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damaged badly during the past government is constrained by some knotty challenges such as rising non-performing loans, outdated regulations and weak institutional capacity, economists said...
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...
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 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...
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...
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...
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...
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...
BRAC Bank will partner with DEG Impulse, Germany, to establish the first-ever SME Innovation Lab in the Bangladesh banking sector...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Excess liquidity in the county鈥檚 banking sector increased slightly in September after a sharp fall in the previous couple of months...
Finance adviser Salehuddin Ahmed on Tuesday said that they had no plan to close down troubled banks despite they were limping...
WHEN a renowned international credit rating agency such as Moody鈥檚 downgrades a country鈥檚 credit ranking or its outlook on the banking sector, it entails some consequences for the country. The agency on November 18 downgraded Bangladesh鈥檚 credit rating to B2 from B1, citing heightened political risks and lower growth. It also downgraded its outlook...
THE volume of non-performing loans in the banking sector had already been grim during the toppled Awami League. An even grimmer picture is reported with a staggering Tk 2.85 crore in default loans in September, which is a radical increase from what was reported earlier this year. The central bank data show that the defaulted loans shot up to...
The net sales of national savings certificates soared in the July-September period in the financial year 2024-25, as many depositors turned to such stable, low-risk investment instruments amid concerns over the health of country鈥檚 banking sector...