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Bangladesh Bank clears active Beximco companies to open LCs under conditions

Dhaka, May 27 -- Bangladesh Bank has authorised active and revenue-generating entities within the Beximco Group to open Letters of Credit (LCs) under strict conditions, despite the conglomerate's enta... Read More


More loans than deposits: 7 banks struggle as 16 exceed lending thresholds

Dhaka, April 7 -- Sixteen banks in Bangladesh-both state-owned and private-are grappling with a growing financial crisis triggered by months of aggressive loan disbursement far beyond regulatory limit... Read More