Banking | Page 2 | The Daily Star
  • Seven banks in red zone

    Seven banks in 'red zone'

    The central bank is concerned about seven banks, including three state-run lenders, for their deteriorating financial health stemming largely from rising default loans and declining capital and profits.

  • Midland Bank elects chairman, vice chairman

    Lawmaker Nilufer Zafarullah has recently been elected chairman of Midland Bank.

  • DBBL awards scholarships to 3,031 students

    Dutch-Bangla Bank Ltd (DBBL) yesterday awarded scholarships to 3,031 meritorious and unprivileged students who passed SSC and equivalent examinations this year and are now studying at the higher secondary level.

  • 13 banks face Tk 10,971cr provision deficit

    Thirteen banks faced a combined provisioning shortfall of Tk 10,971 crore in the second quarter of 2018 which not only exposed their worsening financial health but also raised the possibility of lending rate hike.

  • Banking loopholes limit potential of stockmarket

    Bangladesh's stockmarket is being held back from reaching its potential because of the indiscipline in the banking sector, which has spoiled companies' attitude, said M Khairul Hossain, chairman of the Bangladesh Securities and Exchange Commission (BSEC).

  • IFIC Bank gets new DMD

    Md Monitur Rahman has recently been appointed as deputy managing director and chief of operations and information technology at IFIC Bank.

  • Lending thru' agent banking on the rise

    Lending through agent banking grew 12.32 percent to Tk 137.32 crore in April-June compared to a quarter ago with Bank Asia leading the pack.

  • Banks, NBFIs perk up stocks

    The Dhaka bourse continued to gain for the third consecutive day yesterday thanks to the investors' increasing interest on shares of bank and non-bank financial institutions (NBFIs).

  • BB sounds cyber alarm

    The Bangladesh Bank yesterday warned banks to heighten measures to repel cyber attacks after a multinational hacking ring made off with Rs 94.4 crore from India's Cosmos Bank last week.

  • India's Cosmos Bank loses $13.5m in cyber attack

    Cyber criminals hacked the systems of India's Cosmos Bank and siphoned off nearly 944 million rupees ($13.5 million) through simultaneous withdrawals across 28 countries over the weekend, the bank tells police.

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