Interest rate on deposits rises for the first time in 2.5yrs
The interest rates on deposit crept up in July, breaking a downtrend of two and a half years on the back of a rising private sector credit demand.
7 September 2017, 18:00 PM
Institutional investors give stocks a new lease of life
Low-cost funds from banks have prompted institutional investors to borrow more to invest in the stockmarket,
6 September 2017, 18:00 PM
Janata lenient over Beximco misconduct
In 2012, Janata Bank issued a loan guarantee of Tk 243 crore to Mashreq Bank for Beximco Group on condition that
6 September 2017, 18:00 PM
Private credit growth hits five-year high
Private sector credit growth in July stood at 16.94 percent -- the highest in five years and well above the target of 16.2 percent set in the monetary policy for the first half of the fiscal year.
30 August 2017, 18:00 PM
Crop insurance gains popularity
Crop insurance, being piloted in three districts, is gaining popularity among farmers as it helps ride out crop losses from natural disasters.
28 August 2017, 18:00 PM
Foreign funds treble in stocks
Net foreign investment in the capital market more than tripled to Tk 1,569 crore in the first seven months of 2017 compared to the same period last year riding on the positive movement of price indices.
24 August 2017, 18:00 PM
Default loans fall as state banks beef up efforts
Default loans declined 0.4 percentage points to 10.13 percent in second quarter of the year thanks to spirited performance by state banks in recovery.
17 August 2017, 18:00 PM
Graft brings People's Leasing to its knees
People's Leasing and Financial Services, an A-grade stock as recently as 2014, has been reduced to rubble by rampant corruption by its previous set of directors.
15 August 2017, 18:00 PM
Leading by example: EBL
Bangladesh has an excess number of banks at present, which has given rise to unhealthy competition, said Ali Reza Iftekhar, managing director of Eastern Bank Limited.
14 August 2017, 18:00 PM
Rupali's share price spiralling abnormally
Rupali Bank's stock price soared 106 percent since June 29 even though the state-owned lender's non-performing loan ratio, a barometer of its financial health, has been on the rise.
13 August 2017, 18:00 PM
Consumer credit jumps 31pc
The banking sector posted a significant jump in consumer lending last year riding on growing purchasing power of the middle class.
12 August 2017, 18:00 PM
Lafarge wants to remit Tk 950cr to buy Holcim shares
Lafarge Surma Cement wants to remit $117 million (about Tk 950 crore) to the Netherlands to complete the process of buying its shares in Holcim Cement Bangladesh.
8 August 2017, 18:00 PM
Islami Bank: Profit falls as bad debts rise
Islami Bank, the largest and most profitable bank in the country, has seen a significant fall in its half-yearly profit, only months after
3 August 2017, 18:00 PM
Agrani not closing loss-making exchange house in Canada
The board of directors of Agrani Bank now wants to keep running its loss-making money exchange house in Canada, for which it earlier received regulatory approval to shut it down.
1 August 2017, 18:00 PM
Growth momentum to slow without policy upgrades
Maintaining the past growth performance will become increasingly challenging for Bangladesh without a significant
26 July 2017, 18:00 PM
Banks opt for bonds to raise capital
Banks are opting for bonds to raise their capital in line with Basel III requirements for their cost-effectiveness, instead of floating more shares on the stockmarket.
9 July 2017, 18:00 PM
AB Bank in leadership vacuum
AB Bank has run into a leadership vacuum after its managing director and chief financial officer were among the 16 accused of embezzling Tk 383 crore from the bank by the Anti-Corruption Commission.
8 July 2017, 18:00 PM
Car sales speed up
A steady rise in the purchasing power of the middle class and affordable automobile loans are contributing to the growth of car sales
6 July 2017, 18:00 PM
Banks weighed down by bad loans, lack of quality manpower
Rising non-performing loans (NPL) and the dearth of quality personnel are the major challenges facing the banking sector, said a top banker.
4 July 2017, 18:00 PM
Lull in Sonali's lending
Sonali Bank is paying more interest than what it is earning as its lending activities have slumped following the Hall-
3 July 2017, 18:00 PM