Economists are always noted for telling unpleasant truths because they go by numbers, research, theory, and judgement. Rarely do politicians—who can manufacture arguments to suit their purpose—endorse economists who are objective. Former Bangladesh Bank Governor Dr Mohammad Farashuddin has unvei
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.
Bangladesh Bank deserves credit for forging the deal of signing the MoU between EXIM Bank and Padma Bank on March 18.
Report on NRBC Bank shows how chaotic the banking sector has been
The intricate connection between politics and corruption in Bangladesh raises profound concerns that demand immediate attention.
Merger takes place when two or more companies combine together to strengthen capital base and asset size.
With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.
As most of our economic sectors depend heavily on banks, it has created many problems for the banking sector and its depositors.
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.
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.
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 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 assessment of the economy.
The banking sector, which is currently going through choppy waters thanks to rising loan irregularities and deteriorating corporate