Md Mehedi Hasan

Fifteen of the country’s 61 banks accounted for as much as 85 percent of defaulted loans as of March, according to central bank data, highlighting how loan irregularities, fraud and financial scams have become concentrated in a small group of commercial lenders.

The Bangladesh Bank is now reconsidering an application by Meghna Group of Industries to obtain an $80 million loan from the International Finance Corporation for the purchase of four ships, after initially turning it down.

Nearly 94% of non-performing loans are classified as bad or loss, signalling weak repayment discipline among large borrowers

Many ATM (Automated Teller Machine) booths in Dhaka either ran out of cash or went out of service yesterday, the first day of the weeklong Eid holiday, raising fears of a worsening cash crunch during the festival period.

Customers in several areas of Dhaka on Sunday and Monday found ATM services of many banks unavailable

Private commercial banks need stronger legal backing rather than financial support in the next national budget to restore confidence in the banking sector and protect depositors, according to the Bangladesh Association of Banks (BAB).

BB rolls out biggest package since Covid to restart closed factories, boost employment

Private sector credit growth fell to 4.72 percent -- a record low -- in March, marking another month of slowdown.