Banks’ spending on socially impactful schemes as part of their corporate social responsibility (CSR) fell in the second half of 2023, said a central bank report yesterday..During the July-December period of last year, banks spent Tk 353 crore on CSR-related activities, which was 31 percent
This standalone infographic shows the basic difference between CDMs and CRMs and illustrates how the number of CRMs is rising in both rural and urban areas of Bangladesh.
All stakeholders, including the citizenry, have for years been warning about the deteriorating health of Bangladesh's banking sector. Hard data such as those on the prevalence of default loans have also been indicating the same. .A recent Bangladesh Bank report is the latest to reaffirm
A majority of banks in Bangladesh, including some Shariah-based ones, are facing difficulties to run their activities due to a liquidity crisis, according to industry people.
Banks are an essential part of a nation’s economy. They facilitate the flow of funds from surplus units (depositors) to deficit units (borrowers) to fuel the growth of the economy.
The government awarded licences to set up new nine banks in 2013 despite criticism from analysts and economists and initial reservations from the central bank since the number of lenders was already high in Bangladesh and approvals were largely given on political consideration.
The Bangladesh Bank today asked banks to keep their doors open and run operations on a limited scale on April 30, a public holiday, in order to settle the increased number of financial transactions ahead of Eid-ul-Fitr.
Removing all confusions about the permission of new banks, Finance Minister AMA Muhith categorically says the government is going to issue licenses for setting up three new banks.
The irresistible shift toward digitisation is sweeping through Japan’s three megabanks. Amid a drive toward greater efficiency and higher profits, artificial intelligence and robot technology are increasingly replacing roles typically handled by thousands of bank employees.
Banks’ spending on socially impactful schemes as part of their corporate social responsibility (CSR) fell in the second half of 2023, said a central bank report yesterday..During the July-December period of last year, banks spent Tk 353 crore on CSR-related activities, which was 31 percent
This standalone infographic shows the basic difference between CDMs and CRMs and illustrates how the number of CRMs is rising in both rural and urban areas of Bangladesh.
All stakeholders, including the citizenry, have for years been warning about the deteriorating health of Bangladesh's banking sector. Hard data such as those on the prevalence of default loans have also been indicating the same. .A recent Bangladesh Bank report is the latest to reaffirm
A majority of banks in Bangladesh, including some Shariah-based ones, are facing difficulties to run their activities due to a liquidity crisis, according to industry people.
Banks are an essential part of a nation’s economy. They facilitate the flow of funds from surplus units (depositors) to deficit units (borrowers) to fuel the growth of the economy.
The government awarded licences to set up new nine banks in 2013 despite criticism from analysts and economists and initial reservations from the central bank since the number of lenders was already high in Bangladesh and approvals were largely given on political consideration.
The Bangladesh Bank today asked banks to keep their doors open and run operations on a limited scale on April 30, a public holiday, in order to settle the increased number of financial transactions ahead of Eid-ul-Fitr.
Removing all confusions about the permission of new banks, Finance Minister AMA Muhith categorically says the government is going to issue licenses for setting up three new banks.
The irresistible shift toward digitisation is sweeping through Japan’s three megabanks. Amid a drive toward greater efficiency and higher profits, artificial intelligence and robot technology are increasingly replacing roles typically handled by thousands of bank employees.
All bank branches to remain open on July 2 and 3 in industrial areas of Dhaka, Chittagong, Narayanganj, Gazipur and Savar, to facilitate disbursement of salaries to garment workers.