"If there is any irregularity in processing a loan, then the bank has to take the responsibility"
In the case of Covid-19 contaminated areas, branches concerned are allowed to keep open up to 4:00 pm if necessary
This unprecedented incident took place at a time when the government has been looking at the banks in the banking sector to salvage the economy devastated by the Covid-19 pandemic
The lunch were prepared by the star chefs of InterContinental Dhaka and distributed by the Bangladesh Red Crescent Society (BDRCS) to the selected hospitals
"A case has been filed with Gulshan police station on behalf of MD Mohammad Haider Ali Mia. We are trying to arrest the accused," said police
As per December 2019 information from the central bank, non-performing loans (NPL) stands at 9.32 percent, with 1.02 percent as net NPL
AIIB is providing the support to mitigate the social and economic impact of the COVID-19.
After selling $10 million on Wednesday, the day’s reserve of the Bangladesh Bank stood at $33.19 billion
Millions of livelihoods have been destroyed and healthcare systems are under strain worldwide
The government is working with the World Bank to arrange a credit guarantee scheme in the face of demand from bankers for sharing the credit risk under the stimulus package
If the profits are not distributed after the declaration, the banks will have cash liquidity of more than Tk 50 billion to Tk 60 billion
The areas where banks will remain open include Dhaka City, Ashulia, Gazipur, Savar, Narayanganj and Chattogram
The bank will run such community initiatives throughout the year
Banks and NBFIs will get 50 percent as refinance from the Bangladesh Bank against the loans they disburse to pandemic-affected industries and service sector entities
The group also wants four state-owned banks to take over its loans amounting to Tk4,000 crore with private lenders
Bangladesh Bank has revoked the special incentives for the bankers announced for working with physical presence in banks during the general holidays.
While Bengal Bank is almost done with its prelaunch activities, Strategic Finance is yet to make any headway
A leading banker Saturday suggested large-scale merger and acquisition (M&A)
Earlier on May 10, the official along with two armed security guards, collected the money from various branches in Old Dhaka and was on its way to the bank's head office in Motijheel
Eleven state-owned commercial, specialised and non-scheduled banks are losing Tk3,239 crore due to the suspension of interest on all loans for April and May