Mobile banking users fell by 1cr in six months
Mobile account users have fallen by a staggering one crore in just six months after the central bank cracked down
5 March 2018, 18:00 PM
Curious case of GMG loan
Towards the northern end of the Hazrat Shahjalal International Airport lies the broken down, dusty fuselages of GMG Airlines' aircraft, rusting and rotting.
2 March 2018, 18:00 PM
Private credit growth hits 18.36pc
Private sector credit growth continues its forward thrust despite liquidity crisis and rising interest rates as businesses jump into an
1 March 2018, 18:00 PM
Alif Industries to invest Tk 400cr to expand garment business
Alif Industries plans to invest Tk 400 crore to expand its business in the garment sector.
20 February 2018, 18:00 PM
Private credit growth finally hits the brakes
After being on an ascent for the best part of 2017, private sector credit growth slowed down in December thanks to
24 January 2018, 18:00 PM
Janata sinks into despair for one large borrower
A single borrower can create sufficient trouble for a bank by way of eating up profits and dragging down the capital base from positive to negative, if the current state of Janata Bank is any indication.
23 January 2018, 18:00 PM
Agent banking shows signs of promise
Uzzala Rani Sarkar had never thought of stepping into a branch of a bank and owning an account. But thanks to an agent
17 January 2018, 18:00 PM
Brac Saajan Exchange to operate in EU
The Bangladesh Bank has given the go-ahead to Brac Saajan Exchange, the UK subsidiary of Brac Bank, to expand its business activities into the European Union in preparation of the Brexit.
14 January 2018, 18:00 PM
Agent banking faring fine
Banks have started to reap benefit from agent banking just two years after the full-fledged rollout of the alternative
9 January 2018, 18:00 PM
Finance ministry can't avoid responsibility for banking sector woes
The finance ministry cannot avoid responsibility for the current wobbly state of the banking sector, said Khondkar Ibrahim Khaled, a former deputy governor of the Bangladesh Bank.
30 December 2017, 18:00 PM
Private sector credit growth hits 19pc
Private sector credit growth continued its ascent in November, crossing the 19 percent-mark last month on the back of banks'
30 December 2017, 18:00 PM
Banks' mad rush to secure deposit
Even last month, the interest rate on bank deposit was as low as 5 percent. Then, at the beginning of this month, as if on cue, the rate,
28 December 2017, 18:00 PM
Companies grow cold on IPOs
Fund raising by way of initial public offering plummeted this year as low interest rates made borrowing from banks a more attractive alternative.
27 December 2017, 18:00 PM
BASIC Bank losing battle with default loans
Welltex Group, the top defaulter of BASIC Bank who was allowed to reschedule loans under a special arrangement by the Bangladesh
21 December 2017, 18:00 PM
Another non-bank falls prey to graft, loan irregularities
Corruption and loan irregularities by board members are pushing yet another financial institution towards the brink
18 December 2017, 18:00 PM
Red blinking
Four business groups, which got their loans of Tk 3,200 crore restructured under the central bank's special policy around three years ago, have failed to pay regular instalments for most of the loans.
13 December 2017, 18:00 PM
Good governance drives growth of IDLC Finance
When the banking sector is facing slowdown amid crises such as loan scams and undue meddling of boards, IDLC Finance Ltd has kept
5 December 2017, 18:00 PM
BASIC Bank Loan Scam: Transfer of Tk 20cr raises questions
Around Tk 20 crore was transferred to bank accounts of two firms, owned by Sheikh Abdul Hye Bacchu's younger brother, from several companies that got loans from BASIC Bank through scams when Bacchu was its chairman.
5 December 2017, 18:00 PM
House Building's rural home loan scheme fares well
The rural housing loan scheme, introduced by Bangladesh House Building Finance Corporation (BHBFC) in July, got off to a flying start
3 December 2017, 18:00 PM
Rakub's default loans increase on potato price fall
The slump in potato prices has compounded the non-performing loan ratio of Rajshahi Krishi Unnayan Bank (Rakub), which has lent
30 November 2017, 18:00 PM