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...
Moody鈥檚 Ratings has downgraded the outlook for Bangladesh鈥檚 banking system from stable to negative, citing rising asset risks, weakening economic growth, and high inflationary pressures...
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 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.
Disbursement amount of inward remittances through agent banking rose 21.16 per cent to Tk聽1,73,390.72 crore at the end of December 2024.
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...
Prime Bank PLC has launched 鈥楽adaqah Jariyah鈥� account, a new Islamic banking product that will allow customers to donate to charitable causes continuously, said a press release...
Bangladesh Bank governor Ahsan H Mansur on Tuesday said that the central bank would soon issue a circular ensuring that 50 per cent workforce of the agent banks would be women...
Southeast Bank PLC has signed a memorandum of understanding recently with NEXUS Group for providing workers鈥� wages and other banking services...
Excess liquidity in Islamic banks surged by Tk 9,272 crore in December compared to September 2024, mainly due to the Bangladesh Bank鈥檚 massive bailout to crisis-hit shariah-based banks...
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...
Lending and deposit collection through banks鈥� agent banking outlets advanced in October-December period of 2024 compared with that in the same period of the previous year...
Excess liquidity in the county鈥檚 banking sector soared in December as depositors returned their money in banks as confidence crisis had appeared to be eased.
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...
Agrani Bank PLC organised a seminar titled 鈥楢wareness about Risk Management in Banks鈥� at its training institute in the capital...
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 Bangladesh Export Import Company Limited incurred a loss of Tk 243 crore in the second quarter (October-December) of the financial year 2024-25, losing Tk 2.58 per share....
Meghna Bank PLC hosted corporate banking conference titled 鈥楧riving Excellence - Corporate Banking Performance 2024 and Future Strategies鈥� at Lakeshore Heights Hotel in the capital Dhaka on January 23, said a press release...
Mercantile Bank PLC organised a daylong session titled 鈥楰nowledge Sharing on Shari鈥檃h Banking: an Interactive Session鈥� at Fars Hotel in the capital Dhaka on Saturday, said a press release...
Pubali Bank PLC on Wednesday inaugurated Islamic banking corner at its Khamarbari branch in the capital Dhaka, said a press release...
BRAC Bank has partnered with Bastob to provide the latter with exclusive employee banking, or EB, services, said a press release...
Mutual Trust Bank PLC on Sunday announced the name of its rebranded internet banking platform, now called MTB Neo, said a press release...
BRAC Bank recently partnered with Intercloud Limited to provide exclusive employee banking services, according to a press release...
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...
Pubali Bank PLC chairman Monzurur Rahman on Thursday instructed the bank鈥檚 officials to conduct banking operations by following rules and regulations of the Bangladesh Bank and the regulatory body, said a press release...
National Bank Limited has recently completed migration to a upgraded core banking system called Temenos Release 22, said聽 a press release...
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...
Southeast Bank PLC organised the 鈥楢nnual Agent Banking Conference 2025鈥� at the bank鈥檚 head office on Saturday inaugurated by its chairman MA Kashem...
The banking sector鈥檚 deep-rooted challenges, systemic corruption and years of unchecked scams driven by political exploitation were exposed after the August 5 political change and the revelations prompted the...