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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.

US wholesale prices flat in May on low food, energy

Posted by BankInfo on Thu, Jun 15 2017 03:32 pm
The new figures come as the US central bank begins a two-day monetary policy meeting, with the Federal Reserve widely expected to raise the key interest rate for the second time this year despite signs of a cooling economy, reports AFP.

World Bank to give Afghanistan $520mn credit

Posted by BankInfo on Thu, Jun 15 2017 03:25 pm
The World Bank on Tuesday said it had approved a $520 million plan to help Afghanistan, which has been weakened by the Taliban insurgency and gradual withdrawal of US troops.

Taka falls against dollar

Posted by BankInfo on Thu, Jun 15 2017 03:10 pm
The taka depreciated by 2.41 percent in the last six months due to slower remittance and export and higher imports.

BD seeks $1.0b from AIIB for six projects

Posted by BankInfo on Thu, Jun 15 2017 02:46 pm
Bangladesh has sought extended financial support from the Asian Infrastructure Investment Bank (AIIB) for its six projects costing more than US$1.0 billion, officials said Wednesday.

Muhith hints at changing excise duty on bank balance

Posted by BankInfo on Thu, Jun 15 2017 02:40 pm
Finance Minister AMA Muhith hinted Wednesday at possible changes to the proposed hike in excise duty on bank-account balance that triggered widespread criticism.

Nominees instead of legal heirs to get money after demise of depositors

Posted by BankInfo on Thu, Jun 15 2017 02:28 pm
The Bangladesh Bank (BB) has directed all financial institutions to pay deposited money to the nominee or nominees after the death of a single or joint account holders.
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