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  No-deal Brexit will hit even well-prepared banks: ECB

  Agence France-Presse . Frankfurt am Main | Updated at 10:23pm on September 25, 2020

  Eurozone banks have readied themselves for the shock of a nodeal Brexit, but will still suffer an economic hit, the European Central Bank’s supervisory board...

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  Samad re-elected AIBL chair, Salam vice-chair

  Business Desk | Updated at 11:25pm on September 24, 2020

  Abdus Samad Labu has been re-elected chairman and Mohammed Abdus Salam vice-chairman of Al-Arafah Islami Bank Limited, said a press release. They were re-elected to...

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  Bangladesh Bank lowers REPO rate for stock market spl fund to 4.75pc

  Staff Correspondent | Updated at 11:19pm on September 24, 2020

  The Bangladesh Bank on Thursday reduced the repurchase agreement rate to 4.75 per cent for formation of special funds by the banks for investment on...

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  Online air ticket purchase rules for routes outside Bangladesh eased

  Staff Correspondent | Updated at 11:16pm on September 24, 2020

  The Bangladesh Bank on Thursday allowed international debit and credit cardholders to purchase air tickets online from Bangladesh for journeys outside the country. For example,...

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  Bangladesh Bank sets credit card interest rate ceiling at 20pc

  Staff Correspondent | Updated at 11:13pm on September 24, 2020

  The Bangladesh Bank on Thursday set the highest limit on interest rate on the credit card usage at 20 per cent as many banks were...

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  Bangladesh Bank sets interest limit on credit card at 20pc

  Staff Correspondent | Updated at 07:12pm on September 24, 2020

  The Bangladesh Bank on Thursday set the highest limit on the interest rate on the credit card usage at 20 per cent as many banks...

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  Banks demand only Tk 4,142cr in 5 months

  HM Murtuza | Updated at 10:50pm on September 23, 2020

  The scheduled banks have applied for Tk 4,142 crore in refinance against their disbursement of Tk 8,284 crore in loans from a major stimulus package meant...

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  3 Bangladeshi banks in ‘suspicious’ transactions: leaked US data

  Staff Correspondent | Updated at 12:24am on September 23, 2020

  An amount of $3.38 lakh entered Bangladesh and another $4.95 lakh flew from the country through ‘suspicious’ transactions in three banks in Bangladesh between 2000...

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  Global banks’ shares plummet on laundering allegations

  Agence France-Presse . New York | Updated at 11:13pm on September 22, 2020

  Shares in major banks including HSBC, Deutsche Bank and JPMorgan Chase were hammered Monday following allegations they had handled huge sums of dirty money for...

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  Farm loan release rises by 75pc in July-August

  Staff Correspondent | Updated at 11:07pm on September 22, 2020

  Farm loan disbursement increased by 75.43 per cent or Tk 1,486.02 crore in July-August of the current fiscal year 2020-2021 yearon-year but was still lagging...