Bangladesh Banking sector
Can merger be panacea for banking sector’s ills?
The merger guideline for banks and financial institutions is being hailed as a major step towards fixing the problem in the financial sector, which has been weighed down by massive default loans and weak corporate governance.
EXIM-Padma Bank 'merger': Turning rotten apples into fresh oranges?
Bangladesh Bank deserves credit for forging the deal of signing the MoU between EXIM Bank and Padma Bank on March 18.
A cesspool of banking irregularities
Report on NRBC Bank shows how chaotic the banking sector has been
For a brighter tomorrow, put an end to corruption today
The intricate connection between politics and corruption in Bangladesh raises profound concerns that demand immediate attention.
Will merger help solve the weaker banks’ problems?
Merger takes place when two or more companies combine together to strengthen capital base and asset size.
Why our balance of payments won’t balance out post-election
With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.
Issues our banking sector must address
As most of our economic sectors depend heavily on banks, it has created many problems for the banking sector and its depositors.
'Political support needed to heal banking ills'
Political support and a strong Bangladesh Bank are crucial to deal with the challenges, including high non-performing loans (NPLs), in the banking sector, said Mustafa K Mujeri, a former chief economist of the central bank, yesterday.
Our banking sector, where no rules apply for vested quarters
In the banking sector of Bangladesh, exemptions from rules and regulations for powerful loan defaulters seem to be the default rules.
Wilful defaulters are bleeding the banks dry
Is the government ever going to stop them?
Don’t fall for quick fixes in bank sector
Relaxing loan repayment is unlikely to work if habitual defaulters continue to be tolerated
NBFIs lose over 48,500 deposit accounts in 3 months
Non-bank financial institutions in Bangladesh lost 48,637 deposit accounts in the three months to December as savers moved away from NBFIs owing to the imposition of the cap on the deposit rate and the erosion of confidence in the wake of allegations of irregularities at some banks.
The joke is really on us
Moody’s, one of the big three global rating agencies, downgraded its outlook for Bangladesh’s banking sector from “stable” to “negative.”
What 2022 should have taught us
Far from being a year in which our economy recovered, 2022 proved to be a year where we discovered numerous cracks in it.
Could covenants save our banks from defaulted loans?
As of September 2022, NPLs have soared over Tk 134,000 crores.
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.
