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Banking


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Many weak banks recovering, says BB governor

Bangladesh Bank governor Ahsan H Mansur has said that several banks, which were on the brink of bankruptcy, are now making significant strides in recovery due to strengthened regulatory measures and improved management practices.

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Islami Bank top remittance collector

Bangladesh Bank governor Ahsan H Mansur said that Islami Bank was established as an international bank where many foreign investors invested and the bank secured the top position in collecting foreign remittance.

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Banks’ dollar holdings plunge by $1.72b

The dollar reserves held by Bangladesh’s commercial banks have sharply declined by $1.72 billion in just five months, highlighting the fallout from Bangladesh Bank’s ineffective strategies amid a crippling dollar crisis.

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Southeast Bank, GNIBC sign deal

Southeast Bank PLC and Gopaldi Nazrul Islam Babu College recently signed an agreement for providing tuition fees collection services, payroll banking services, school banking and other banking services, said a press release.