Banking Sector

Banking sector's health weakens

The financial health of the banking sector is weakening due to rising non-performing loans, a lack of corporate governance and increasing capital shortfall, according to an Asian Development Bank...

September 27, 2019
September 27, 2019

Banking in dire straits: Will needed to fix ills

People do not lack strength; they lack will, the French poet and novelist Victor Hugo once said. The words perfectly describe the government’s attitude thus far towards fixing the banking sector.

April 4, 2019
April 4, 2019

Banking sector's health weakens

The financial health of the banking sector is weakening due to rising non-performing loans, a lack of corporate governance and increasing capital shortfall, according to an Asian Development Bank...

March 27, 2019
March 27, 2019

Saving our ailing banking sector

Bangladesh's banking sector faces a number of major challenges including rising nonperforming loans, credit concentrations, poor

January 23, 2019
January 23, 2019

Loan default increases because of bad management

The new finance minister, Mustafa Kamal, has vowed to address the longstanding concerns regarding increasing non-performing loans in banks. Khondkar Ibrahim Khaled, a noted banker and former deputy...

December 19, 2018
December 19, 2018

Banking sector under threat from conglomerate

The finance minister has a track record of revealing the truth from time to time, no matter how unpalatable the truth may be. We commend his remarks about a certain Chattogram-based business...

November 21, 2018
November 21, 2018

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...

April 18, 2018
April 18, 2018

Banking sector now orphan: CPD

The Centre for Policy Dialogue yesterday came down hard on the finance ministry for the host of moves it made earlier this month to

April 10, 2018
April 10, 2018

'Deteriorating Health' of Banking Sector: It's a big worry for economy: WB

The deteriorating health of banking sector has become a major concern for the economy, the World Bank said yesterday.

April 3, 2018
April 3, 2018

Banking Sector: TIB worried at proposal for reporting law

Transparency International Bangladesh yesterday termed the Bangladesh Association of Banks' proposal of formulating the Bank Reporting Act as illegal and expressed deep concern over it.

January 17, 2018
January 17, 2018

Family grip on private banks to tighten

Parliament yesterday passed the Banking Companies (Amendment) Act 2017 amid criticism from various quarters that the revised law will help a single family tighten its hold on a private bank.