bank loan scam
BB patronises big defaulters
The High Court yesterday observed that the country’s banking sector is no longer business-friendly, rather banks have become organisations of usurers.
Bank scams: HC verdict on formation of commission Nov 3
The High Court will deliver its verdict on November 3 on the rule issued over the formation of a commission in order to look into the irregularities and corruption in the banking sector including giving out loans and waiving interest in the last two decades.
BB patronises big defaulters
The High Court yesterday observed that the country’s banking sector is no longer business-friendly, rather banks have become organisations of usurers.
Saving our ailing banking sector
Bangladesh's banking sector faces a number of major challenges including rising nonperforming loans, credit concentrations, poor
ACC files plea challenging Farmers Bank MD’s bail
The Anti-Corruption Commission (ACC) challenges the February 13 order of a metropolitan magistrate that granted bail to former Farmers Bank Managing Director and CEO, Chowdhury Mustaque Ahmed in a case filed over embezzling Tk 29 crore from the bank.
MPs blast Muhith for bank scams
Opposition and some of the ruling party lawmakers in the parliament criticises Finance Minister AMA Muhith for not stating any measures in the proposed budget for fiscal 2018-19 against irregularities in the financial and banking sectors.
Act tough against bank 'robbers'
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has finally demanded exemplary punishment of those who looted banks in recent times in the name of loans.
Desperate move to save pvt banks
The government will allow state agencies to deposit 50 percent of their funds to deposit in private banks, up from the existing ceiling of 25 percent, to tackle the liquidity crisis in the sector.
JP MP sued for Basic Bank loan scam
Anti-Corruption Commission (ACC) sues Jatiya Party lawmaker Mahjabeen Morshed, her husband and five others for allegedly misappropriating around Tk 275crore of Basic Bank.
The Moral Compass
The fact that the country's actual default loan amount - including that of written-off loans - in the country's banking sector has exceeded Taka 1 trillion mark for the first time, qualifies us to be one of the leaders of the corporate shame club.
BASIC Bank scam: ACC files 18 cases
Anti-Corruption Commission files a total of 18 cases with three police stations in Dhaka in connection with alleged irregularities and corruption at BASIC Bank.