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...
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 ...
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...
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...
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.
Saving our ailing banking sector
Bangladesh's banking sector faces a number of major challenges including rising nonperforming loans, credit concentrations, poor
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.
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...
‘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.
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.
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...