$

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 September 29 2016

Bangladesh Bank may approve City Bank’s share sale to IFC Bangladesh Bank considers allowing City Bank to sell its 5% equity shares to International Finance Corporation, the private sector arm of the World Bank Group, about eight months after the signing of the deal. The development came after a meeting

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Important Business News Extracts September 28 2016

Banks’ capital rises Banks’ overall capital rose 1.6 percent in the April-June quarter but the capital base of state banks shrank further though they were provided with funds from the state coffer. On June 30, the total capital in the banking system was Tk 76,884 crore, up from Tk 75,612

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Important Business News Extracts September 27 2016

Banks’ capital base weakens in Q2 The capital base of banks has weakened slightly, but remains at a comfortable level, in the April-June quarter (Q2) of this year mainly due to increased non-performing loans (NPLs). The overall capital-to-risk weighted assets ratio (CRAR) of all the banks operating in the country

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Important Business News Extracts September 26 2016

Bangladesh Bank issues guideline on commercial paper Bangladesh Bank yesterday issued a guideline on commercial paper (CP) for banks to put in place a uniform procedure for this short-term money-market instrument. Banks are allowed to invest in CPs, provide credit enhancements to CP issuers and act as an issuing and

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Important Business News Extracts September 25 2016

Banks’ deposits soar despite small returns Banks’ deposits grew by a handsome amount last fiscal year despite small returns further pared down by inflation. Deposits grew 14.1% to BDT 8,583.3 billion in the year to June 30, whereas the weighted average interest rate on deposits fell about 1.2% during the

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