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Tags : Bank


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Karmasangsthan Bank holds meet at Mymensingh

Karmasangsthan Bank held ‘Business Development Meeting-2025’ in Mymensingh on Saturday with the participation of branch managers and field officers of Mymensingh, Netrakona and Kishoreganj regions.

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Islami Bank holds meeting at Chattogram

The business review meeting of Chattogram south zone, Chattogram north zone, Khatunganj and Agrabad corporate branches of Islami Bank Bangladesh PLC was held on Friday.

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Banks urged to cut bad loans

Economists, researchers and academics have emphasised curtailing non-performing loans to ensure good governance in the banking sector and make the country’s economy vibrant...

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Tanzir Fahim’s 15th death anniv today

Today is the 15th death anniversary of Tanzir Fahim Jumma, eldest son of Sajjatuz Jumma, founder chairman of Shahjalal Islami Bank PLC and former senior vice-president of Dhaka Chamber of Commerce and Industry...

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A sign that authorities should not overlook

A persistent decline in private-sector credit growth is concerning. A sluggish private sector credit growth has a direct negative impact on industrial expansion, new investment and employment opportunities. The private sector credit growth fell to 6.82 per cent in February, hitting its lowest in the past two decades, according to available Bangladesh Bank data. A...

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NDB to provide $1b by next 1 year: BIDA

Bangladesh Investment Development Authority executive chairman Chowdhury Ashik Mahmud Bin Harun on Tuesday said that the New Development Bank would give Bangladesh $1 billion in loan by the next one year...

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Pvt sector credit growth slumps to 21-year low

The private sector credit growth in Bangladesh fell to 6.82 per cent in February, hitting its lowest in 21 years, according to available data. The Bangladesh Bank data showed that the growth was the lowest since February 2004 when the rate was...

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WB suggests reforms in four sectors

Bangladesh could attract significant investments and create millions of jobs by implementing essential reforms across four sectors, according to a World Bank Group report released today at the Bangladesh Investment Summit 2025...

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Rabiul joins SBAC Bank as AMD

Md Rabiul Islam, a well-known banker with 36 years of experience, has joined SBAC Bank PLC as additional managing director...

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Nurullah joins Bank Asia as AMD

Nurullah Chaudhury has joined Bank Asia PLC as additional managing director and chief wholesale banking officer on Monday...

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Stricter approach needed for non-performing loan recovery

A DECLINE in the non-performing loans recovery ratio, which is concerning, suggests that the measures taken are not effective and stringent enough. The recovery ratio of non-performing loans dropped significantly in the final quarter of 2024, with the ratio standing at 3.44 per cent, down from 5.12 per cent in the corresponding 2023 quarter, as data of Bangladesh Bank...

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BRICS-backed bank to lend $1b to Bangladesh

The BRICS-established New Development Bank has planned to raise its lending to Bangladesh development projects to US$ one billion this year, a vice-president of the Shanghai-based multilateral lender said in Dhaka on Tuesday.

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11 jailed over Sonali Bank loan scam

A Dhaka court on Monday convicted and sentenced 11 individuals to different terms of jail in a case lodged over embezzlement of Sonali Bank money through loan forgery...

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BB to set up Tk 900cr fund for startup: Mansur

Bangladesh Bank governor Ahsan H Mansur on Monday said that the central bank had taken an initiative to launch a special fund of about Tk 800 crore to Tk 900 crore to support startup...

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Court freezes 34 bank accounts of ex-DG of SSF, wife

A Dhaka court on Sunday ordered to freeze 34 bank accounts of former director general of Special Security Force Lieutenant General (sacked) Md Mujibur Rahman and his wife Tasrin Mujib over graft allegations...

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Remittance surges to $3.29b in March

Bangladesh witnessed a record-breaking surge in remittance inflow in March, receiving $3.29 billion—the highest ever in a single month, according to Bangladesh Bank data...

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BB rejects IMF’s call for policy rate cut

The Bangladesh Bank has rejected the International Monetary Fund’s suggestion to lower the policy interest rate, saying that no such move would be considered until inflation dropped to the targeted level...

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Tk 41,129cr bad loans written off by 10 banks

The top 10 banks in Bangladesh have collectively written off Tk 41,129 crore in bad loans by the end of December 2024, accounting for nearly half of the total written-off loans in the banking sector, according to Bangladesh Bank data.

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Banks disburse Tk 22,125cr in farm loans in 8 months

Banks disbursed Tk 22,125 crore in agricultural loans during July-February period of the 2024-25 financial year, achieving 58 per cent of the total disbursement target for FY25, according to Bangladesh Bank data...

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Israel vows to stay in occupied West Bank

Far-right finance minister Bezalel Smotrich said that 2024 had been a ‘record’ year for demolitions of Palestinian constructions…

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