The loan commitments to the country by the bilateral and multilateral lenders increased in December by $1,776 million, with the commitments standing at $2,298.67 million in the July-December period of the 2024-25 financial year.
The financial account deficit surged to $581 million in the first five months (July鈥揘ovember) of FY2024鈥�25, an increase from a $206 million deficit recorded in the July鈥揙ctober period, primarily due to higher loan repayments coupled with poor loan inflows...
The Federation of Bangladesh Chambers of Commerce and Industry has urged Bangladesh Bank to extend the loan repayment period for defaulters from three months to nine months...
The Bangladesh Bank has decided to adopt a forward-looking approach to provisioning for loan losses, requiring banks to set aside money for potential losses before loans become overdue or default...
Labour adviser M Sakhawat Hussain on Thursday said that the reopening of the closed factories of Beximco Group is no longer possible, as the factories have a massive default loans...
Beximco Group, controlled by the ousted prime minister Sheikh Hasina鈥檚 adviser Salman F Rahman, has allegedly withdrawn about Tk聽50,000 crore from different banks and non-bank financial institutions, using political clout and circumventing banking norms...
Controversial Bangladesh-origin business tycoon S Alam Group has acquired a staggering Tk聽2.25 lakh crore from 10 banks and a non-bank financial institution, pushing the country鈥檚 banking sector and economy into a severe crisis.
A youth was stabbed to death, and another injured in Begumganj upazila of Noakhali, following a dispute over the repayment of a loan Saturday night...
Karmasangsthan Bank鈥檚 NPL ratio has stood at 3.68 per cent and there is no provisioning deficit in 2024 when loan disbursement, loan recovery and profit earning increased from the previous year...
The Anti-Corruption Commission (ACC) has launched an investigation into allegations of massive loan irregularities and corruption involving the controversial AnonTex Group, allegedly carried out in connivance with employees of Janata Bank...
Industrial term loan disbursements dropped in July-September period of 2024 compared with those in the same period of previous year, driven mainly by political unrests and high dollar rates...
THE failure of the authorities to take measures to discipline and facilitate the ailing non-bank financial institution sector, crippled by an abnormally high defaulted loans, is unacceptable. More than 70 per cent of non-bank financial institutions are about to collapse. The Bangladesh Bank says that 21 of the 35 institutions have more than 50 per cent...
Banks disbursed Tk 9,391 crore in agricultural loans in July-October of the 2024-25 financial year, which accounts for 24.71 per cent of the total disbursement target for FY25, according to Bangladesh Bank data...
The top 10 defaulters accounted for Tk聽6,600 crore in classified loans, nearly 31 per cent of the Agrani Bank鈥檚 total defaulted loans as of June, according to bank data.
The interim government has continued to provide crisis-hit commercial banks and large business groups with emergency loan assistances with the offering of Tk 180 crore to the Beximco Group in the past week, said officials...
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...
The Anti-Corruption Commission on Thursday filed a case against 58 people, including S Alam鈥檚 family members, Islami Bank managing director Mohammad Monirul Moula and its former chairman Ahsanul Alam, on charges of Tk 1,092 crore embezzlement through loan forgery...
The International Monetary Fund on Wednesday said that about $645 million would be made available for the third tranche under the current loan programme taken by the Awami League government before it was ousted on August 5 amid a mass uprising...
The government has signed an agreement with Asian Development Bank for Police based Loan (PBL)...
The Credit Information Bureau reported that as of November 30, 2024, the total outstanding loans and liabilities of Beximco Group companies amounted to Tk聽50,098.3 crore, the Bangladesh Bank said in an...
The amount of deposits in the country鈥檚 non-bank financial institutions (NBFIs) dropped by Tk聽68 crore in the July-September period due to a lack of customer trust and confidence in the sector...
A Bangladesh Bank report has revealed that the financial stability of 18 banks is at risk due to potential loan defaults by their top three borrowers.
The Asian Development Bank on Wednesday said that it approved $600 million 鈥榩olicy-based loan鈥� to Bangladesh...
The megaprojects implemented mostly with foreign loans by the now ousted Awami League regime have left the nation with concerns over the debt trap amid the questionable expected returns...
The Bangladesh Bank has relaxed the rules of loan classification and provisioning for the cottage, micro, small and medium enterprises sector to create more employment opportunities through increasing investment...
The Chattogram Artha Rin Adalat has ordered the seizure of shares held by S Alam Group chairman Saiful Alam and his brother Abdus Samad with two banks, in connection with a Tk聽2,000 crore loan default at Janata Bank.
The Bangladesh Bank on Sunday imposed the maximum interest rate for credit card loans, setting it at 25 per cent...
The Bangladesh Bank has extended the tenure for foreign exchange loans under buyers and suppliers credit for importing capital machinery, allowing industrial entrepreneurs to secure loans for three years instead of one...
The disbursement of foreign loans in the first four month of the current financial year dropped by 26 per cent due mainly to the regime change in the country, economists said...
The Bangladesh Bank on Wednesday tightened loan classification rules by reducing classification period of overdue loans into non-performing ones to six months that was previously nine months...
