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April 1, 2019 - Lower bank interest rate, pay off loan on time: PM
April 1, 2019 - Programmes taken to celebrate Bangabandhu’s birth centenary
April 1, 2019 - FR Tower tilted slightly: experts
April 1, 2019 - Bangladesh sees lowest debt-GDP ratio in world: Kamal
April 1, 2019 - Political talks between Bangladesh and Switzerland on tomorrow
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April 1, 2019 - Drives to inspect buildings safety measures begin tomorrow: Rezaul
April 1, 2019 - Govt wants to bring back Bangabadhu’s fugitive killers: FM
April 1, 2019 - BNSK observes 88th birthday of Shaheed Journalist Selina Parvin
March 31, 2019 - Sayeed H. Chowdhury, Chairman, Board of Directors of ONE Bank Limited, poses for a photo session with the scholarship winners from various educational institutions of Dhaka and sub-urbs of Dhaka arranged by the Bank at Officers’ Club in the city Thursday. Asoke Das Gupta, Vice-Chairman, Kazi Rukunuddin Ahmed, Shawket Jaman, Directors, M Fakhrul Alam, Managing Director and Wakar Hasan, DMD of the Bank were also present.
March 31, 2019 - Dr. Muhammad Imran, Ambassador of Bangladesh to UAE, inaugurating the ATM operation of Janata BanK Limited, at Abu Dhabi recently. Amirul Hassan, Chief Executive, JBL UAE operation and other Bangladeshi expatriates attended the inaugural ceremony.
March 31, 2019 - Kazi Akram Uddin Ahmed, Chairman, Board of Directors of SBL Capital Management Limited, presiding over its 32nd meeting at its head office in the city recently. Mohammed Shamsul Alam, Mohammed Abdul Aziz, SAM Hossain, Md. Zahedul Hoque, Kazi Sanaul Hoq, Mamun-Ur-Rashid, S S Nizamuddin Ahmed, Kazi Khurram Ahmed, Tazmeem Mostafa Chowdhury, Md. Shahedul Alam, Directors of the company were also present.
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March 31, 2019 - UCBL signs agreement with InterContinental Dhaka
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March 28, 2019 - DWCCI holds Annual General Meeting 2018
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March 27, 2019 - Hasan urges parties to discard negative politics for nation building
March 27, 2019 - AL pays homage to Bangabandhu on Independence Day
March 27, 2019 - President hosts reception on Independence Day
March 27, 2019 - President, PM pay homage to Liberation War heroes
March 25, 2019 - Mohammad Mejbahuddin, Chairman, Board of Directors of Bangladesh Development Bank Limited (BDBL), presiding over a discussion meeting marking the Independence and National Day at its head office on recently. Salma Nasreen, Director, Manjur Ahmed, Managing Director, officials and leaders of Bangabandhu Parishad, Officers Association & Employees Union (CBA) of the Bank were also attended.
March 25, 2019 - SM Formanul Islam, Executive Director and CEO of Bangladesh Infrastructure Finance Fund Limited (BIFFL), attended at ‘Voluntary Blood Donation Programme’ marking its 8th anniversary at its Kakrail office premises on Thursday. Sagir Hossain Khan, Chief Operating Officer, Mohammad Khan, Secretary and other officials of the company were also present.
March 25, 2019 - Prof. Dr. Md. Salim Uddin, FCA, FCMA, Chairman, Executive Committee of Islami Bank Bangladesh Limited and Chairman of Bangladesh House Building Finance Corporation addressing a conference of ‘Insurance Fair’ organized by Insurance Development and Regulatory Authority-IDRA as special guest in Chattogram recently.
March 25, 2019 - Managing Director and CEO of Prime Bank Rahel Ahmed Managing Director and CEO of Prime Bank Rahel Ahmed poses for photograph with the participants at a wholesale banking offsite event at The Palace Luxury Resort in Habiganj recently. The bank’s Deputy Managing Director (DMD) Md Golam Rabbani, DMD and CBO (Commercial Banking Division) Md Touhidul Alam Khan, and DMD and CFO Md Habibur Rahman Chowdhury were also present on the occasion.
March 22, 2019 - BEZA to set up 9.5 km cable car route at Naf Tourism Park
March 14, 2019 - Syed Waseque Md Ali, Managing Director of First Security Islami Bank Limited (FSIBL) and Dr. Chowdhury Mohammad Wasiuddin, Managing Director of Padma Islami Life Insurance Limited, exchanging an agreement signing document regarding life insurance facilities to FSIBL employees and clients at the Bank’s head office in the city on Wednesday. High officials from both the organizations were also present.
Lower bank interest rate, pay off loan on time: PM

Lower bank interest rate, pay off loan on time: PM

DHAKA: Reiterating her call to bank owners to lower the interest rate to single digit, Prime Minister Sheikh Hasina yesterday asked the businessmen to pay off the loan and interest on time.

“We have given some facilities to bank owners as per their desire to lower the interest rate of bank loan to single digit. But, only some banks, not all, have slashed the interest rate to nine percent,” she said while inaugurating the first “National Industrial Fair, 2019, at Bangabandhu International Conference Centre (BICC) here in the capital.

The government earlier kept 70 percent public money in state-run banks and 30 percent in private banks, but now they are getting equal portions of the money, she said.

Although the bank owners aren’t bringing down the interest rate, they are doing businesses with setting up industries, she said.

The government may look into whether the bank owners are giving VAT, taxes and purchasing raw materials in a proper manner, she continued.

Describing the bank loan as the main barrier to industrialisation, she said, “Once the interest rate of bank loan was in single digit. But, it has now reached 14, 15 or 16 percent.”

The premier blamed IMF (International Monetary Fund) for taking the bank loan interest rate to such a high level, as the government was compelled to withdraw cap system (limit on how high an interest rate can rise on variable rate debt) following its prescription.

Sheikh Hasina called upon the businessmen to repay the loan or pay its interest in due time.

The Industries Ministry organized the weeklong ‘National Industrial Fair-2019’ at BICC in the city. The event will end on April 6.

Industries Minister Nurul Majid Mahmud Humayun, MP, presided over the function while Industries Secretary Md. Abdul Halim gave the welcome address.

PM’s Private Industry and Investment Adviser Salman Fazlur Rahman, State Minister for Industries Kamal Ahmed Majumder and President of Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Shafiul Islam Mohiuddin spoke on the occasion.

The fair is open for all from 10am to 8pm.

As many as 300 organisations are taking part in the fair to display country-made jute goods, food and agro products, leather items, electrical and electronics products, plastics and handicrafts.

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