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.
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.
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.
