Private credit growth continues ascent
Private sector credit growth is continuing with its ascent, helped in part by the higher import of food grains and capital machinery.
30 November 2017, 18:00 PM
Farmers Bank spirals towards insolvency
Trouble-hit Farmers Bank has twice failed to honour a cheque worth Tk 35.44 crore presented by Bangladesh Telecommuni-cations Company Ltd, in what can be described as the latest episode in the four-year old bank's spiral towards insolvency.
16 November 2017, 18:00 PM
BIFC on the verge of collapse
The non-bank financial institution Bangladesh Industrial Finance Company is on the verge of collapse after it failed
13 November 2017, 18:00 PM
Western Marine to spend Tk 500cr on expansion
Western Marine Shipyard, the leading shipbuilder of Bangladesh, has decided to invest Tk 500 crore in expansion.
12 November 2017, 18:00 PM
Lives changing for better
Between 2000 and 2011, Afzal Hossain had to travel more than 300 kilometres to come to Dhaka from Rangpur every month to collect
7 November 2017, 18:00 PM
A boon for rural people
Banks are witnessing a faster growth in the number of female customer accounts than those of males under the agent banking
7 November 2017, 18:00 PM
Foreign investment in stocks doubles in Jan-Oct
Foreign investment in stocks doubled year-on-year in the first 10 months of 2017 as overseas investors continue to show their trust
7 November 2017, 18:00 PM
Most banks post moderate earnings in Q3
Most banks have reported moderate earnings in the third quarter of the current year thanks to higher incomes from
4 November 2017, 18:00 PM
Sonali Bank UK on the brink of insolvency
Sonali Bank's UK subsidiary (SBUK) is staring at insolvency after the Royal Bank of Scotland (RBS) restricted
28 October 2017, 18:00 PM
Review Holcim share price valuation
Lafarge Surma Cement has appealed to Bangladesh Bank to review its valuation of Holcim share price, which the French cement maker
23 October 2017, 18:00 PM
Islami Bank keeps investors on edge
Islami Bank's earnings per share (EPS) has been on the decline this year, making thousands of investors concerned
22 October 2017, 18:00 PM
Cut in lending rates boosts loan growth of House Building Finance
Bangladesh House Building Finance Corporation (BHBFC) has revised down its lending rate in line with the market, which is helping the
21 October 2017, 18:00 PM
Islami Bank lending aggressively
Islami Bank's new management has taken on a spirited approach to lending, with its loan-deposit ratio sitting dangerously close to the
15 October 2017, 18:00 PM
Islami Bank to sell property of three SA Group units
Islami Bank has moved to sell off the mortgaged property of three companies owned by Chittagong-based SA Group to recover default loans of Tk 573.74 crore.
10 October 2017, 18:00 PM
Seven banks fined for flouting stockmarket rules
The central bank has fined seven banks for violating stockmarket rules by way of miss-reporting on share investment and over-
8 October 2017, 18:00 PM
Jamuna Bank: aiming for the top spot
Five years ago, with forged documents, Bismillah Towels made off with Tk 180 crore from Jamuna Bank -- an incident that instigated wholesale changes in the way the third generation lender functions.
27 September 2017, 18:00 PM
Social Islami Bank buys into IDB's real estate fund
Social Islami Bank is set to invest $2 million in a real estate-focused private equity fund managed by the Islamic
23 September 2017, 18:00 PM
State banks miss loan recovery target
All four state-owned commercial banks failed to recover loans from the top 20 defaulters as per targets set by the
18 September 2017, 18:00 PM
BB not giving new Islamic banking licences
More and more banks are showing interest in converting into full-fledged Islamic banks but the central bank is not giving new licences for the expansion of the shariah-compliant finance.
17 September 2017, 18:00 PM
Agent banking accounts soar 60pc
About 3.3 lakh agent banking accounts were opened in the first half of the year -- an increase of 60.18 percent --
11 September 2017, 18:00 PM