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Tags : Bank


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Provision shortfall in banks surges to Tk 1.7 lakh crore

The provision shortfall in Bangladesh’s banking sector surged to a record Tk 1.7 lakh crore at the end of March 2025, reflecting a 61 per cent increase in just three months as banks’ distressed assets continued to surge alarmingly...

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WB flags drop in FDI to developing countries

The World Bank said in a report Monday that foreign direct investment into developing economies has hit the lowest level since 2005, citing growing trade and investment barriers...

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Govt has issues to shore up to address NPLs

THE true extent of the vulnerability of the banking sector, weighed down by a massive volume of non-performing loans, has increasingly come to light following the ouster of the Awami League government. While the previous administration reported that non-performing loans accounted for about 10 per cent of total outstanding loans, recent data from the...

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AAIB presidential candidate meets finance adviser

The Asian Infrastructure Investment Bank presidential candidate, Zou Jiayi, on Sunday paid a courtesy visit to finance adviser Salehuddin Ahmed at the latter’s office at the secretariat...

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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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BRAC Bank promotes remittance products in Cumilla

BRAC Bank has recently organised a customer engagement event at Daudkandi in Cumilla, aimed promoting its remittance products such as ‘Probashi Poribar’ and ‘TARA Probashi Poribar,’ a press release said...

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French bank BPCE to buy Portugal’s Novo Banco

French banking group BPCE said Friday it has agreed to buy Portugal’s Novo Banco for around 6.4 billion euros ($7.4 billion), calling it the biggest eurozone cross-border acquisition in over a decade...

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Merger of 5 Islamic banks to begin soon: governor

Five Shariah-based banks are set to be merged into a single entity, with the process beginning possibly next month, Bangladesh Bank governor Ahsan H Mansur said at a press briefing on Sunday...

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World Bank approves $250 million loan to Bangladesh

The World Bank said on Saturday it approved $250 million loan to the government while more in pipeline from other lenders, laying importance mostly on transparency, accountability and public service delivery.

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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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RMG export earnings over $6b in Q3

The net exports of the readymade garment items stood at $6.09 billion in the January-March quarter or third quarter of the current financial year 2024-25, according to the Bangladesh Bank...

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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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World Bank cuts growth forecast on trade tumult

The World Bank slashed its 2025 global growth forecast Tuesday, citing trade tensions and resulting policy uncertainty, as US president Donald Trump’s wide-ranging tariffs strained ties and weighed on economic outlooks...

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Govt commercialises power sector on WB, ADB prescriptions: CAB

The interim government appears to continue commercialising the country’s power and energy sector on the prescriptions of the World Bank and the Asian Development Bank, following the footsteps of successive governments, alleged the Consumers Association of Bangladesh on Wednesday...

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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...