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Community Bank holds its 14th BM

Community Bank Bangladesh (CBB) held its 14th Board Meeting at the Police Headquarters in Dhaka recently. Important decisions regarding the business operation and policies of the bank were taken at the meeting that was chaired by Inspector General of Bangladesh Police and Chairman of Community Bank Bangladesh Limited Dr Benazir Ahmed BPM (Bar). Among the

Covid 19: ADB provides $231,178 grant

The Asian Development Bank (ADB) is providing $231,178 grant to boost novel coronavirus disease related facilities in 134 urban primary health centres, also called Nogor Swastho Kendro, around the country. The health centres are providing primary healthcare services to the urban poor under the ADB-supported Urban Primary Health Care Services Delivery

BEZA provides food assistance to to 7000 workers’ families

Bangladesh Economic Zones Authority (BEZA) is providing food assistance to some 7,000 families whose livelihoods were affected by the prolonged nationwide shutdown due to the coronavirus outbreak. Those people work at different ongoing economic zones and became jobless on a temporary basis due to suspension of development activities at the sites of various

Mukesh Ambani raises more than $10 Billion in a month

Megha Bahree U.S. private equity giant KKR & Co. has become the latest global firm to buy a piece of Jio Platforms, the telecom and digital business of Indian billionaire Mukesh Ambani. KKR is paying 113.7 billion rupees ($1.5 billion) for a 2.3% stake in Jio, becoming its fifth investor in a

Rupali Bank disburses interest-free agri credit

Rupali Bank Limited has been disbursing interest-free credit among the poor farmers marking the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. The state-owned commercial bank has started disbursing agricultural credit among the marginal tomato farmers from January 1 this year under the ‘Zero Coupon Lending Programme’. The Bank

Mixed bag for financial sector in 2019

Robust economic reforms, remittances received from expats, boost in exports, and the vision of the leadership are major factors behind the turnaround of Bangladesh's economy in the last one year. Even in the face of a global recession, the country has recorded an estimated 8.1 per cent GDP growth in 2019. Bangladesh