Bangladesh Banking sector

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...

February 16, 2020
February 16, 2020

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 ...

December 3, 2019
December 3, 2019

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...

September 26, 2019
September 26, 2019

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...

June 13, 2019
June 13, 2019

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.

March 27, 2019
March 27, 2019

Saving our ailing banking sector

Bangladesh's banking sector faces a number of major challenges including rising nonperforming loans, credit concentrations, poor

March 19, 2019
March 19, 2019

A cushy scheme for loan defaulters

That the banking sector in this country is plagued by a culture of loan defaulting is not lost on anyone—as of last year, the total amount of defaulted loans stood at Tk 93,911 crore.

November 21, 2018
November 21, 2018

Are the criticisms misplaced?

The finance minister recently told the chairpersons and directors of state-owned banks that those who highlight the sorry state of the banking sector—the culture of loan default, the flouting of...

July 14, 2018
July 14, 2018

‘Mistrust over banking sector an ominous sign’

A slight mistrust has been created among the people over the country’s banking sector in recent time, which is an “ominous sign” for the banks, Bangladesh Bank Governor Fazle Kabir says.

June 11, 2018
June 11, 2018

Muhith keeps mum on banking sector

Nothing budges Finance Minister AMA Muhith after yesterday’s spree of attacks as he kept from commenting over the banking sector at parliament today.

June 9, 2018
June 9, 2018

Bangladesh needs to boost productive investment: IMF

Bangladesh will need to boost productive investment by addressing infrastructure bottlenecks and strengthening the banking sector to keep ongoing momentum unhurt, the IMF said in its annual...