Pvt sector credit growth plunges
Private sector credit growth in Bangladesh fell sharply to 7.15 per cent in January, deepening challenges in the banking sector and the broader economy...
Tags : Bank
Savers face persistent negative returns on deposits
The weighted average interest rate gap between deposit and lending rate in banking sector remained above 5 per cent for the past 11 consecutive months, depriving depositors of significant returns on their savings.
Anwar Hussain SBAC Bank vice-chairman
Anwar Hussain, an industrialist and businessman, has been elected as the vice-chairman of the board of directors of SBAC Bank PLC.
BRAC Bank to provide banking solutions to Ispahani
BRAC Bank has signed a strategic partnership with Ispahani Group to provide exclusive banking solutions to accelerate the business growth of this leading corporate conglomerate in Bangladesh.
IFIC Bank Celebrates International Women鈥檚 Day 2025
IFIC Bank PLC celebrated International Women鈥檚 Day 2025 with a special event held at IFIC Tower on Thursday, reinforcing its commitment to fostering an inclusive and merit-based workplace.
Meghna Bank opens agent banking outlet in Chattogram
Meghna Bank PLC has recently inaugurated a new agent banking outlet in Abedin Colony, Love Lane, Chattogram.
Remittances through agent banking rises to Tk 1,73,390cr
Disbursement amount of inward remittances through agent banking rose 21.16 per cent to Tk聽1,73,390.72 crore at the end of December 2024.
Bashundhara allowed to reschedule loans
Bangladesh Bank governor Ahsan H Mansur on Thursday agreed to allow the rescheduling of defaulted loans taken by the Bashundhara Group, one of the country鈥檚 industrial conglomerates.
Short term foreign loans drop below $10b after 4yrs
Private sector short-term foreign loans dropped below $10 billion in January for the first time in four years as businesses prioritised repaying existing loans over securing new ones, amid ongoing political unrest in the country...
US top remittance source in Feb
Bangladeshi expatriates in the United States sent home the highest remittance amounting to US$491.26 million in February, according to Bangladesh Bank data...
EBL files Tk 200cr defamation suit against client
Eastern Bank PLC has filed a defamation lawsuit against its client Md Murtoza Ali, seeking Tk 200 crore in compensation.
City Bank inks deal with IDCOL for digital cash management solution
City Bank and Infrastructure Development Company Limited have recently signed an agreement at the latter鈥檚 head office in Dhaka, said a press release.
Court issues travel bans on 23 people, including ex- BB chief Atiur Rahman
A Dhaka court on Thursday issued travel bans on 23 people, including former Bangladesh Bank governor Atiur Rahman and former Janata bank chairman Abdul Barkat and former managing director Abdul Salam Azad in connection with a corruption case...
Banks in Bangladesh face Tk 1 lakh cr provision shortfall
The banking sector鈥檚 provision shortfall crossed Tk 1 lakh crore for the first time in December 2024, marking a staggering 337 per cent growth in just six months due to increased distressed assets in banks, especially in private commercial ones...
Prime Bank launches Sadaqah Jariyah account
Prime Bank PLC has launched 鈥楽adaqah Jariyah鈥� account, a new Islamic banking product that will allow customers to donate to charitable causes continuously, said a press release...
Central Shariah Board holds fiqh committee meeting
Central Shariah Board for Islamic Banks of Bangladesh held its 52 meeting of the fiqh committee...
BB to ensure 50pc women staff in agent banking: governor
Bangladesh Bank governor Ahsan H Mansur on Tuesday said that the central bank would soon issue a circular ensuring that 50 per cent workforce of the agent banks would be women...
BB reduces CRR for banks to 3pc amid cash crisis
Bangladesh Bank on Tuesday reduced the cash reserve ratio (CRR) for banks from 3.5 per cent to 3 per cent considering the current poor deposit growth in the banking sector...
AB Bank holds clients appreciation program
AB Bank PLC has recently organised a 鈥楥lients Appreciation鈥� program at all the branches...
$500m ADB loan likely for ailing banking sector
The Asian Development Bank is likely to provide $500 million budget support in May for improving assets聽 quality of the ailing banking sector.
BRAC Bank raises Tk 700cr thru subordinated bond
BRAC Bank has raised a subordinated bond worth Tk 700 crore to enhance its capital base as per Basel-III requirements.
Court orders freeze of Amu family鈥檚 44 bank accounts
A Dhaka court on Sunday ordered to freeze 44 bank accounts of former industries minister and veteran Awami League leader Amir Hossain Amu, his wife Saida Haque and daughter Sumaia Hossain over graft allegations...
Islami Bank clients demand return of founding directors
Islami Bank Grahak Forum (IBGF) on Sunday demanded that Islami Bank be returned to its founding directors to restore customer trust...
Bank officers helped S Alam drain Tk 2,000cr
A recent Bangladesh Bank inspection has revealed that employees of banks previously controlled by S Alam Group systematically facilitated massive, unrecorded cash withdrawals for the controversial conglomerate.
ONE Bank opens sub-branch at KAFCO
ONE Bank formally inaugurated its 48th sub-branch at KAFCO Centre under Anowara branch on Thursday...
Nexus Sweater uses Payroll Banking of Southeast Bank
Southeast Bank PLC has signed a memorandum of understanding recently with NEXUS Group for providing workers鈥� wages and other banking services...
Primeacademia services for Prime College of Nursing
Prime Bank PLC and Prime College of Nursing, Dhaka, signed an agreement through which students, teachers, guardians and staff of Prime College will get seamless banking services under its specialised segment `primeacademia鈥�...
BRAC Bank partners with ShareTrip
BRAC Bank has partnered with ShareTrip, a travel and lifestyle company, to provide exclusive benefits to its premium banking senior customers...
Mercantile Bank鈥檚 Town Hall Meeting held at Sylhet
Mercantile Bank PLC held Town Hall Meeting at Grand Sylhet Hotel and Resort on Friday...
Exim Bank holds shari鈥檃h supervisory committee meeting
Exim Bank held its 130th shari鈥檃h supervisory committee meeting on February 27 at the boardroom of its head office in the capital Dhaka...