Janata Bank

When will Janata Bank’s troubles end?

The state-owned bank's failure to meet any of the performance targets set by the central bank raises a red flag.

Our banking sector, where no rules apply for vested quarters

In the banking sector of Bangladesh, exemptions from rules and regulations for powerful loan defaulters seem to be the default rules.

Why keep on awarding errant defaulters?

Janata Bank must answer for its poor handling of AnonTex’s loans

Janata’s great leniency to an errant client

Troubled state-run lender Janata Bank continues to be overly lenient towards AnonTex Group, one of its five large borrowers, despite negligible loan recovery in 13 years from the garment manufacturer.

Wilful defaulters are bleeding the banks dry

Is the government ever going to stop them?

Over Tk 13,110cr anomalies in Janata Bank

State-owned Janata Bank indulged in 31 counts of “serious financial irregularities” from 2015 to 2020 involving Tk 13,110.8 crore, which is 22.85 percent of the lender’s liabilities, found a recent audit.

Janata Bank’s profit tumbles

The bank's profit fell 55.5% year-on-year to Tk 80.89 crore in 2022

Bangladesh Bank looked away as tycoons borrowed at will from 2 banks

On edge -- is what best describes the sensation surrounding the banking sector. But the Bangladesh Bank higher-ups were warned as early as October 2021 that such a situation might transpire. Yet, no definitive action was taken then.

Bank cashier held for Tk 2 crore embezzlement

Police arrest a cashier of Janata Bank in Noakhali on charge of misappropriating nearly Tk two crore.

November 26, 2023
November 26, 2023

When will Janata Bank’s troubles end?

The state-owned bank's failure to meet any of the performance targets set by the central bank raises a red flag.

September 25, 2023
September 25, 2023

Our banking sector, where no rules apply for vested quarters

In the banking sector of Bangladesh, exemptions from rules and regulations for powerful loan defaulters seem to be the default rules.

September 15, 2023
September 15, 2023

Why keep on awarding errant defaulters?

Janata Bank must answer for its poor handling of AnonTex’s loans

September 13, 2023
September 13, 2023

Janata’s great leniency to an errant client

Troubled state-run lender Janata Bank continues to be overly lenient towards AnonTex Group, one of its five large borrowers, despite negligible loan recovery in 13 years from the garment manufacturer.

July 3, 2023
July 3, 2023

Wilful defaulters are bleeding the banks dry

Is the government ever going to stop them?

July 2, 2023
July 2, 2023

Over Tk 13,110cr anomalies in Janata Bank

State-owned Janata Bank indulged in 31 counts of “serious financial irregularities” from 2015 to 2020 involving Tk 13,110.8 crore, which is 22.85 percent of the lender’s liabilities, found a recent audit.

May 7, 2023
May 7, 2023

Janata Bank’s profit tumbles

The bank's profit fell 55.5% year-on-year to Tk 80.89 crore in 2022

December 18, 2022
December 18, 2022

Bangladesh Bank looked away as tycoons borrowed at will from 2 banks

On edge -- is what best describes the sensation surrounding the banking sector. But the Bangladesh Bank higher-ups were warned as early as October 2021 that such a situation might transpire. Yet, no definitive action was taken then.

March 3, 2020
March 3, 2020

Bank cashier held for Tk 2 crore embezzlement

Police arrest a cashier of Janata Bank in Noakhali on charge of misappropriating nearly Tk two crore.

February 10, 2020
February 10, 2020

BB seeks explanation from Janata MD

Bangladesh Bank has sought explanation from Janata Bank Managing Director Md Abdus Salam Azad for extending loan rescheduling facilities to two companies, including the notorious AnonTex Group, by breaching rules.

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