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Banking


Defaulted loans hit record Tk 4.2 lakh crore

The amount of non-performing loans in the country’s banking sector has soared by Tk 74,570 crore in just three months to reach Tk 4.20 lakh crore at the end of March 2025, according to the Bangladesh Bank.

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Loan release for leather sector falls short of target

The Bangladesh Bank’s initiative to inject Tk 232 crore into the leather sector for procuring rawhide during Eid-ul-Azha has fallen significantly short, with only Tk 125 crore disbursed to businesses, according to industry insiders...

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Deposits in 10 banks surge by Tk 32,000cr in 3 months

Deposits in 10 well-performing private commercial banks surged by Tk 32,000 crore in the three months ending in March 2025, as depositors moved their funds away from financially weak institutions amid growing fears of collapse, persistent fund shortages, and distrust in bank management...

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Bank accounts with over Tk 1cr decline

The number of bank accounts holding deposits of over Tk 1 crore declined by 719 in March due to poor business environment in the country...

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Midland Bank holds 12th AGM

The 12th Annual General Meeting of the Midland Bank PLC was held June 4 through Hybrid System in combination with physical presence of shareholders at the B N Sagorika Hall, Naval Headquarters, Dhaka, says a press release.

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Current account deficit reduced in July-Apr

Bangladesh’s current account deficit shrank sharply in the first ten months of the 2024–25 fiscal year, driven largely by a surge in remittance inflows, according to the latest data released by Bangladesh Bank...

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Rush at banks on last working day

Banking transactions across both public and private banks concluded in a busy atmosphere on Wednesday, the last working day before the Eid-ul-Azha holidays, with customers crowding branches to withdraw cash...

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City Bank, CEAB hold Chinese Investors’ Night

City Bank PLC, in collaboration with Chinese Enterprises Association in Bangladesh recently hosted a high-level business networking event in honour of the visiting business delegation comprising over 100 Chinese investors and businessmen, says a press release.

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Sonali Bank to receive BKMEA fees

Sonali Bank PLC signed an agreement with Bangladesh Knitwear Manufacturers and Exporters Association to collect charges-fess from various services through the Sonali Payment Gateway.