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Banks slash deposit rates further    

Further cut in interest rates on bank deposits with lending rates remaining unchanged widened the spread in November last. Senior bankers dropped an idea that the interest rates on deposits might fall further in the coming months if the ongoing political uncertainty continued. bbThe weighted average rates on deposits came down to 7.32 per cent in November last from 7.40 per cent in the previous month while interest rates on lending remained unchanged at 12.49 per cent, according to the central bank statistics, reports the Financial Express (FE). “We want to red...

US, EU and UK urge restraint

In the wake of growing violence and loss of lives, the Unites States, European Union and United Kingdom have urged all the sides to show restraint and engage in “genuine dialogue” to solve the crisis. violance BDCondemning violence across the country centring the recent political developments, separate statements from US, EU and UK today urged the government to ensure freedom of assembly, movement and speech. They also demanded that the government probe Tuesday night’s gun attack on former foreign secretary Reaz Rahman and try the att...

Bangladesh to import only cleaner diesel from 2016

Bangladesh will lower the sulphur content of all its gasoil imports from January next year, in line with a global trend towards cleaner fuel, having moved in that direction from this month, energy officials said on Wednesday. crude oilThe country will only import gasoil with 500 parts-per-million (ppm) sulphur from 2016 and will no longer take the 2,500 ppm grade, a senior official of the Bangladesh Petroleum Corp (BPC) told Reuters. The state-owned company, the country’s sole importer of gasoil, has already started importing cleaner gasoil this y...

AIBL distributes blankets for poor

Al-Arafah Islami Bank Limited is distributing blankets among the cold effected people throughout the country. Director of the Bank Alhajj Abdul Malek Mollah inaugurated the Blanket Distribution Program organized by AIBL Manda Branch, Dhaka on 13 January, 2015. 20150114_AIBL_Manda_CSR_PressSenior Vice President & Head of AIBL Dhaka North Zone Manir Ahmad and Assistant Vice President Jalal Ahmed were present in the occasion. Manager of Manda Branch Md. Md. Mujahid Hussain organized the distribution ...

Robi provides pure drinking water at Ijtema

Robi Axiata Limited, a leading mobile phone operator is providing pure drinking water and free medical treatment for the devotees attending the Bishwa Ijtema. These facilities were set-up during the first phase of the Ijtema and will continue till the end of the second phase. iztemaA medical booth has been set-up at the Ijtema premises with four doctors working round the clock. Besides, ten water tanks have been placed in different areas of the Ijtema field to provide. In addition to these services, Robi has also set up a special customer service...

Lafarge Surma honours retailers

Lafarge Surma Cement Limited arranged “Supercrete Superhit” gold distribution program to its honorable Retailers which was held Photorecently at renowned hotel in Dhaka. Top sellers were announced as winners. 5 Vori (22 k) Supercrete Branded Gold Bar was provided to each winner. Top winners and high officials of LSC were present in the program.
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