$

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

£

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

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Rate last updated: 02/01/2014 11:15:04 AM

Important Business News Extracts August 1 2016

Sonali Bank to auction Salman F Rahman’s family property Sonali Bank has initiated the move to auction the pricey property after Salman and his elder brother Sohail F Rahman failed to repay the loan they had taken earlier for embattled GMG Airlines. The state-run bank is looking to recollect its

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Important Business News Extracts July 31 2016

BRAC Bank records 75.0% YoY profit growth BRAC Bank Limited recorded a staggering 75% growth in year-on-year after tax profit in the first six months (January-June) of 2016, said a statement. The bank reported a consolidated after tax profit of BDT 1,746 million during January-June 2016 which was BDT 1,000

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Important Business News Extracts July 28 2016

Banks can roll in higher forex The central bank has raised substantially the net open position (NOP) limit for commercial banks to hold higher amounts of foreign exchange. Officials said the measure is meant for keeping the inter-bank foreign exchange (forex) market stable. The NOP has been jacked up by

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Important Business News Extracts July 27 2016

Private sector credit to grow sans change in policy rates The central bank under the changed management unveiled Tuesday its maiden monetary policy for the first half of the current fiscal year cautiously with key policy rates remaining unchanged. However, the policy expects credit to the private sector to go

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Important Business News Extracts July 26 2016

Cumulative written-off bank loans now BDT 414.4 billion Written-off loans continued to rise until March, 2016 as the banks cleaned their balance sheets by reducing default loans, officials said. Cumulative loans, written off by the banks, rose by nearly BDT 2.0 billion to BDT 414.4 billion during the first quarter

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