• Saturday, November 29, 2014

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Janata Bank

Barkat hits out at Muhith

Abul Barkat, the immediate past chairman of Janata Bank, yesterday pilloried Finance Minister AMA Muhith, calling him an intellectual fraud, vindictive and power abuser. “He [Muhith] is always humiliating people. He does not know how to show respect -- that's why he is always using dismissive words like 'rubbish',” Barkat said at the unveiling of the book, Janata Bank's Five Years in Corporate Social Responsibility, at the National Press Club in Dhaka. He went on to term the finance minister an...

Separate pay scale for BB, SOBs soon: Muhith

Separate pay scale for BB, SOBs soon: Muhith

The government will announce separate pay scale for the employees of Bangladesh Bank and four state-owned banks (SOBs) soon, Finance Minister AMA Muhith announced today. “Share of the nationalised banks will also be offloaded in the market within the tenure of the present government,” the minister said while addressing the annual conference of Janata...

State banks see surplus capital on public funds

State banks see surplus capital on public funds

State banks that had huge deficits earlier now enjoy surplus capital as the government has injected fresh funds into the banks and improved their asset quality. Four state-owned banks had a surplus capital of Tk 855 crore on December 31, 2013, though they had a deficit of Tk 8,863 crore on September 30, according...

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