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Banking News - Get updated with hot and latest banking news and events in Bangladesh. We believe it is helpful for all bankers, people related to the banking sector as well as for those who follow the banking sector in Bangladesh.

World Bank, Alibaba invest in Hong Kong-based startup

Posted by BankInfo on Wed, Jul 12 2017 11:43 am
Hong Kong-based startup CompareAsiaGroup has secured $50 million in funding from investors led by the World Bank's commercial lending arm,

Inflation creeps up to 5.72pc in Apr-Jun quarter

Posted by BankInfo on Wed, Jul 12 2017 11:33 am
For the first time in the country's history inflation data was released in a quarterly format.

10 firms provide 40pc of all VAT and SD

Posted by BankInfo on Wed, Jul 12 2017 11:24 am
The companies are from cigarette, gas, mobile operator and power sectors, according to data from the Large Taxpayers' Unit, VAT.

BB probe detects anomalies in financials of First Finance

Posted by BankInfo on Wed, Jul 12 2017 11:09 am
The central bank has recently detected anomalies of serious nature in the annual financials of the First Finance Ltd, a listed non-banking financial institution (NBFI).

Govt bank borrowing falls by Tk25,000cr in 2 years

Posted by BankInfo on Wed, Jul 12 2017 10:59 am
Bangladesh government’s borrowing from the banking system has declined by around Tk25,000 crore since fiscal year 2014-15, according to the latest Bangladesh Bank data.

Bad loans soar in state banks

Posted by BankInfo on Wed, Jul 12 2017 10:45 am
The state-run banks have been struggling with piles of default loans due to administrative weakness and poor supervision on loans, bankers and financial analysts have said.

Media exaggerated reports on deposits with Swiss banks

Posted by BankInfo on Wed, Jul 12 2017 10:38 am
Finance Minister Abul Maal Abdul Muhith on Tuesday told parliament that media reports on the amount of money deposited by Bangladeshi nationals with Swiss banks were an exaggeration.

Germany's FM urges fresh bank rules after Italy crisis

Posted by BankInfo on Wed, Jul 12 2017 10:27 am
German Finance Minister Wolfgang Schaeuble on Monday warned that eurozone banking rules required reform, amid criticism that recent rescues of Italian banks failed to heed the lessons of the financial crisis.
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