Bangladesh’s banking sector was not well-managed in recent years. Banks mostly gave loans to their owners, rather than to creditworthy entities. Consequently, several banks are now in difficulty.

Several banks in Bangladesh are clinically dead but are being kept alive through bailouts, said Fahmida Khatun, executive director of the Centre for Policy Dialogue (CPD).

Unrest has gripped the banking sector at a time when several banks are burdened with huge default loans and are suffering from low asset quality.

Three lawmakers in parliament yesterday blasted the government for the sorry state of the banking and financial sector.

Otherwise, banking sector health will continue to deteriorate

How long till Farmers Bank pays back what’s due?

Appellate Division’s observation on defaulted loans is right on the mark

While the government’s latest monetary policy for the first half of fiscal year 2023-24 shows an attempt to be rational for the market, it lacks vigour to solve inflation and the dollar crisis.

On edge -- is what best describes the sensation surrounding the banking sector. But the Bangladesh Bank higher-ups were warned as early as October 2021 that such a situation might transpire. Yet, no definitive action was taken then.

An unholy nexus of powerful people are protecting those who've stolen thousands of crores.