Banking | Page 3 | The Daily Star
  • Kamal in denial about bad loan situation

    Bangladesh's non-performing loan situation is not as dire as is being reported in the news media, said Finance Minister AHM Mustafa Kamal.

  • World Bank chief resigns abruptly

    World Bank Group President Jim Yong Kim unexpectedly resigned on Monday, more than three years before his term ends in 2022, amid differences with the Trump administration over climate change and the need for more development resources.

  • State banks' cash recovery flatters to deceive

    Despite the huge loan rescheduling spree, the four state-owned banks saw poor cash recovery from their top defaulters in the first nine months of 2018.

  • Loan rescheduling soars 30pc

    Loan rescheduling soared about 30 percent to Tk 10,963 crore in the first nine months of 2018, fuelling further fears for the sector.

  • Janata sinks into colossal losses

    Janata Bank logged in losses of Tk 3,132 crore in the first nine months of 2018, a stunning reversal in fortune for the state-owned bank as loan irregularities finally take a toll.

  • Pubali Bank reappoints additional MD

    Safiul Alam Khan Chowdhury has recently been reappointed additional managing director of Pubali Bank for three years.

  • Banks post hefty operating profits despite challenges

    Private banks reported hefty operating profit in the just concluded year, helped by the much higher interest rate on lending than that on deposits.

  • Banks' capital rises, but artificially

    The banking sector's capital base strengthened in the third quarter of the year as state-run Sonali Bank got a shot in the arm from the central bank as it exercised its 'regulatory forbearance' right.

  • Farmers Bank to take new name amid image crisis

    Farmers Bank is set to be renamed Padma Bank as the troubled bank looks to sweep the gross irregularities and loan scams under the carpet and get an image makeover.

  • Election fuels bank borrowing

    The government's borrowing from the banking system shot up in the last two months to meet its expenditure ahead of the national election scheduled next week.

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