Dhaka August 24, 2025, 1:56 am
Islami Bank Bangladesh Limited's (IBBL) liquidity crisis was induced by a mix of aggressive lending and a decline in deposits last year. The bank’s deposits amounted to over Tk80,000 crore in January 2017 but have drastically
Prime Minister's Office issued a circular for 24x7 banking transaction to run the port and customs activities smoothly in the port city's Agrabad commercial area and areas adjoining the port and Customs office
Bangladesh Bank has asked Bangladesh International Arbitration Centre (BIAC) and Association of Bankers Bangladesh (ABB) to draft the guideline for realisation of non-performing loans (NPLs) in the banking sector and make ame
Arastoo Khan resigned from the post of chairman of the Islami Bank Bangladesh Limited (IBBL) on Tuesday. The bank has immediately appointed independent director Nazmul Hassan as the new chairman
The classified loans of the Prime Bank is now 5% plus, but we will bring it down below 3% within next three years
The year 2017 was the year of banking scam. Now banking sector has reduced to an orphan. And its guardians are now abusing the orphan
During the festival, BKB disbursed fresh loan of Tk. 3.90 billion among 26,470 borrowers. 1,29,581 loanees repaid loans worth Tk 4.75 billion of which Tk. 861.7 million was classified. An amount of new deposit of Tk 2.04 bil
Exports and remittances have historically served Bangladesh well by fostering rapid economic growth, but in more recent years their contributions to growth have weakened. Now Bangladesh needs of seeking new drivers of growth
As part of the bank’s Corporate Social Responsibility, NCC Bank Chairman Md Nurun Newaz Salim handed over the cheque of Taka 50 million to Prime Minister Sheikh Hasina at Ganabhaban
Interest rates have to be slashed and they should be in single digits. Otherwise, investment will not accelerate along with employment generation
Non-Performing Loans (NPL) is one of the issues that is impacting capital adequacy of the industry, especially the eight state-owned commercial and specialised banks.
Finance Minister said that he had given list of the loan defaulters several times in the parliament
The country's macroeconomic management was sound. Inflation moderated to 5.4 % in FY2017 from 5.9% a year earlier
Manila-based international lender organisation ADB projected that Bangladesh economy is likely to grow by 7.0 per cent in the current fiscal year. They also projected that annual inflation rate may reach at 6.10 per cent in F
From the research findings, it appears that there is lack of understanding on IT Governance responsibility in banks. Banks should give proper attention to follow appropriate guidelines, standards and framework to successfully
WB will provide $450 million for Enhancement and Strengthening of Power Transmission Network in Eastern Region Project and the rest $65 million for the Bangladesh’s insurance sector development project
The banks, having the ADR above re-fixed limit, will have to submit monthly progress reports to the Department of Off-site Supervision (DOS) within 10 working days each month
Wage Earners' Welfare Board (WEWB) handed over Tk 1.0 billion on Monday. The amount has helped PKB to manage a total amount of Tk 4.0 billion, which is the required paid-up capital for a scheduled bank
The VAT officials have found payable liabilities on account of excise duty and VAT of the state-owned bank is Tk 355 million and Tk 53 million respectively between December 2017 and January 2018.
A four-member high-powered committee formed by Rupali Bank will visit Pakistan soon to withdraw existing shares of state-run Rupali Bank from Pakistan-based Summit Bank
