Feda Al Hossain is an Apprentice Sub-Editor at Star Business.
Purchases using credit cards in Bangladesh displayed periodic fluctuations but overall indicated an upward trend in the months since May 2023, highlighting a growing appetite among consumers for credit.
The fluctuation indicates that the growth of the economy, when measured in dollars, has been lower than initially projected, due to the weakening of the taka.
Crisis-ridden National Bank’s financial woes have deepened further, as the bank’s losses increased by a massive 145 percent year-on-year in the first quarter of 2024.
National Bank went from a financially stable bank to a bank marred in irregularities
Islami Bank Bangladesh recorded a profit of Tk 635.33 crore in 2023, the highest since 2019
Endowment is the most popular life insurance plan in Bangladesh as it offers a life cover and fixed returns
The number of women in Bangladesh with bank accounts opened via agent banking far exceeds that of men as the facility offers better accessibility and guidance for various banking services, making it particularly suitable for those living in rural areas.
Dhaka can be full of chaos. With all the noise pollution, traffic congestion, and overcrowding, there still exist a few places where you can find respite from all that and just get lost in the serenity and Dhanmondi Lake is one of them.
Purchases using credit cards in Bangladesh displayed periodic fluctuations but overall indicated an upward trend in the months since May 2023, highlighting a growing appetite among consumers for credit.
The fluctuation indicates that the growth of the economy, when measured in dollars, has been lower than initially projected, due to the weakening of the taka.
Crisis-ridden National Bank’s financial woes have deepened further, as the bank’s losses increased by a massive 145 percent year-on-year in the first quarter of 2024.
National Bank went from a financially stable bank to a bank marred in irregularities
Islami Bank Bangladesh recorded a profit of Tk 635.33 crore in 2023, the highest since 2019
Endowment is the most popular life insurance plan in Bangladesh as it offers a life cover and fixed returns
The number of women in Bangladesh with bank accounts opened via agent banking far exceeds that of men as the facility offers better accessibility and guidance for various banking services, making it particularly suitable for those living in rural areas.
Dhaka can be full of chaos. With all the noise pollution, traffic congestion, and overcrowding, there still exist a few places where you can find respite from all that and just get lost in the serenity and Dhanmondi Lake is one of them.
Even with record high production, profit of MGMCL dropped as half of the rock remained unsold
It comes as the NBR unveiled the names of 141 individuals and companies as the highest taxpayers for the assessment year of 2022-23.