The World Bank has intended to evaluate the asset quality of four state-owned banks in Bangladesh, with a particular focus on the scam-hit Janata Bank, using international audit firms.
Bangladesh鈥檚 six major state-owned banks Sonali, Janata, Agrani, Rupali, BASIC and Bangladesh Development Bank have been operating without managing directors for nearly a month.
A SURGE in non-performing loans in state-run banks, already plagued by non-performing loans of about 25 per cent of the total outstanding loans, shows the failure of the authorities to go tough on loan defaulters. This also shows the futility of concessions that the authorities have earlier given to loan defaulters...
Crisis-hit BASIC Bank is likely to merge with City Bank following the government鈥檚 decision on merger of four state-owned banks...