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    Banks asked to set up FDI help desk at key branches

    Staff Correspondent | Updated at 12:21am on July 20, 2017

    Bangladesh Bank has instructed the commercial banks to set up FDI help desk at their key branches for boosting foreign direct investment in the country....

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    Fin min asks BB not to give cash incentives to remitters

    Staff Correspondent | Updated at 12:20am on July 20, 2017

    Bangladesh Bank is in a quandary about how to give incentives to remittance senders to increase inward remittance as finance minister AMA Muhith has rejected...

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    Three Rupali Bank CBA leaders sacked

    Staff Correspondent | Updated at 11:41pm on July 19, 2017

    State-owned Rupali Bank authority on Wednesday sacked three of its CBA leaders for assaulting general manager and deputy and assistant general managers of the bank’s...

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    PD banks want half-yearly auction schedule for T-bills, bonds

    AKM Zamir Uddin | Updated at 11:07pm on July 16, 2017

    Country’s 12 primary dealer banks have requested Bangladesh Bank to take initiative so that the finance ministry prepares the auction calendar, a government’s bank borrowing...

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    Lending rate rises in May after 29-month fall

    Staff Correspondent | Updated at 11:10pm on July 14, 2017

    Interest rates on banks’ lending products increased in May after 29 months of fall as the private sector credit growth has been rising in recent...

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    12 DMDs appointed at 7 state-owned banks

    Staff Correspondent | Updated at 12:23am on July 13, 2017

    The government has appointed 12 deputy managing directors at seven state-run banks and Investment Corporation of Bangladesh. The finance ministry issued a circular on Tuesday...

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    Rupali issues show-cause notice to 3 CBA leaders

    Staff Correspondent | Updated at 12:19am on July 13, 2017

    State-owned Rupali Bank has issued a show-cause notice to its three CBA leaders on charge of physically assaulting the general manager, deputy and assistant general...

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    BB takes initiative to make DIBOR vibrant

    AKM Zamir Uddin | Updated at 12:10am on July 13, 2017

    Bangladesh Bank has taken an initiative to make vibrant the Dhaka Interbank Offered Rate (DIBOR) to fix a uniform interbank interest rate for short-term loan...

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    Time to end partisanisation of loan disbursement

    | Updated at 12:05am on July 13, 2017

    A 191 per cent increase in defaulted loans, as New Age reported on Wednesday, during the current and the immediate past tenure of the Awami...

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    Govt lacks political will to solve banking sector problems: CPD

    Staff Correspondent | Updated at 10:57pm on July 10, 2017

    The Centre for Policy Dialogue on Monday said that the government lacked political will to solve the problems of the banking sector and bring necessary...