Banking

Banking

Default loans likely to exceed 30%, raising serious concerns: BB

The BB highlighted the growing concerns in the monetary policy for the Jan-Jun of 2025

8h ago

Bangladesh Bank sees stable exchange rate amid balance of payment improvement

This stability is anticipated to curb volatility in domestic commodity prices and bolster overall economic resilience.

11h ago

Economic outlook for FY25 not very optimistic: BB

GDP growth is expected to bounce back to 6% in FY26

12h ago

Economy poised to encounter substantial hurdles in H2 of FY25: BB

Despite various monetary and fiscal tightening measures, inflation has remained persistently high, staying above 10 percent

13h ago

BB keeps policy rate unchanged as inflation begins to ease

The central bank said it would keep its key policy rate unchanged at 10 percent for the January-June period of 2025

13h ago

City Bank to issue Tk 800cr bond 

The bond is also planned to support the business growth of the bank, according to a disclosure by City Bank on the Dhaka Stock Exchange (DSE).

15h ago

GDP grew 4.22% in FY24, lowest in four years

The growth is 1.6 percentage points lower than the provisional estimate

1d ago

ACC finds no lockers or safe deposits under 25 BB officials' names

An eight-member ACC team went to the central bank today to conduct a search

1d ago

Hasina’s 15-year rule made banking sector fragile: ABB chairman

The condition is worse than what one can imagine, says Selim RF Hussain

6m ago

Bangladeshi turmoil risks weaker banks and slower financial reforms, S&P says

The agency said the banking industry's weaknesses, including a lack of liquidity, thin capital buffers and ailing asset quality, have been exacerbated while the departure of senior central bank officials could delay ongoing structural reforms.

6m ago

Banks asked to freeze accounts of Asaduzzaman Khan Kamal, family members

The BFIU asked to freeze the accounts after getting reports about suspicious transactions in their names

6m ago

Shayan F Rahman lost directorship at IFIC Bank due to loan default

Shayan Fazlur Rahman, the son of Salman F Rahman, lost his directorship at the IFIC Bank due to loan defaults

6m ago

M Masrur Reaz, new BSEC chairman

He will be in the post for the next four years

6m ago

Ahsan H Mansur likely to be next Bangladesh Bank governor

He will be the 13th governor of the central bank

6m ago

July inflation hits 11.66%, highest in 13 years

It is the highest in at least a decade

6m ago

Freeze accounts of former land minister, his wife: BFIU to banks

Instruction has also been given to find if there is any bank account in the names of other members of the former minister

6m ago

Banks asked to freeze accounts of Arafat, his wife

The Bangladesh Financial Intelligence Unit made the call

6m ago

Search committee formed to find deputy governors

Mohammad Muslim Chowdhury, former comptroller and auditor general, will lead the panel

6m ago