Banking | Page 2 | The Daily Star
  • State banks' escalating bad loans a threat: BB report

    The rising default loans in the eight state banks, which accounts for 57.53 percent of the total classified loans in the banking sector, have become a threat to the sector's stability, according to the Bangladesh Bank's Financial Stability Report.

  • Rupali Insurance re-elects chairman

    Mostafa Golam Quddus has recently been re-elected chairman of Rupali Insurance Company Ltd.

  • City Bank, bKash team up to serve each others' clients

    City Bank and bKash, the country's largest mobile financial services provider, yesterday joined hands to allow their customers to avail a number of services from each other's platforms, in what can be described as a first-of-its-kind partnership for the country's financial sector.

  • HSBC launches 8th export awards

    The Hongkong and Shanghai Banking Corporation Ltd in Bangladesh yesterday launched the eighth edition of the HSBC Export Excellence Awards to recognise the contribution of the country's exporters.

  • ADB doubles commitment for next three years

    The Asian Development Bank is ready to lend $8.01 billion to Bangladesh over the next three years, almost the double the amount it had committed in the previous three years.

  • Money market unstable due to banks' problems

    Bangladesh's money market has been volatile due to the deepening problems in the banking sector, analysts said yesterday.

  • Bangladesh Bank gold error

    BB keeps on injecting dollar into market

    Bangladesh Bank has continued its practice of injecting dollars into the market this fiscal year to cool down exchange rate volatility, with $62 million being pumped in just the first 17 days of the month.

  • Agent banking bringing in deposits for banks: experts

    Agent banking is becoming a major source of deposits for banks thanks to its reach to remote population who are being encouraged to park their funds with formal institutions, analysts said yesterday.

  • Bangladesh Bank gold error

    'Gold in BB vault is all right'

    State Minister for Finance and Planning MA Mannan today said the gold in the Bangladesh Bank vaults is "alright".

  • Mistrust towards banks an 'ominous sign'

    A slight mistrust towards the country's banking sector has recently emerged in people's minds, which is an “ominous sign” for banks, said Bangladesh Bank Governor Fazle Kabir yesterday.

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