Md Mehedi Hasan

Investigation is my foremost interest

Md Mehedi Hasan, Bangladeshi investigative journalist covering financial crimes especially in banking industry. Currently, working at The Daily Star as senior staff reporter with more than eight years of experience in the field of journalism.

BB's support helping banks avert pre-Eid liquidity crunch

Although banks in the country normally face a liquidity shortage due to cash withdrawals ahead of Eid-ul-Fitr each year, a majority of them have sufficient funds on hand this time around thanks to continuous liquidity support from Bangladesh Bank.

5d ago

News Analysis: BB’s feeble fight against loan defaulters

The central bank has already unveiled a framework to address vulnerabilities in the banking sector, rein in non-performing loans (NPLs) and punish wilful defaulters.

1w ago

Forex reserves keep eroding despite currency swap

Under the currency swap agreements introduced last month, the banking regulator took $1.17 billion from commercial banks and injected around Tk 20,000 crore in the form of local currencies into the banking system, according to several central bankers.

2w ago

ICB Islamic Bank in dire straits

After Padma Bank, ICB Islamic Bank appears to be the next in line to be absorbed by a stronger bank under the central bank’s roadmap to clean up the banking sector and bring in corporate governance.

2w ago

External debt crosses $100b for first time

Bangladesh’s external debt has crossed the $100 billion mark for the first time, indicating a challenging future amid foreign exchange shortage.

3w ago

NBFIs lose 17% of deposit accounts

Deposits at non-bank financial institutions (NBFIs) have slightly increased on an interest rate hike but the number of deposit accounts have dropped sharply, indicating a lack of trust.

3w ago

Exim-Padma Bank merger to take at least 18 months

The planned merger of Shariah-based Exim Bank and struggling Padma Bank is likely to take between 18 months to two-and-a-half years to complete, according to central bank officials.

3w ago

Forex market liquidity rising for US dollar inflow

Liquidity in the foreign exchange market is increasing due to a rise in the inflow of US dollars, riding on growing remittance, export earnings and currency swap deals.

3w ago
February 18, 2024
February 18, 2024

Roadmap for banking reforms: Implementation is key

Although the roadmap drawn up to reform the banking industry of Bangladesh may seem attractive on the surface, there are questions regarding its efficacy in ensuring good governance in the scam-hit sector.

February 13, 2024
February 13, 2024

Defaulted loans soar 20.7pc in 2023

The banking sector’s defaulted loans soared 20.7 percent to Tk 145,633 crore in 2023 as both governance and accountability continue to get looser.

February 12, 2024
February 12, 2024

Bad loan ratio rises to 9% in 2023 

The default loan ratio in the banking sector of Bangladesh rose to 9 percent in 2023 from 8.16 percent a year ago

February 10, 2024
February 10, 2024

Studying Abroad: Students struggle to open profiles for dollar crisis

For over a year now, thousands of Bangladeshi students wanting to study abroad have encountered obstacles while trying to open bank profiles essential for paying their fees or other expenses like housing and transportation

February 9, 2024
February 9, 2024

Nine banks asked to tighten forex vigilance at Dhaka airport

The Bangladesh Bank yesterday instructed nine banks, including four state-run lenders, to transfer officials who have been in charge of their foreign exchange booths at the Hazrat Shahjalal International Airport for more than one year.

February 4, 2024
February 4, 2024

Investors flock to risk-free treasury bills for higher returns

Government treasury bills, popularly known as T-bills, have become a lucrative tool to park funds for investors and savers driven by a record spike in yields in recent months.

January 31, 2024
January 31, 2024

Islami Bank borrows Tk 1,000cr from Sonali breaching rules

Cash-strapped Islami Bank borrowed Tk 1,000 crore from the state-run Sonali Bank offering interest, in violation of the Bangladesh Bank guidelines for Shariah-based banking.

January 30, 2024
January 30, 2024

BB’s funds to banks complicate efforts to curb inflation

The Bangladesh Bank is injecting fresh funds into the economy despite adopting a contractionary monetary policy, a contradictory move that may make it harder to tame stubborn inflation.

January 28, 2024
January 28, 2024

Funds get costlier as liquidity crisis drags on

Both the government and banks are facing a tight liquidity situation, which has pushed up the yield of treasury bills and bonds and the lending rate in the banking sector

January 25, 2024
January 25, 2024

Bangladesh plans more licences for digital banks in push to go cashless

BB plans to offer more permissions for digital banks in order to pave the way for full-fledged financial services based on a 100 percent branchless banking system

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