Lending, deposit through agent banking surge
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...
Tags : banking
Banks鈥� excess liquidity hits Tk 2.15 lakh crore in December
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.
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...
Agrani Bank hosts seminar on risk management in banking
Agrani Bank PLC organised a seminar titled 鈥楢wareness about Risk Management in Banks鈥� at its training institute in the capital...
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...
Beximco incurs losses amid banking crisis, factory halt
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 holds corporate banking conference
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...
MBPLC holds knowledge sharing session on Shariah banking
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...
PBPLC opens Islamic banking corner at Khamarbari branch
Pubali Bank PLC on Wednesday inaugurated Islamic banking corner at its Khamarbari branch in the capital Dhaka, said a press release...
BRAC Bank to provide EB services to Bastob
BRAC Bank has partnered with Bastob to provide the latter with exclusive employee banking, or EB, services, said a press release...
Rebranded MTB Neo launched
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 partners with Intercloud to provide employee banking services
BRAC Bank recently partnered with Intercloud Limited to provide exclusive employee banking services, according to a press release...
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...
Pubali Bank chair stresses following BB rules
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...
NBL upgrades its CBS to Temenos Release 22
National Bank Limited has recently completed migration to a upgraded core banking system called Temenos Release 22, said聽 a press release...
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...
Southeast Bank holds agent banking confce
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...
Looking back 2024:聽Bank sector ills exposed, reforms yet to gain pace
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...
Information center for financial, social data in the offing: Salehuddin
Finance adviser Dr Salehuddin Ahmed has announced that the interim government is working to establish a centralised information hub for financial and social data, aiming to enable investors to access all necessary information with a single click....
Islamic banks鈥� deposits go down by Tk 11,781cr
Deposits at Shariah-based banks in Bangladesh dropped by Tk 11,781 crore, leading to a negative liquidity position of around Tk 2,000 crore in September, as public confidence plummeted following widespread loan scandals and irregularities...
Bangladesh Bank drafting separate rules for Islamic banking
Bangladesh Bank is drafting separate rules to regulate the Islamic banking system in the country, a move that has stirred mixed reactions among bankers and analysts...
RMG makers facing banking challenges: study
The country鈥檚 apparel makers are facing significant challenges in banking processes, particularly with issues related to raw material imports and export proceeds receipts, according to a study...
Banks鈥� distress asset stands at聽Tk 6.75 lakh crore
Distressed assets in Bangladesh鈥檚 banking sector surpassed Tk聽6.75 lakh crore at the end of FY24, an amount equivalent to the cost of 13.5 Dhaka Metro systems or 22.5 Padma Bridges, according to a...
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...
Excess liquidity in banks inches up
Excess liquidity in the county鈥檚 banking sector increased slightly in September after a sharp fall in the previous couple of months...
No bank to be closed down: finance adviser
Finance adviser Salehuddin Ahmed on Tuesday said that they had no plan to close down troubled banks despite they were limping...
Issues govt needs to address for better credit rating
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...
Streamlining banking sector should be a policy priority
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...
Default loans in Bangladesh's banking sector surge to Tk 2.85 lakh crore
The volume of non-performing loans in the banking sector surged to a staggering Tk 2.85 lakh crore in September after the implementation of stricter regulatory practices, the minimisation of...
