ABB elects new board of governors The Association of Bankers, Bangladesh Limited (ABB) held its 20th Annual General Meeting (AGM) at MTB Tower in the city Saturday, said a statement. A new Board of Governors for the association was elected at the AGM, which will remain in office for the
Read MorePrivate investment grows by Tk 1,22,000 crore The demand for private loans is on the rise this year, far surpassing the central bank’s target. Till September this year, the banking sector issued additional loans in the amount of Tk1,22,650 crore over loans issued in the same period last year. Private
Read MoreRAKUB recovers Tk 1.79 billion outstanding loans Rajshahi Krishi Unnayan Bank (RAKUB) has recovered outstanding loans worth Tk 1.79 billion (Tk 179 crore), including classified loan of Tk 290 million (Tk 29 crore), through its Victory Fair (Bijoy Mala). The bank arranged the two-day fair in all its 378 branches
Read MoreForeign aid inflow jumps by 91pc in five months Bangladesh received US$1.72 billion worth of foreign aid in July-November period this fiscal year (FY2017-18). The disbursements of the concessional medium- and long-term (MLT) assistance were 91 per cent higher than $903.18 million registered in the corresponding period of last FY
Read MoreForeign aid inflow rises The foreign aid flow to Bangladesh during the first five months (July-November) of the current fiscal year (FY18) continued its encouraging trend as it was $824.51 million higher than the corresponding period of the last fiscal year (FY17), reports BSS. According to the Economic Relations Division
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