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  Nine Bangladeshi cos invest $40 million abroad

  HM Murtuza | Updated at 10:49pm on January 25, 2021

  Nine Bangladeshi entities have invested $40.1 million abroad after the Bangladesh Bank approved 10 companies to invest $52.79 million overseas. Besides the legally invested amount,...

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  Deposit growth in Islamic banks higher in Sept-end quarter

  HM Murtuza | Updated at 09:55pm on January 24, 2021

  Year-on-year deposit growth in the country’s Islamic banks at the September-end quarter of 2020 was much higher than the growth rate in the country’s overall...

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  Bangladesh Bank asks bank directors, top 3 execs to report by Feb

  HM Murtuza | Updated at 10:49pm on January 22, 2021

  The Bangladesh Bank has asked all the banks’ directors, managing directors and two other officials immediately in rank next to the MDs to submit reports...

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  14 banks’ average lending rate falls below 7pc

  HM Murtuza | Updated at 11:51pm on January 20, 2021

  Weighted average lending rate of 14 banks dropped below 7 per cent in December 2020 due mainly to the setting of lending rate ceiling at...

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  Bangladesh Bank should float funds for ICT firms on easy terms: eGeneration MD

  HM Murtuza | Updated at 10:24pm on January 09, 2021

  Financing from Bangladesh Bank for information and telecommunication companies through venture capital firms and banks is critical for the ICT sector to overcome funding issues...

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  BTRC drafts 5G telecom service licencing guidelines

  HM Murtuza | Updated at 10:36pm on January 08, 2021

  The Bangladesh Telecommunication Regulatory Commission has issued the draft regulatory and licensing guidelines for the country’s cellular mobile services to facilitate the launch of 5G...

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  Bangladesh Bank assessing need for loan moratorium extension

  HM Murtuza | Updated at 01:18am on January 06, 2021

  The Bangladesh Bank has initiated a move to scrutinise the need for extending the moratorium facility on loan repayment further by three months following requests...

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  Remittance swells by 38pc in H1

  HM Murtuza | Updated at 01:36am on January 04, 2021

  Inflow of remittance into the country rose by 37.59 per cent or $3.54 billion in the first half of the current fiscal year 2020-2021 as...

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  High MFS interoperability charge to hurt customers in Bangladesh

  HM Murtuza | Updated at 09:05pm on January 02, 2021

  High interoperability charges slapped on mobile financial services would create barriers in ensuring the desired benefit of the service to people, said mobile financial service...

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  Foreign portfolio investment dips to Tk 33,294cr in FY20

  HM Murtuza | Updated at 12:47am on January 02, 2021

  Stock position of foreign investments into the country’s capital market dropped by 14.26 per cent or Tk 5,535.4 crore ($652.76 million) at the end of...