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.
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.
Finance Minister proposes number of reforms in 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 set banking norms, etc—are all uninformed. Such a remark coming from him is disappointing, given the fragile state of the banking sector as a whole.
Mistrust over banking sector an ominous sign: BB governor
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.
