Governor Justifies Providing Liquidity Aid to Islamic Banks
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Governor Justifies Providing Liquidity Aid to Islamic Banks
Bangladesh Bank is extending liquidity support to struggling Islamic banks, acting as a “lender of last resort” under the governor’s…
UCB Inks MOU with Bidyanondo Foundation
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UCB Inks MOU with Bidyanondo Foundation
United Commercial Bank PLC (UCB) formalized a memorandum of understanding with the Bidyanondo Foundation, a charitable organization. The agreement outlines…
Banking Sector Savings Ratio Drops to 78.76%
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Banking Sector Savings Ratio Drops to 78.76%
The savings ratio in banking sector has hit an all-time low of 78.76%, posing a threat to the financial health…
Islami Bank Launches 12 New Sub-branches
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Islami Bank Launches 12 New Sub-branches
Islami Bank launched 12 virtual sub-branches, equipped with modern banking facilities, through a virtual platform. The CEO inaugurated the sub-branches,…
Banks Restricted from Funding Offshore Units Directly
Bangladesh Bank’s new policy restricts onshore banks from providing fund support to offshore units, aiming to end such support by…
Banks Restricted from Funding Offshore Units Directly
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