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NCC Bank opens new branch at Rawozan

NCC Bank Limited opened its 98th branch with online facilities at Pahartali Chowmuhani at Rawozan in Chittagong recently. Chairman of the bank Md. Nurun Newaz Salim formally inaugurated the branch…

Shahjalal Islami Bank Ltd become the e-payment service provider of CPTU

Shahjalal Islami Bank Ltd become the e-payment service provider of CPTU

Shahjalal Islami Bank Ltd. signed a Memorandum of Understanding regarding e-GP (Electronic Government Procurement) system with the Central Procurement Technical Unit (CPTU), Implementation Monitoring and Evaluation Division (IMED), Ministry of…

Interest rates should come down as banks are sitting on surplus funds: Rubel Aziz, Chairman,City Bank

Interest rates should come down as banks are sitting on surplus funds: Rubel Aziz, Chairman,City Bank

Small, medium or large enterprises are mainly dependent on bank funds for their financial needs. So, higher borrowing costs put them under tremendous pressure. Businesses also face internal and external…

All branches of bank, NBFI come under BB watch

Bangladesh Bank on Tuesday ( 8 October 2013) introduced an integrated supervision software to bring all branches of the country’s scheduled banks and non-bank financial institutions under a web-based monitoring…

Bangladesh: a bright spot in m-banking

Bangladesh: a bright spot in m-banking

Bangladesh has become a success story for mobile phone-based financial services globally as the sector is adding around five lakh new customers a month, said a leading operator, bKash. “Mobile…

weekly foreign exchange market review

The local currency was stable against the greenback last week as well. Huge inward remittances ahead of Eid-ul-Azha eased the market. We feel the market will see the same tone…

India edges toward crisis as rupee plunges

Efforts by Indian authorities to restore investor confidence appear to have backfired. HONG KONG (CNNMoney) The rupee is trading at record lows and stocks have lost 10% in a month,…

Cut costs of loans: MCCI

Leading chamber says costly credit, political unrest to hurt investment and GDP growth Higher costs of credit, coupled with the ongoing political turmoil, are discouraging private investment, a leading chamber…