Banks鈥� retained earnings negative of Tk聽7,421cr
The retained earnings of Bangladesh鈥檚 banking sector have plunged into negative territory, exposing the depth of financial stress that has gripped the industry...
Tags : banking sector
Lending-deposit rate gap above 5.8pc for 15 months
The weighted average interest rate spread in Bangladesh鈥檚 banking sector has remained above 5.8 per cent for 15 consecutive months through to July 2025, highlighting a prolonged imbalance that continues to deprive depositors of fair returns.
High NPLs, weak capital push banks into losses: BB
The country鈥檚 banking sector has been facing deepening crisis, as bad loans continue to soar, capital buffers shrink, and profitability slips into negative territory, according to Bangladesh Bank鈥檚 latest quarterly report for January鈥揗arch 2025...
Bangladesh鈥檚 banking sector pulled back from the brink: BB governor
Bangladesh鈥檚 banking sector has managed to pull back from the brink over the past year, Bangladesh Bank governor Ahsan H Mansur said on Sunday, crediting a series of measures taken since he assumed office...
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...
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damaged badly during the past government is constrained by some knotty challenges such as rising non-performing loans, outdated regulations and weak institutional capacity, economists said...
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...
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...
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...
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...
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...
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...
Speedy reforms needed to save economy : ICCB
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...
Banks witness steady growth in deposits
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...
Govt鈥檚 bank borrowing jumps to Tk聽51,981cr
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...
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鈥檚 economy vibrant...
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...
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...
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...
Default loans hit record Tk 3.45 lakh crore
The volume of non-performing loans in the country鈥檚 banking sector has skyrocketed by Tk聽2 lakh crore in just one year, reaching a staggering Tk聽3.45 lakh crore at the end of December 2024...
Bank deposits surge by Tk 35,743cr in Oct-Dec
Deposits in the country鈥檚 banking sector increased by about Tk 35,743 crore in the three months ending in December 2024, indicating a gradual recovery of depositors鈥� confidence...
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...
Lending-deposit rate gap above 5pc for 10 months
The weighted average interest rate gap between deposit and lending rate in banking sector remained above 5 per cent for the past 10 consecutive months, depriving depositors of significant interest earnings...
BB appoints EY, KPMG to audit 6 troubled banks
The Bangladesh Bank has enlisted global auditing firms Ernst & Young (EY) and KPMG to evaluate the asset quality of six banks currently mired in financial irregularities and corruption. The audit, funded by the Asian Development Bank, is part of efforts to restore transparency and accountability in the banking sector...
Pvt sector credit growth plunges to 7.66pc
Private sector credit growth in Bangladesh fell sharply to 7.66 per cent in November, the lowest in 41 months, intensifying challenges in the banking sector and the broader economy...
A welcome step that needs proper implementation
THE Bangladesh Bank tightening loan classification rules by shortening the period of overdue loans to become non-performing to six months from nine months is welcome. The rules aligned with international practices, issued in a circular on November 27, would give a clearer picture of non-performing and bad loans in the banking sector. The rules are likely to help the authorities regulate the banking sector more...