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    Weak banks to merge with strong ones: Kamal

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

    Finance minister AHM Mustafa Kamal on Friday said that the government would take steps so that weak banks could be merged with stronger ones as...

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    Proposed bailout package for loan defaulters to hit banking sector: Khaled

    Shakhwat Hossain | Updated at 12:00am on April 13, 2019

    Former Bangladesh Bank deputy governor Khondkar Ibrahim Khaled, in an interview with Shakhwat Hossain of New Age on Wednesday, expressed his concern over the possible...

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    Interest rate on loans for industrial sector surging

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

    Lending rate in several banks for the industrial sector has been increasing gradually, topping 16 per cent in some cases, amid growing liquidity crisis in...

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    Tipu finds interest rate gap as ‘robbery’

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

    Commerce minister Tipu Munshi on Thursday termed the huge gap between interest rates for lending and deposit as ‘robbery’ committed by the country’s commercial banks....

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    How to say the ‘R-word’: bank execs grapple with recession talk

    Reuters . New York | Updated at 12:00am on April 12, 2019

    Executives at the largest US banks are grappling with how to best talk about the slowing economy and its impact on their businesses as they...

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    Shabbir joins as AIBL DMD

    Business Desk | Updated at 12:00am on April 10, 2019

    Shabbir Ahmed has joined Al-Arafah Islami Bank as a deputy managing director recently, said a press release.Prior to his joining, he was the additional deputy...

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    SME loan drops for 1st time in ’18

    HM Murtuza | Updated at 12:00am on April 10, 2019

    Loan disbursement by banks and non-bank financial institutions to small and medium enterprises declined in 2018 for the first time since the introduction of the...

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    Banks, NBFIs given extended facility to get JICA-assisted fund

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

    Bangladesh Bank on Monday extended refinancing facility for banks and non-bank financial institutions from the Japan International Cooperation Agency-assisted foreign direct investment promotion project....

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    Several banks discontinue export bill discounting

    Staff Correspondent | Updated at 12:00am on April 08, 2019

    A number of banks have stopped purchasing export bills through their offshore banking units, depriving a section of exporters from export bill discounting facility and...

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    NSC sales decrease as operation goes online

    Staff Correspondent | Updated at 12:00am on April 06, 2019

    Net sales of National Savings Certificate declined by 23.27 per cent or Tk 1,396.75 crore in February this year compared with that in the previous...

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