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Banking


Macroeconomic pressures to persist in Jul-Dec: Mansur

The Bangladesh Bank in its new monetary policy statement said that the country will continue to face significant macroeconomic challenges in the first half of fiscal year 2025–26 due to persistent domestic vulnerabilities and growing external risks...

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SEB opens 11 agent outlets

Southeast Bank PLC has recently launched eleven agent banking outlets, said a press release...

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Masud becomes BRAC Bank AMD

M Masud Rana has been promoted to additional managing director of BRAC Bank effective tomorrow, said a press release...

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BB sticks to tight monetary policy

The Bangladesh Bank is set to announce its monetary policy statement for the first half (July–December) of the 2025–26 fiscal year, reaffirming its tight monetary stance aimed at bringing down inflation to 6.5 per cent by June 2026...

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SC clears way for holding UCB AGM

The Appellate Division of the Supreme Court on Tuesday temporarily cleared the way for holding United Commercial Bank’s 42nd annual general meeting to be held on Thursday, staying a High Court order that had earlier halted the event for three months.

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LC opening for imports edges up

The opening of letters of credit (LCs) for imports increased slightly in the fiscal year 2024–25, suggesting a modest recovery in trade activity following months of political unrest and economic uncertainty...

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NCC Bank opens ATM booth at Shahbagh metro

NCC Bank has commenced rollout of ATM booths across all 16 stations of Mass Rapid Transit Line-6, beginning with inauguration of an ATM booth at Shahbagh metro rail station, said a press release...

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Trust Bank okays 15pc dividends

Trust Bank PLC on Monday approved 7.50 per cent cash dividend and 7.50 per cent stock dividend for the year ended on December 31, 2024, said a press release...