Feda Al Hossain is an Apprentice Sub-Editor at Star Business.
Islamic banking in Bangladesh continued its steady growth trajectory as of May this year, driven by consistent increases in deposits, investments and remittances..According to the Islamic Banking and Finance Statistics (IBFS) report by the Bangladesh Bank for that month, several key indica
Islami Bank Bangladesh has reported a 7.2 percent increase in profit for the April-June quarter of 2024..The profit amounted to Tk 307 crore whereas it was Tk 286.22 crore in the same period last year..For the first half of the year, the bank's profit rose to Tk 356.92 crore from Tk
Purchases using credit cards in Bangladesh displayed periodic fluctuations but overall indicated an upward trend in the months since May 2023, highlighting a growing appetite among consumers for credit.
The fluctuation indicates that the growth of the economy, when measured in dollars, has been lower than initially projected, due to the weakening of the taka.
Crisis-ridden National Bank’s financial woes have deepened further, as the bank’s losses increased by a massive 145 percent year-on-year in the first quarter of 2024.
National Bank went from a financially stable bank to a bank marred in irregularities
Islami Bank Bangladesh recorded a profit of Tk 635.33 crore in 2023, the highest since 2019
Endowment is the most popular life insurance plan in Bangladesh as it offers a life cover and fixed returns
Islamic banking in Bangladesh continued its steady growth trajectory as of May this year, driven by consistent increases in deposits, investments and remittances..According to the Islamic Banking and Finance Statistics (IBFS) report by the Bangladesh Bank for that month, several key indica
Islami Bank Bangladesh has reported a 7.2 percent increase in profit for the April-June quarter of 2024..The profit amounted to Tk 307 crore whereas it was Tk 286.22 crore in the same period last year..For the first half of the year, the bank's profit rose to Tk 356.92 crore from Tk
Purchases using credit cards in Bangladesh displayed periodic fluctuations but overall indicated an upward trend in the months since May 2023, highlighting a growing appetite among consumers for credit.
The fluctuation indicates that the growth of the economy, when measured in dollars, has been lower than initially projected, due to the weakening of the taka.
Crisis-ridden National Bank’s financial woes have deepened further, as the bank’s losses increased by a massive 145 percent year-on-year in the first quarter of 2024.
National Bank went from a financially stable bank to a bank marred in irregularities
Islami Bank Bangladesh recorded a profit of Tk 635.33 crore in 2023, the highest since 2019
Endowment is the most popular life insurance plan in Bangladesh as it offers a life cover and fixed returns
The number of women in Bangladesh with bank accounts opened via agent banking far exceeds that of men as the facility offers better accessibility and guidance for various banking services, making it particularly suitable for those living in rural areas.
Dhaka can be full of chaos. With all the noise pollution, traffic congestion, and overcrowding, there still exist a few places where you can find respite from all that and just get lost in the serenity and Dhanmondi Lake is one of them.