Banking Sector

Govt should restore discipline in banking sector: FBCCI president

The government should restore discipline in the banking sector as some banks made abnormal profits by selling US dollars cashing in on the exchange rate volatility, FBCCI President Md Jashim Uddin said today.

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 governance in banking sectors, Muhith says his government is working very seriously for ensuring good governance in banking sector and money market.

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 borrowers of funds.

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.

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