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    NPL crisis has no magic remedy

    HM Murtuza | Updated at 12:00am on January 05, 2020

    There is no magic solution to the soaring non-performing loans in the country’s banking sector, said Eastern Bank Limited managing director and chief executive officer...

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    Listed steel manufacturing companies struggling

    Mostafizur Rahman | Updated at 09:00pm on December 27, 2019

    The listed steel manufacturing companies have been struggling due mainly to volatility in raw-materials and utility cost, depreciation of local currency, high bank interest rate,...

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    Deposit growth in banks hits 30-month high in October

    HM Murtuza | Updated at 12:00am on December 14, 2019

    Deposit growth in the country’s banking sector hit a 30-month high of 12.19 per cent in October this year as savers returned to banks after...

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    Committee to assess sector before making proposals

    HM Murtuza | Updated at 12:00am on December 04, 2019

    The seven-member committee on single-digit lending and deposit rates implementation at its first meeting on Tuesday decided to assess the money market situation before devising...

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    Moody’s projects grim picture of banking sector

    Shakhawat Hossain   | Updated at 12:19am on December 03, 2019

    The asset quality of the country’s banks will deteriorate further in coming days unless poor governance and loan recovery status improve. Moody’s Investors Service, a...

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    Bangladesh Bank appoints committee to reduce interest rate at single digit

    Staff Correspondent | Updated at 12:57am on December 02, 2019

    A committee would be formed soon under the Bangladesh Bank to implement the much-talked-about government decision to enforce single-digit lending rates in the banks...

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    Single-digit lending rate still a far cry

    Shakhawat Hossain | Updated at 12:00am on December 01, 2019

    The government has fulfilled at least five demands from the private banks against the decision that they would implement single-digit lending rates but their commitment...

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    Banks suffer Tk 8,129cr provision shortfall till Q3

    HM Murtuza | Updated at 12:00am on November 29, 2019

    Country’s banking sector witnessed provision shortfall of Tk 8,129.48 crore at the end of September amid growing volume of defaulted loans in banks. Although the Bangladesh...

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    Bank Asia eyes reaching every corner of country in 5yrs

    Staff Correspondent | Updated at 11:16pm on November 24, 2019

    Bank Asia has taken a five-year plan to reach every corner of the country and to continue adopting financial technologies to ensure safe banking services,...

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    Clients, banks in a fix over tightened international card transactions

    HM Murtuza | Updated at 12:00am on November 22, 2019

    Banks and clients are unhappy over the tightening of cards-based international transaction rules by the Bangladesh Bank as both the parties have found the process...

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