Banks must reduce classified loans by this year: BB The central bank has asked all the scheduled banks for taking effective measures to reduce the volume of classified loans significantly by the end of this year. The bankers have, however, sought judicial support to this end. A tripartite meeting of
Read MoreBank financial closing Dec 27 Bangladesh Bank announced on Tuesday the 27th December as the financial closing day for all scheduled commercial banks instead of December 30, according to a press release. The Bangladesh Bank issued the order on ‘bank closing” day considering the day banks usually report the last
Read MoreGovt signs deals with development partners The government on Monday signed two agreements worth 315 million euro and a memorandum of understanding (MoU) worth 109.6 million pounds with the European Investment Bank (EIB), European Union (EU) and the Department for International Development (DFID), UK to support the country’s railway sector,
Read MoreHealth insurance brings smile to RMG workers Garment worker Mira breathed a sigh of relief when she learnt last November that she would no longer have to bear her healthcare bills. Paying an annual premium of Tk 100, the worker of Millennium Textiles (Southern) and Fashion House Ltd in Ashulia
Read MoreTop bankers deplore negative campaign against banks Top bankers have called for ‘constructive’ criticism of the banking sector, saying that their confidence level gets weakened if negative issues are highlighted. The appeal came at a ‘meet the press’ programme, held at a city hotel on Wednesday. The Association of Bankers
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