Banks
ICB Islamic Bank struggling to pay back depositors
ICB Islamic Bank, which took shape from the ruins of Oriental Bank in 2008, is now failing to repay the depositors’ money due to severe liquidity crisis, indicating a vulnerable situation of the lender.
5 banks to seek offshore banking deposits at NY campaign
The leading banks will arrange a dinner for expatriate Bangladeshis at New York LaGuardia Airport Marriott
Developing effective ESG compliance strategy a must now: DCCI
Analysts discuss environmental, social and corporate governance (ESG) compliance strategies at Dhaka Chamber event
Jamuna Bank Q1 profit up 23%
In Jan-Mar, the bank made a profit of Tk 164 crore this year, up from Tk 134 crore last year
Dhaka Bank’s Q1 profit highest in 4 years
The bank's profit rose 26% year-on-year to Tk 60.39 crore in Jan-Mar period of 2024
Islamic banks lose Tk 8,496 crore deposits in a month
Deposits in Islamic banks reduced, but in Islamic banking branches of conventional banks rose
Bangladesh Bank imposed entry restriction to hide weakness: journalists
Journalist leaders demand easy access to info at the central bank
Bangladesh’s outlook remains bright despite global uncertainty
Says HSBC’s chief economist for Asia
Tax revenue’s 43% spent on govt salaries
Public employees’ pay rises 406% in 12 years, a PRI study finds
Shams Zaman, PwC Bangladesh’s new country managing partner
He has over 28 years of professional experience
Renata’s Q3 profit grows 21%
The drugmaker’s nine months’ profit exceeds FY22’s full year figure
Nat’l Bank not up for merger
National Bank officials do not want the bank to merge with another entity.
Banks asked to increase forex inflow
Bangladesh Bank today sat with five leading private commercial banks
National Bank continues incurring losses
It made a loss of Tk 1,497 crore in 2023, down from Tk 3,285 crore in 2022
Islami Bank to issue Tk 1,000 crore bond to strengthen capital
Islami Bank Bangladesh, the largest and oldest shariah-based bank in the country, today announced that it would borrow Tk 1,000 crore through the issuance of bonds to improve its capital adequacy in line with Basel-III.
Singer incurs losses in Q1
The home appliance maker counted a loss of Tk 2.1 crore in Jan-Mar quarter
Heidelberg Bangladesh’s sales drop, but profit rises
The company gives credit to fall in administration, distribution costs and selling expenses
Mohammad Abu Jafar, new managing director of Premier Bank
He has 34 years of experience in banking
