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...

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.

June 29, 2017
June 29, 2017

Subsidy in banking sector to avoid disaster: Muhith

Finance Minister AMA Muhith tells parliament that the government has given subsidy to state-run banks in a bid to avoid any possible disaster in banking sector. Amid criticism that there is no good...

August 26, 2016
August 26, 2016

Default loans soar

Default loans have dogged the country's banking sector for nearly three decades now, despite various reform efforts -- an alarming pattern that has damaged the economy and deprived honest...

April 17, 2015
April 17, 2015

Unrest biggest risk to near-term outlook: WB

Political unrest, vulnerability in the banking sector and low investment stand in the way of higher GDP growth and economic development, the World Bank said.