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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.
Agrani Bank farm loans prove costly for 700 women
Posted by Sat, Sep 24 2011 04:08 am
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State-owned Agrani Bank Ltd has allegedly breached its commitment to provide agriculture loans to about 700 poor women, after taking deposits worth Tk. 3,200 from each of them. All these poor women from Kutir Bazar area, under Shibpur upazila in Narsingdi district, who borrowed the money from mic...
Banking activities hamperd by hartal
Posted by Sat, Sep 24 2011 04:03 am
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Transactions at the government and private commercial banks in Dhaka were thin on Thursday due to daylong strike, enforced by the main opposition BNP.
A huge amount of liquidity remained stored at every branch of commercial banks, posing high risks in operating banking activities during hartal, ...
Selection of Pak firm for BB project irks experts
Posted by Thu, Sep 22 2011 02:42 am
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Bangladesh Bank’s (BB) selection of Infotech Global Pte Ltd, a Pakistani origin company, for a sensitive project, linked to the electronic payment system of the central bank, has drawn sharp criticism from one of the advisers of the Prime Minister, and information technology industry insiders.
BKB’s 100pc growth in loan disbursement
Posted by Thu, Sep 22 2011 02:39 am
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Bangladesh Krishi Bank (BKB) achieved over hundred per cent growth in disbursing agri loan in the fiscal 2010-11 compared with the previous year due mainly for introducing hassle-free system and strong monitoring at the field level. Besides, the bank also marked a positive trend in realizing loan...
New DMD of ONE Bank
Posted by Thu, Sep 22 2011 02:35 am
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Johora Bebe has been promoted to deputy managing director of ONE Bank Limited recently, says a press release. Prior to this, she was senior executive vice-president and the head of Credit Risk Management (CRM) and in-charge of Operations Division of the bank.
Johora joined ONE Bank in 2005.
Janata Bank earns Tk 4.9b net profit
Posted by Tue, Sep 20 2011 03:28 am
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State-owned Janata Bank ltd has earned a net profit of Tk 4.9 billion in 2010 while it bagged Tk 12.04 billion as operating profit in the same year which is three times higher than Tk 4.21 billion in 2006.
BB extends time to adjust single-party exposure limit
Posted by Tue, Sep 20 2011 03:23 am
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Bangladesh Bank has extended time for commercial banks to adjust single borrower exposure limit by another year in a bid to bring stability in the crisis-ridden market. A central bank circular on Monday said the commercial banks would not be allowed to increase their existing loan balance during ...
Airtel- DBBL sign mobile banking deal
Posted by Tue, Sep 20 2011 03:20 am
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Mobile operator Airtel yesterday signed an agreement with Dutch Bangla Bank Ltd to introduce M-commerce services to a larger segment of people. The partnership will facilitate Airtel customers with banking facilities delivered by Dutch Bangla Bank at their fingertips, said a press release.
EBL distributes farm loan
Posted by Tue, Sep 20 2011 03:18 am
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Eastern Bank Limited (EBL) launched “EBL Krishi Rin” by distributing agriculture loan among nearly 100 farmers of Dhamrai Upazilla at a function held at Savar Pourasabha Auditorium yesterday. Renowned media personality, Shykh Siraj and managing director and CEO of Eastern Bank Limited, Ali Reza I...
DBBL opens new branch at Ashkona in city
Posted by Tue, Sep 20 2011 03:14 am
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Dutch-Bangla Bank Limited opened its 102nd branch at Ashkona, Dakshin Khan in the city recently. KS Tabrez, managing director of Dutch-Bangla Bank Limited formally inaugurated the branch.