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Tags : BANKING SECTOR


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BB issues rules for external audit of banks

The Bangladesh Bank on Tuesday issued rules on external audit of banks with the aim of strengthening financial governance, transparency and accountability in the country’s banking sector...

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Cash outside banks rises for 7th straight month

The amount of cash held outside the country’s banks increased for the seventh consecutive month in May amid low confidence of depositors in the banking sector and...

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Bank sector needs overhaul to rescue economy

Economist Ahsan H Mansur on Wednesday said that the country’s economy would collapse if a strategy for restructuring the ailing banking sector was not taken straightaway...

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Cash outside banks keeps soaring

The amount of cash held outside the country’s banks increased for the fifth consecutive month in April amid low confidence of depositors in the banking sector and inflationary pressures....

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Govt must hold off oligarchy to stop decline in banking sector

WHEN the banking sector is mired in a horde of problems — the absence of democratic governance that has encouraged corruption and irregularities, a soaring amount of bad loans that has weakened the economy and an absence of political will that has stopped a way out of the trouble...