilitate clearing bank cheques and electronic fund transfer twice...

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    Banking sector main sources of inequality: economic experts

    Staff Correspondent | Updated at 12:10am on October 18, 2019

    Economists said Thursday that the country’s banking sector with its abysmal performance was breeding income inequality. Speaking at a dialogue, ‘Whither Inequality in Bangladesh,  hosted...

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    ‘Quack remedies’ helping loan defaulters: seminar

    Staff Correspondent | Updated at 01:05am on October 13, 2019

    Speakers at a seminar on Saturday called for appointing a commission to curb bad loans and save the ailing banking sector.

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    Interest rate spread drops to 4pt

    Staff Correspondent | Updated at 12:00am on October 09, 2019

    The overall weighted average interest rate spread in the country’s banking sector has come down to 4 percentage points amid a deposit rate rise triggered...

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    Sonali receives 1,000 pleas for rescheduling Tk 3,317cr

    HM Murtuza | Updated at 12:00am on October 06, 2019

    State-owned Sonali Bank has received almost 1,000 applications for rescheduling defaulted loans worth Tk 3,317 crore under a government-announced special rescheduling facility on easy terms. The...