Union Bank holds audit committee meeting
The newly formed audit committee of Union Bank PLC held its 6th meeting at the bank鈥檚 head office at Gulshan-1 in Dhaka on Thursday.
Banking
Southeast Bank holds professional workshop
The Southeast Bank Training Institute organised a daylong workshop on 鈥楽EBPLC products and service knowledge, cross-selling techniques, and effective marketing strategy鈥� on Thursday.
Shahjalal bank holds 890th EC meeting
Shahjalal Islami Bank PLC held the 890th meeting of its executive committee on Wednesday at the corporate head office of the bank.
Banks asked to adopt predictive loan loss provisioning by 2027
The Bangladesh Bank has decided to adopt a forward-looking approach to provisioning for loan losses, requiring banks to set aside money for potential losses before loans become overdue or default...
BB resets sukuk allocation quotas
The Bangladesh Bank has reset quotas for allocating sukuk among Shariah-based banks, financial institutions, insurance companies and individual investors...
S Alam鈥檚 loans hit Tk 2.25 lakh crore, 44pc anonymous
Controversial Bangladesh-origin business tycoon S Alam Group has acquired a staggering Tk聽2.25 lakh crore from 10 banks and a non-bank financial institution, pushing the country鈥檚 banking sector and economy into a severe crisis.
JAJ Bhuiyan lifts Tk 1,210cr thru little-known Jakia group
JAJ Bhuiyan Group withdrew Tk 1,210 crore through the little-known Jakia Group, alongside its Tk 1,090 crore loans from Agrani Bank, to bypass the Bangladesh Bank鈥檚 single borrower exposure limit...
BB extends import bill payment period to 360 days
The Bangladesh Bank has extended the payment period for imported raw materials and agricultural inputs from 180 days to 360 days...
WB calls for forensic audit of 4 state banks in Bangladesh, FID reluctant
The World Bank has intended to evaluate the asset quality of four state-owned banks in Bangladesh, with a particular focus on the scam-hit Janata Bank, using international audit firms.
Karmasangsthan Bank鈥檚 default loan decreases
Karmasangsthan Bank鈥檚 NPL ratio has stood at 3.68 per cent and there is no provisioning deficit in 2024 when loan disbursement, loan recovery and profit earning increased from the previous year...
Lending-deposit rate gap above 5pc for 10 months
The weighted average interest rate gap between deposit and lending rate in banking sector remained above 5 per cent for the past 10 consecutive months, depriving depositors of significant interest earnings...
Mosharaf joins BCBL as MD, CEO
Mohammed Mosharaf Hossain joined Bangladesh Commerce Bank Limited as managing director and chief executive officer on Thursday, said a press release.
FSIB opens customer service campaign
First Security Islami Bank launched a month-long special customer service campaign with the motto 鈥楴ew Dimension in Customer Service, Will Ensure Progress鈥� at its head office on Wednesday, said a press release.
AIB distributes blankets
Al-Arafah Islami Bank PLC distributed blankets among cold-affected people in an event at the bank鈥檚 head office on Thursday, said a press release.
82 BRAC Bank officials get BIA certification
A total of 82 officials from BRAC Bank were officially certified by the Bangladesh Insurance Academy after completing bancassurance training on Wednesday, said a press release.