¶¶Òõ¾«Æ·

Skip to main content

Tags : Banking


img

PBIL, EDGE sign deal on investment banking

Prime Bank Investment Limited and EDGE Research and Consulting Limited have recently signed an agreement to provide investment banking services to a wide range of institutional clients...

img

Cash outside banks drops further in Feb

Cash held outside the banking system in Bangladesh continued to decline in February, signalling a gradual shift in depositor sentiment after years of distrust driven by scandals, instability and corruption...

img

StanChart launches freelancer account

Standard Chartered Bank Bangladesh on Sunday introduced a dedicated banking service for freelancers, offering a fully digital and charge-free account named the ‘Standard Chartered Freelancer Account’...

img

Govt’s bank borrowing jumps to Tk 51,981cr

The net government borrowing from the country’s banking sector surged in the July–March period of the 2024–25 financial year compared with that in the same period a year earlier, as it ramped up borrowing to address budget deficit ahead of the financial year’s end...

img

Banks urged to cut bad loans

Economists, researchers and academics have emphasised curtailing non-performing loans to ensure good governance in the banking sector and make the country’s economy vibrant...

img

Nurullah joins Bank Asia as AMD

Nurullah Chaudhury has joined Bank Asia PLC as additional managing director and chief wholesale banking officer on Monday...

img

E-returns to be joined with banking system

National Board of Revenue chairman Abdur Rahman Khan on Tuesday said that the NBR was exploring ways to integrate online tax returns with banking system...

img

UniCredit gets ECB approval on Commerzbank stake

Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to up its stake in Commerzbank, but warned there were still hurdles ahead before a possible takeover of its German rival.

img

Bangladesh Bank dissolves boards of 3 more private banks

The Bangladesh Bank on Wednesday reconstituted boards of directors of three more private commercial banks, extending its restructuring efforts in the banking sector following the political transition on August 5...

img

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...

img

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.

img

Banks in Bangladesh face Tk 1 lakh cr provision shortfall

The banking sector’s 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...

img

Prime Bank launches Sadaqah Jariyah account

Prime Bank PLC has launched ‘Sadaqah Jariyah’ account, a new Islamic banking product that will allow customers to donate to charitable causes continuously, said a press release...

img

Default loans hit record Tk 3.45 lakh crore

The volume of non-performing loans in the country’s banking sector has skyrocketed by Tk 2 lakh crore in just one year, reaching a staggering Tk 3.45 lakh crore at the end of December 2024...

img

Lending, deposit through agent banking surge

Lending and deposit collection through banks’ agent banking outlets advanced in October-December period of 2024 compared with that in the same period of the previous year...

img

Bank deposits surge by Tk 35,743cr in Oct-Dec

Deposits in the country’s banking sector increased by about Tk 35,743 crore in the three months ending in December 2024, indicating a gradual recovery of depositors’ confidence...

img

BANKING SECTOR: Legal complexities worsen default loan crisis

The legal framework for handling non-performing loans (NPLs) in Bangladesh has become dysfunctional, allowing wilful defaulters to exploit loopholes and delay repayment, according to a report by the task force on economic reforms...

img

Meghna Bank PLC holds corporate banking conference

Meghna Bank PLC hosted corporate banking conference titled ‘Driving Excellence - Corporate Banking Performance 2024 and Future Strategies’ at Lakeshore Heights Hotel in the capital Dhaka on January 23, said a press release...

img

MBPLC holds knowledge sharing session on Shariah banking

Mercantile Bank PLC organised a daylong session titled ‘Knowledge Sharing on Shari’ah Banking: an Interactive Session’ at Fars Hotel in the capital Dhaka on Saturday, said a press release...