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.

December 6, 2022
December 6, 2022

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.

December 1, 2022
December 1, 2022

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.

November 29, 2022
November 29, 2022

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.

November 20, 2022
November 20, 2022

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.

July 17, 2022
July 17, 2022

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.

June 13, 2022
June 13, 2022

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.

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 (ILFSL), a non-banking financial institution.

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 sector to deal with.

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 Bangladesh’s banking sector.

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.