Distressed asset law in the making to tackle NPLs
The interim government is formulating a distressed asset management ordinance that could pave the way for a state-owned corporation to buy and trade troubled assets from banks and non-bank financial institutions (NBFIs).
17 June 2025, 18:00 PM
Ten banks hold 71% of total bad loans
Just ten banks, both state-owned and private, account for 71 percent of all non-performing loans (NPLs) in the country’s banking sector.
17 June 2025, 18:00 PM
Provision shortfall at banks widens six times
Bangladesh's banking provision shortfall soared six-fold to Tk 170,655 crore, due to soaring bad loans
16 June 2025, 18:00 PM
Bad loans hit record Tk 420,355cr
Bad loans in Bangladesh’s banking sector hit a record Tk 420,335 crore at the end of March as a clearer picture of the toxic loan is coming to light following the political changeover in August last year.
15 June 2025, 18:10 PM
FY26 budget offers no new move to restore public confidence in banks
Around a dozen banks are currently struggling to repay depositors, eroding public trust
3 June 2025, 05:24 AM
Mercantile Bank maintains good reputation amid turmoil
The banking sector is currently going through one of its worst times. People are suffering, with some even failing to withdraw their own money, causing immense distress.
1 June 2025, 18:00 PM
Central bank at odds with BPO over Nagad’s future
The discord became apparent after Faiz Ahmed Taiyeb, special assistant to the chief adviser with authority over the Ministry of Posts, Telecommunications and IT, sent a letter to the BB governor on May 12 and posted the letter to his Facebook account recently
1 June 2025, 17:45 PM
The curious case of imposter at BB
Bangladesh Bank has recently discovered through a probe that the joint director of its Rajshahi office, who has been serving the central bank for 12 years under the name of Md Abdul Waresh Ansary, is actually an imposter.
28 May 2025, 18:39 PM
BB bars 18 banks from dividend payouts
Despite repeated appeals from bank directors and top executives over the past month, the central bank held firm.
26 May 2025, 18:00 PM
Govt expects gross reserves to reach $34b by June next year
The interim government expects the country’s gross foreign exchange reserves to rise to $34.4 billion by the end of the fiscal year (FY) 2025–26, buoyed by strong remittance inflows, export performance, and budgetary support from development partners.
26 May 2025, 18:00 PM
Who appoints CEO at Nagad now?
Govt asks postal department to take responsibility of the MFS provider
15 May 2025, 18:30 PM
BB to adopt more flexible exchange rate to meet IMF conditions
The central bank is likely to issue a circular in this regard today.
13 May 2025, 18:00 PM
New powers, old questions: Can BB clean up the banking sector?
In what is seen as a landmark step toward restoring financial discipline, Bangladesh's interim government recently granted the central bank sweeping new powers to intervene in the troubled banking sector.
12 May 2025, 18:30 PM
Globe Group to sell edible oil unit to repay bank loans
Globe Pharmaceuticals Group of Companies is set to sell its edible oil unit, Globe Edible Oil Ltd, to adjust bank liabilities.
11 May 2025, 18:00 PM
Premier Bank paid Iqbal Tk 10cr for unused office spaces
Premier Bank paid Tk 10 crore to HBM Iqbal, the former chairman of the bank, for office space in one of his buildings that the private commercial lender did not use or rent.
8 May 2025, 20:01 PM
Some banks hit by capital squeeze
State-owned, Islamic Shariah-based, and specialised banks have seen deeper deterioration in their financial positions, whereas private commercial banks and foreign banks remain on firmer ground.
4 May 2025, 18:01 PM
Remittance in ten months surpasses FY24 total
Remittance inflows in the first ten months of the current fiscal year have already exceeded the total receipts of FY 2023-24
3 May 2025, 18:00 PM
Is merger of Islamic banks a viable solution?
Ahsan H Mansur stated that the country's Islamic banking sector would be completely restructured as most of the existing Islamic banks are currently in trouble.
26 April 2025, 18:00 PM
Commercial banks’ lending to govt jumps 60%
With the central bank halting direct financing by printing new notes, the government also has no option but to turn to commercial banks to meet its fiscal needs.
21 April 2025, 18:00 PM
T-bill yields rise as govt turns to banks for funding
Interest rates on government treasury bills rose again this month, reversing a brief downward trend and signalling a continued liquidity crunch in the banking sector.
20 April 2025, 18:00 PM