Jebun Nesa Alo

Private banks saw a decline in deposit growth in December last year despite offering higher interest rates, highlighting the ongoing

NRB Commercial Bank Ltd, which was hit with loan irregularities soon after its launch, is rebounding on the back of support from the directors, empowered management and intensified efforts to cut bad loans, said its top executive.

BASIC Bank continues to be overwhelmed with default loans despite going on a loan rescheduling spree, with the scam-hit bank logging in operating loss of Tk 118 crore last year.

Bangladesh Bank and a government committee have come up with a generous scheme to allow easy rescheduling of defaulted loans, which experts say will hurt the banking sector and the economy at large.

Sonali Bank logged the highest net profit in seven years thanks to its deposits with different banks and massive drives to recover funds

The burden of a dead mobile operator, widespread loan fraudulence, mismanagement and influence of a sponsor director were what dragged the once sound AB Bank into the reds.

The private sector credit growth did not rise as expected in January even after the largely peaceful general elections as banks were

Just two big borrowers have plunged the once-profitable Janata Bank into such a precarious situation that the state-owned lender may

JMI Group, a manufacturer of medical devices, is set to invest Tk 620 crore to build an LPG (liquefied petroleum gas) plant at Sitakunda in Chattogram to supply the energy to households.

Banks' spending on corporate social responsibility shot up last year, even overshooting the regulatory ceiling -- at a time when they logged in lower profits for higher provisioning needs from the mounting default loans.

Deposits collected through agent banking rose a whopping 122 percent last year from the previous year whereas the whole banking sector experienced a fall in deposit growth.

Bashundhara Industrial Complex, the cement manufacturing arm of Bashundhara Group, is set to expand its production capacity with a view to meeting the fast-growing demand for the construction material amid mega project-implementation spree.

Most banks have come up with a bundle of packages to make a good business on the occasion of Valentine's Day when people go for a spending spree to celebrate the most romantic day of the year.

BSRM Group is set to establish a wire manufacturing plant at Mirsarai in Chattogram at a cost of Tk 459 crore as the country's leading

Liquidity management will be the major challenge for the banking sector in 2019 as credit demand from both public and private sectors will surge on the back of the ongoing mega projects, said a top banker.

The average advance-deposit ratio (ADR) of private banks came down within the regulatory limit in September last year after going

A policyholder of Agrani Insurance Company Ltd paid a premium of Tk 270,094 against a fire insurance policy in May 2016. The required value-added tax on the premium was Tk 40,514.

The Customs Intelligence claimed to have detected that Crescent Group laundered Tk 1,297.65 crore abroad against 657 fake export bills in collusion with some officials of Janata Bank's Imamganj branch in Dhaka.

Faruk Hussain was waiting for about an hour at the branch office of a private bank in the capital's Karwan Bazar to encash his boss' savings scheme.

The interest rate on lending is on the rise amid high import pressure and hunt for deposits at the end of last year.