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  Credit Suisse chief Thiam quits as spy scandal swells

  Agence France-Presse . Geneva | Updated at 11:50pm on February 07, 2020

  The head of Credit Suisse, Tidjane Thiam, said on Friday that he would step down next week, as a ballooning spying scandal rocks Switzerland’s second...

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  UCB Asset Management launched

  Staff Correspondent | Updated at 11:29pm on February 07, 2020

  United Commercial Bank has launched UCB Asset Management Limited to diversify its business and create investment options for its customers. Bangladesh Association of Banks vice-chairman...

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  Transaction thru agent banking exceeds Tk 15,000cr in Oct

  Staff Correspondent | Updated at 11:28pm on February 07, 2020

  The volume of transaction through agent banking increased by 27.41 per cent or Tk 3,265.1 crore in October last year thanks to the growing popularity of...

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  WB chief economist announces resignation

  Agence France-Presse . Washington | Updated at 11:03pm on February 06, 2020

  World Bank chief economist Pinelopi Koujianou Goldberg on Wednesday announced she will be leaving the institution, according to a letter sent to colleagues and obtained...

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  Ziauddin joins Janata Bank as director

  Business Desk | Updated at 10:52pm on February 06, 2020

  Ziauddin Ahmed has joined as director of Janata Bank, said a press release. Prior to the joining, he served an as additional secretary at the...

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  India interest rates on hold

  Agence France-Presse . Mumbai | Updated at 10:51pm on February 06, 2020

  India’s central bank kept interest rates on hold Thursday due to soaring inflation, even as the government’s annual budget announcement last week raised little hope...

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  I face criticism in parliament because of bankers: Kamal

  Staff Correspondent | Updated at 10:37pm on February 06, 2020

  Finance minister AHM Mustafa Kamal on Thursday said that he had faced criticisms in parliament due to banks’ defaulted loans disbursed by bankers. The finance...

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  Pvt banks asked to set maximum 6pc deposit rate for SOE funds 

  Staff Correspondent | Updated at 10:35pm on February 06, 2020

  The Bangladesh Bank on Thursday directed the banks to comply with a government decision to set interest rates at a maximum of 6 per cent...

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  Net NSC sales negative in Dec, 1st time in 10yrs 

  Staff Correspondent | Updated at 10:34pm on February 06, 2020

  The net sales of national savings certificates turned negative at Tk 408.44 crore in December last year for the first time in recent years amid a...

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  ONE Bank offers Shubidha for consumers

  New Age . Online Desk | Updated at 02:54pm on February 06, 2020

  The ONE Bank is offering Shubidha facilities to the account holders and OK wallet consumers for making payments at different retail shops...