Bangladesh Banking sector
Kamal doesn’t know what is wrong with the banking sector
Islami Bank, Social Islami Bank and First Security Islami Bank lent about Tk 9,500 crore under suspicious circumstances, as reported by different media. Of the sum, Tk 7,246 crore has been taken from Islami Bank alone.
The rise and fall of Islami Bank
There are rumours in the market that a highly politically powerful business group is going to take over the ownership of the bank from S Alam Group.
Kamal doesn’t know what is wrong with the banking sector
Islami Bank, Social Islami Bank and First Security Islami Bank lent about Tk 9,500 crore under suspicious circumstances, as reported by different media. Of the sum, Tk 7,246 crore has been taken from Islami Bank alone.
Financial sector reforms necessary to get rid of default loans
Even though the amount of our default loans is over Tk 130,000 crore, according to the government accounts, IMF suggests it is almost over Tk 300,000 crore.
Loan defaulters are putting the banking sector at risk
Despite economic progress over time, Bangladesh’s financial sector continues to be dominated by banks that stand on shaky ground.
New Bangladesh Bank governor’s message to our banking industry
The new governor of Bangladesh Bank (BB) has heralded robust messages to the country’s banking and financial industry.
Over half of banks at high risk of cyber-attacks: BIBM
A high risk of cyber-attacks looms large over 36 per cent of banks in Bangladesh mainly due to a shortage of investment in strengthening security measures, skilled personnel and a lack of awareness among bankers and customers.
Can’t keep our eyes closed to this: SC on banking sector
The Supreme Court expresses concern at the present situation of the country's banking sector, and wants to know the financial state of International Leasing and Financial Services Limited (ILFSL), a non-banking financial institution.
Govt’s Aggressive Bank Borrowing: Private sector may face credit crunch
The government is going to exceed its annual limit for bank borrowing within the first half of this fiscal year due to poor revenue collection, and this could give a credit crunch for the private sector to deal with.
BAD LOANS TWICE AS LARGE
The actual size of bad loans is more than double the officially recognised figure, according to a recent report of the International Monetary Fund -- a damning evidence of the fragile state of Bangladesh’s banking sector.
Number of reforms suggested for banking sector
Finance Minister AHM Mustafa Kamal has suggested a number of reforms to bring back discipline in the banking sector.