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...
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...
United Commercial Bank PLC has ushered in a transformative chapter in the country鈥檚 banking sector, says a press release.
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...
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...
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 will partner with DEG Impulse, Germany, to establish the first-ever SME Innovation Lab in the Bangladesh banking sector...
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.
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 PLC has recently signed a 鈥榩ayroll banking鈥� agreement with BHL Group, said a press release...
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...
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...
Lending and deposit collection through banks鈥� agent banking outlets advanced in January-March period compared with that in the same period of the previous year...
Prime Bank PLC, in collaboration with all scheduled banks operating in Rajshahi, successfully organised the School Banking Conference-2025 at the Rajshahi Zila Parishad auditorium on Saturday, aiming to foster financial literacy and promote the habit of savings among school students for addressing the financial inclusion guidelines of Bangladesh Bank...
BRAC Bank鈥檚 digital banking app, Astha, now serves more than 9 lakh customers, said a press release...
Pubali Bank PLC has hosted a two-day seminar on 鈥業slamic banking and finance鈥� at the bank鈥檚 head office recently, said a press release...
The capital shortfall in 19 banks in Bangladesh soared to record Tk聽1,71,777 crore by the end of December 2024, marking the worst capital position in the country鈥檚 banking history...
Bangladesh鈥檚 banking sector faces deepening vulnerabilities amid looming US tariffs and stalled IMF loan disbursements, which require urgent structural reforms to protect the economy and restore financial stability, speakers said at a seminar on Wednesday...
Standard Chartered Bangladesh has surpassed 100 successful Host-to-Host and API integrations for corporate and institutional clients, setting a new benchmark in the country鈥檚 digital banking journey...
Deposits in the country鈥檚 banking sector grew by 7.9 per cent in February compared with that in the same month in 2024...
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...
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...
Standard Chartered Bank Bangladesh on Sunday introduced a dedicated banking service for freelancers, offering a fully digital and charge-free account named the 鈥楽tandard Chartered Freelancer Account鈥�...
The net government borrowing from the country鈥檚 banking sector surged in the July鈥揗arch period of the 2024鈥�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鈥檚 end...
Economists, researchers and academics have emphasised curtailing non-performing loans to ensure good governance in the banking sector and make the country鈥檚 economy vibrant...
Nurullah Chaudhury has joined Bank Asia PLC as additional managing director and chief wholesale banking officer on Monday...
City Bank has announced the appointment of Mesbaul Asif Siddiqui, DMD, as its new head of Wholesale Banking. Prior to this role, he served as the chief risk officer of the bank...
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...
Religious affairs adviser Professor AFM Khalid Hossain has said that Sharia banking plays an important role in poverty alleviation and ensuring income inequality...
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.