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Defaulted loans hit record Tk 4.2 lakh crore

The amount of non-performing loans in the country’s banking sector has soared by Tk 74,570 crore in just three months to reach Tk 4.20 lakh crore at the end of March 2025, according to the Bangladesh Bank.

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4 more RMG units get LEED certificate

Four more readymade garment factory units in Bangladesh have obtained the Leadership in Energy and Environmental Design (LEED) certificates issued by the United States Green Building Council’s (USGBC)...

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BRAC Bank promotes remittance products in Cumilla

BRAC Bank has recently organised a customer engagement event at Daudkandi in Cumilla, aimed promoting its remittance products such as ‘Probashi Poribar’ and ‘TARA Probashi Poribar,’ a press release said...

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Big tech on a quest for ideal AI device

ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget for using generative artificial intelligence or AI...

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Trump pockets $57.4m from crypto coin sales

US president Donald Trump pocketed more than $57 million from token sales by the crypto venture he and his sons helped launch last year, according to federal financial disclosure forms released by the White House...

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French bank BPCE to buy Portugal’s Novo Banco

French banking group BPCE said Friday it has agreed to buy Portugal’s Novo Banco for around 6.4 billion euros ($7.4 billion), calling it the biggest eurozone cross-border acquisition in over a decade...

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Merger of 5 Islamic banks to begin soon: governor

Five Shariah-based banks are set to be merged into a single entity, with the process beginning possibly next month, Bangladesh Bank governor Ahsan H Mansur said at a press briefing on Sunday...