Banking

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    Standard Chartered Bank offers car loan facilities

    Staff Correspondent | Updated at 03:50pm on April 13, 2020

    Standard Chartered Bank signed a memorandum of understanding with Hyundai Motors Bangladesh Limited, Pacific Motors Limited, and Millennium Ssang Yong Motors Limited recently offering car...

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    Bangladesh Bank urges government agencies to facilitate MFS service ops

    Staff Correspondent | Updated at 10:17pm on April 12, 2020

    The Bangladesh Bank on Sunday urged the government authorities and law enforcing agencies to facilitate movement of personnel related to mobile financial services during the...

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    EDF loans can be taken for raw material import

    Staff Correspondent | Updated at 10:14pm on April 12, 2020

    Exporters in the country will get a fresh loan facility from the export development fund at the rate of 2 per cent interest for making...

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    Bankers to get financial aid for falling sick during pandemic

    Staff Correspondent | Updated at 10:11pm on April 12, 2020

    The Bangladesh Association of Banks on Sunday announced that banks would bear all the medical expenses of employees if they fell sick while doing their...

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    Banks’ lending capacity raised as Bangladesh Bank hikes ADR

    Staff Correspondent | Updated at 09:57pm on April 12, 2020

    The Bangladesh Bank on Sunday increased the banks’ advance-deposit ratio with a view to enhance their lending capacity and facilitating implementation of the government announced...

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    Banks’ single borrower exposure limit waived

    Staff Correspondent | Updated at 09:00pm on April 11, 2020

    The Bangladesh Bank on Saturday exempted all the scheduled banks from complying with the single borrower exposure limit in issuing credit to the export‑oriented industries,...

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    Banking hours cut to 12:30pm

    Staff Correspondent | Updated at 10:05pm on April 10, 2020

    The Bangladesh Bank has reduced the bank transaction hours by half an hour to 12:30pm with an effect from tomorrow. The BB came up with...

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    Bankers for more cut in REPO rate

    Staff Correspondent | Updated at 09:58pm on April 10, 2020

    Bankers have proposed that the central bank should lower the applicable interest rate on the REPO (Repurchase Agreement) facility further to make liquidity cheaper for...

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    Bangladesh Bank lowers policy rates further to increase liquidity supply

    Staff Correspondent | Updated at 08:28pm on April 09, 2020

    The Bangladesh Bank on Thursday again reduced the policy rates — cash reserve ratio and Repo rates — aiming to increase money supply in the...

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    SANEM seeks steps to ensure food safety for poor

    Staff Correspondent | Updated at 10:23pm on April 08, 2020

    The South Asian Network on Economic Modelling has recommended that steps should be taken for quick distribution of essential foods among the poor and vulnerable...

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