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Banking SystemStandard Chartered Bangladesh launches Digital Trade Counter
Standard Chartered Bangladesh on Wednesday launched the country’s first Digital Trade Counter
Defaulted loans: Another ‘success,’ 5 times increase in just 12 yrs
The amount of defaulted loans in the country’s banking sector has crossed Tk 1000 billion now. In case you do not have a calculator nearby to assess the amount, at least four Padma bridges could have ...
Good news for the merchants of Shodagor.com
An MoU has been signed between Prime Bank Ltd. and B2B wholesale marketplace providing company Shodagor International Ltd to facilitate eligible merchants of Shodagor.com
Banks disburse Tk 79b agriculture credit in July-Oct
The scheduled banks have disbursed Tk 79.05 billion (7,905 crore) as agriculture and rural credit in July-October period of the current fiscal (2021-22), almost 28 per cent of the target for the 12 ...
JP Morgan Chase confers '2021 STP Quality Recognition Award' to BRAC Bank
The US financial heavyweight, JP Morgan Chase, has conferred ‘2021 STP Quality Recognition Award’ in four categories to BRAC Bank
BFIU seeks bank account details of 23 e-commerce platforms
The Bangladesh Financial Intelligence Unit (BFIU), a concern of Bangladesh Bank, has sought account details of 23 online platforms, including Daraz and Priyo Shops.
21 GMs promoted to DMDs in state-owned banks
The government has promoted 21 bank officials as deputy managing directors (DMD) and posted them in different state-owned banks and financial institutions.
IFC moves to launch Taka Bond in Bangladesh
After launching Bangla Bond in London in 2019, the International Finance Corporation (IFC) of the World Bank Group has now taken an initiative to release Taka Bond in the country with a view to ...
200,000 pairs of shoes manufactured in Bhairab daily
The journey of the footwear industry began in Bhairab in 1989. And it is the largest footwear manufacturing hub in the country. The first factory was set up in Bhairab Upazila Parishad area.
IFC inks deal with BFIU to develop eKYC infrastructure
To create a secure digital banking environment and to accelerate financial inclusion, IFC has signed a cooperation agreement with Bangladesh Financial Intelligence Unit (BFIU) for implementing an ...
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