Al-Arafah bank reaffirms pledge to protect deposits
Al-Arafah Islami Bank PLC is moving forward under the guidance of regulatory authorities as part of reforms in the banking sector...
Tags : Banking
FinExcel hosts training programme on project management for banking professionals
Financial Excellence Limited, an organisation for professional training, skill development and advisory services for the financial sector, had organised a two-day training programme on project management on August 2 and August 3 at Hotel Lake Castle of Gulshan-2 in Dhaka, said a press release on Saturday...
SEB opens 11 agent outlets
Southeast Bank PLC has recently launched eleven agent banking outlets, said a press release...
Challenges still remain in banking sector in Bangladesh
Bangladesh鈥檚 banking sector has seen some tangible reforms over the past one year under the interim government, but a sustainable recovery of the sector damaged badly during the past government is constrained by some knotty challenges such as rising non-performing loans, outdated regulations and weak institutional capacity, economists said...
PBIL wins three accolades
Prime Bank Investment, investment banking arm and wholly-owned subsidiary of Prime Bank, has earned three accolades at the Asian Banking & Finance Corporate & Investment Banking Awards 2025, said a press release...
Cash outside banks surges in May
Cash held outside the banking system in Bangladesh rose significantly in May, driven by Eid-related spending and deepening distrust in banks...
Prime Bank hosts dialogue with corporate banking customers
Prime Bank has recently organised an engagement session with its corporate banking customers, bringing together prominent clients for a day of interaction, dialogue and shared perspectives on the evolving business landscape...
AIB launches general banking management workshop
Al-Arafah Islami Bank PLC on Tuesday launched a 3-day training workshop titled 鈥楪eneral Banking Management鈥� at the bank鈥檚 training institute, said a press release...
Banking system must be able to head off political interference
THE statement of the Bangladesh Bank governor that no efforts for reforms in the banking sector will be effective unless political interference is completely eliminated entails a couple of points to ponder. Although the statement is something that many experts have repeatedly made, still the statement coming from the governor once again, especially in the changed...
Banking reforms to fail if political influence persists, says governor
Bangladesh Bank governor Ahsan H Mansur on Monday said that no reform effort in the banking sector will be effective unless political interference is fully eliminated...
Time for govt to act now
THE banking sector has for decades been grappling with persistent challenges that have left it teetering on the edge of credibility. Despite being a vital pillar of the economic growth, the sector remains marred by corruption, poor governance, political interference, and a weak regulatory framework. As a result, public trust has eroded significantly and urgent reform is necessary to prevent a deepening crisis...
MBPLC hosts school banking confce in Netrokona聽
Mercantile Bank PLC hosted 鈥楽chool Banking Conference-2025鈥� in Netrokona on June 28, said a press release...
Many sound businesses suffer as loan rescheduling stalls
Many businesses with proven track records in Bangladesh are now facing growing financial distress as a rapid surge in non-performing loans in the banking sector, coupled with stricter loan rescheduling policies, has deepened their woes...
Why bank boards must lead, not rubber-stamp
CORPORATE governance is the framework by which corporations are directed and controlled. In essence, it seeks to ensure that management acts in the best interests of the real owners and shareholders while maintaining a balance between economic and social goals. In the banking sector, this balance becomes particularly critical due to the systemic importance...
Soaring NPLs impede credit flow, investment: DCCI
The banking sector鈥檚 worsening crisis, driven by a sharp rise in non-performing loans is choking credit flow and weakening the business environment in the country...
Non-residents to get more offshore banking services
Bangladesh Bank has expanded the operational scope of Offshore Banking Units (OBUs) to allow them to serve a broader category of non-resident customers...
School banking conference held by central bank
A conference on school banking was held in Barishal city on Saturday to encourage savings habits and promote financial inclusion among school students.
ADB to provide $900m loan
The Asian Development Bank on Thursday approved a $900 million loan to Bangladesh for reforming its banking sector and strengthening its resilience to impacts of climate change...
Provision shortfall in banks surges to Tk 1.7 lakh crore
The provision shortfall in Bangladesh鈥檚 banking sector surged to a record Tk聽1.7 lakh crore at the end of March 2025, reflecting a 61 per cent increase in just three months as banks鈥� distressed assets continued to surge alarmingly...
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...
UCB launches microservices-based open API banking platform
United Commercial Bank PLC has ushered in a transformative chapter in the country鈥檚 banking sector, says a press release.
French bank BPCE to buy Portugal鈥檚 Novo Banco
French banking group BPCE said Friday it has agreed to buy Portugal鈥檚 Novo Banco for around 6.4 billion euros ($7.4 billion), calling it the biggest eurozone cross-border acquisition in over a decade...
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...
Legal flaws, decentralisation fuel banking scams: Saddat
Centralised operations, diversified revenue models, and disciplined governance are vital for the recovery of Bangladesh鈥檚 banking sector, said Kimiwa Saddat, Managing Director (current charge) of Community Bank Bangladesh PLC...
BRAC Bank, DEG Impulse to set up SME Innovation Lab
BRAC Bank will partner with DEG Impulse, Germany, to establish the first-ever SME Innovation Lab in the Bangladesh banking sector...
Remittance thru agent banking rises to Tk 1.81 lakh crore
Disbursement amount of inward remittances through聽agent banking rose 20.87 per cent to Tk 1,81,204.73 crore at the end of聽March 2025.
Momen recognised at Qorus SME Banking Awards
Syed Abdul Momen, additional managing director and head of SME banking of BRAC Bank, has been awarded 鈥楽ME Banker of the Year 鈥� Bronze鈥� at Qorus SME Banking Awards 2025 in Vienna, said a press release...
Prime Bank, BHL Group sign payroll banking deal
Prime Bank PLC has recently signed a 鈥榩ayroll banking鈥� agreement with BHL Group, said a press release...
Dhaka Bank digital deposits cross Tk 1,000cr
Dhaka Bank PLC has announced that it surpassed milestone of Tk 1,000 crore in customer deposits through digital banking platforms, said a press release...
Indices in dire straits, setback for banks
The capital market closed the week with a sharp decline across all indices and a steep fall in trading activity, led by a significant drop in banking sector share prices...
