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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.
Cost of fund goes too high
Posted by Fri, Nov 16 2012 05:51 am
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The average banking spread, difference between lending and deposit rates, remained as high as more than 5.50 per cent, pushing the money market in to bad competition, official sources said. The high spread shows that banks are realising high interest rate from creditors and paying low interest to...
WB vice president postpones Dhaka visit
Posted by Fri, Nov 16 2012 05:47 am
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The World Bank Vice President Isabel Guerrero's scheduled visit to Dhaka has been postponed due to her preoccupations in the global lender's headquarters in Washington.
State banks' reforms to figure high in govt-IMF talks
Posted by Fri, Nov 16 2012 05:42 am
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Reforms in the state-owned banks will dominate the discussion between the government and an upcoming mission of the International Monetary Fund.
SIBL gets new chairman
Posted by Fri, Nov 16 2012 05:37 am
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Md Anisul Haque has recently been elected as the chairman of Social Islami Bank Ltd (SIBL).
ADB lends $25m to build 3 food plants in Bangladesh.
Posted by Fri, Nov 16 2012 05:13 am
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The Asian Development Bank (ADB) would provide $25 million in loan to Pran Group, one of the country’s largest foodstuff-manufacturing companies, for building three food plants.
Rupali Bank automated remittance system
Posted by Fri, Nov 16 2012 05:02 am
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The state-owned Rupali Bank Limited has initiated Automation of Foreign Remittance System through web-based remittance software.
ADB lends $25m to Pran Group
Posted by Thu, Nov 15 2012 07:36 am
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The Asian Development Bank (ADB) Wednesday signed an agreement to lend $25.1 million to Bangladesh's largest food manufacturer, the PRAN group, to help the firm build three food manufacturing plants.
Dictated loans major sources of SCB troubles
Posted by Thu, Nov 15 2012 07:31 am
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The Bangladesh Bank (BB) has proposed a string of measures to the Ministry of Finance (MoF) to shore up the troubled state-owned commercial banks (SCBs).
Krishi Bank opens 990th branch in Tangail
Posted by Thu, Nov 15 2012 07:26 am
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Bangladesh Krishi Bank (BKB) opened its 990th branch at Solakuri bazaar of Madhupur Upazila under Tangail district on Wednesday. Food Minister Dr Abdur Razzaque, MP, inaugurated the branch as chief guest. It is learned that the branch is inaugurated in a remote village which is about 25 kms from ...
Two Banks’ Statuses DeteriorateBB unlikely to lift early warning
Posted by Thu, Nov 15 2012 07:16 am
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Bangladesh Bank may not withdraw early warning regime from two private commercial banks because of their deteriorating financial statuses in every parameter.