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Investigation is my foremost interest

Md Mehedi Hasan

Investigation is my foremost interest

Md Mehedi Hasan, Bangladeshi investigative journalist covering financial crimes especially in banking industry. Currently, working at The Daily Star as senior staff reporter with more than eight years of experience in the field of journalism.

85% of default loans concentrated in just 15 banks

2 hour(s) ago
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.
2 hour(s) ago
IFC loan rejection for Meghna Group of Industries

After initial rejection, Bangladesh Bank reconsiders MGI's $80m IFC loan

4 June 2026, 20:40 PM
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.
4 June 2026, 20:40 PM
bad loans bangladesh 2026.jpeg

NPLs up by Tk 31,487cr in just three months

3 June 2026, 00:00 AM
Nearly 94% of non-performing loans are classified as bad or loss, signalling weak repayment discipline among large borrowers
3 June 2026, 00:00 AM
atm.jpg

ATM booths run dry on first day of weeklong holiday

26 May 2026, 00:00 AM
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.
26 May 2026, 00:00 AM
Cash ATM.jpeg

People face cash shortages, withdrawal limits at ATM booths

25 May 2026, 15:10 PM
Customers in several areas of Dhaka on Sunday and Monday found ATM services of many banks unavailable
25 May 2026, 15:10 PM
Bangladesh Default Loans Recovery

Most default loans are wilful, strong laws can recover 60%

25 May 2026, 00:00 AM
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).
25 May 2026, 00:00 AM
Money flow.jpg

Tk 60,000cr stimulus for private sector

24 May 2026, 00:00 AM
BB rolls out biggest package since Covid to restart closed factories, boost employment
24 May 2026, 00:00 AM
credit growth.png

Private credit growth hits historic low. What does it mean?

21 May 2026, 00:00 AM
Private sector credit growth fell to 4.72 percent -- a record low -- in March, marking another month of slowdown.
21 May 2026, 00:00 AM
private_credit_growth.png

Why is credit demand so low?

Credit demand in the private sector of Bangladesh has virtually ground to a halt, hitting its lowest level since at least 2004, indicating a distressed business and investment situation.
12 April 2025, 18:00 PM
remittance earning of Bangladesh

Remittance up as rates stabilise

Steady growth in remittance inflow has helped the interim government arrest the decline in foreign currency reserves, leading many to wonder why the remitters are sending more and more money back home.
29 March 2025, 20:17 PM
Exchange rate of dollar against taka

Forex market steadies as dollar inflows go up

The country’s foreign exchange market is stabilising thanks to a surge in US dollar (USD) inflows, driven by higher remittances, stronger export earnings and tighter oversight by the central bank.
26 March 2025, 18:00 PM
nbfi_bangladesh.png

Banks get remedies but what about ailing NBFIs?

Of the 35 NBFIs in the country, a dozen are currently struggling to repay depositors due to an acute liquidity crisis
23 March 2025, 18:00 PM
Bangladesh bank deposit protection fund

Depositors to get max Tk 2 lakh on bank liquidation

The Bangladesh Bank (BB) has drafted a Deposit Protection Ordinance, proposing a maximum payout of Tk 2 lakh per depositor if a bank undergoes liquidation. The limit will be reviewed every three years.
22 March 2025, 18:00 PM
Islamic banking deposit shift Bangladesh

Islamic banks witness deposit shift

Islamic wings of conventional banks have become the preferred choice for religiously inclined depositors as many full-fledged Shariah-based banks struggle with a crisis of trust.
19 March 2025, 18:00 PM
Banks that Saw Their Bad loans rise sharply in Bangladesh

Bad loans at scam-hit banks surge after political changeover

At the end of last year, defaulted loans in the banking sector stood at Tk 345,765 crore, with those state-run and private commercial banks holding the majority. 
18 March 2025, 18:00 PM
Islami Bank plc high res.jpg

Shady firm took Tk 950cr from Islami Bank

It happened in just two days. A Nabil Group employee and a relative of its chairman own the firm.
15 March 2025, 20:54 PM
Bangladesh Bank reconstitutes private bank boards

BB reconstitutes board of three private banks

The Bangladesh Bank (BB) today reconstituted the board of directors of three private commercial banks. 
12 March 2025, 13:52 PM
Reasons for Slowing Credit Growth

Private sector credit growth hits decade-low

Credit appetite of the local private firms continues to fizzle out as the ongoing battle against inflation makes bank borrowing more expensive amid a volatile political climate after the August political changeover.  
9 March 2025, 18:00 PM
Bad Loans in Banking Sector Bangladesh

True extent of bad loans emerges

Defaulted loans in the country’s banking sector reached a record Tk 3,45,765 crore at the end of 2024 as toxic loans increased sharply following the political changeover in August last year.
26 February 2025, 18:00 PM
Bangladesh Bank governor Ahsan H Mansur's remarks

Bangladesh Bank governor’s unfiltered remarks: A cause for concern?

“Mansur is a knowledgeable and well-intentioned governor, but given the sector’s sensitivity, he should exercise extreme caution in his public remarks”
26 February 2025, 08:55 AM
Nazrul Islam Mazumder

Mazumder holds assets worth £43m in UK

Nazrul Islam Mazumder, chairman of Nassa Group and a close associate of deposed prime minister Sheikh Hasina, holds assets worth £43.23 million or about Tk 656 crore in the UK, according to the Bangladesh Financial Intelligence Unit.
16 February 2025, 18:00 PM
Int’l firms to be hired to recover laundered money

Foreign firms to be hired to recover laundered money

A meeting between BFIU and managing directors of the banks made the decision
16 February 2025, 18:00 PM
al-arafah_islami_bank.jpg

BB discovers irregularities at Al-Arafah Islami Bank

The Bangladesh Bank (BB) has uncovered serious irregularities at Al-Arafah Islami Bank, including misuse of its corporate social responsibility (CSR) funds.
11 February 2025, 18:00 PM
ific_boss.jpg

Salman F Rahman used IFIC Bank for personal gains

Says Md Mehmood Husain, independent director and current chair of the bank
10 February 2025, 18:17 PM
Bangladesh Bank monetary policy 2024-25

BB keeps policy stance tight to tame inflation

The Bangladesh Bank (BB) has maintained its tight monetary policy stance for the second half of the current fiscal year (FY) 2024-25 to tame the stubbornly high inflation. 
10 February 2025, 18:00 PM
Top 5 Defaulters of Janata Bank

Janata Bank crippled by record default loans

Janata Bank’s defaulted loans surged to a record Tk 67,300 crore by the end of last year, as politically exposed persons and business conglomerates became defaulters following the recent political changeover, reflecting the fragile condition of the state-run bank.
8 February 2025, 18:00 PM
nazrul_islam_nassa.jpg

BFIU finds NI Mazumder’s money laundering links

Nazrul Islam Mazumder, chairman of Nassa Group and a close associate of deposed prime minister Sheikh Hasina, has been accused of trade-based money laundering amounting to Tk 16,000 crore by the Bangladesh Financial Intelligence Unit.
4 February 2025, 18:37 PM
padma-bank.jpg

Cash-strapped Padma Bank struggling to pay employees

Padma Bank, formerly Farmers Bank, has sunk into such a financial abyss that the lender is struggling to pay its employees’ monthly salaries and has sought a Tk 5,000 crore bailout package from Bangladesh Bank to stay afloat.
2 February 2025, 18:00 PM

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