Bangladesh Banking sector
Banks reel from liquidity crisis despite rising deposit rates
Despite rising interest rates on deposits and various efforts by the central bank, Bangladesh’s banking sector continues to face a liquidity crisis that has hamstrung some lenders.
Opinion / Why is the banking sector crisis so deep-rooted?
The regime-sponsored immorality to protect or pamper the financial gangsters not only eroded the future of the banking sector, but also made the wound too difficult to recover from.
Opinion / Balancing inflation control and banking stability
Traditional contractionary policies may not be suitable for Bangladesh’s unique economic structure.
BB to design new law for bank mergers, acquisitions
The Bangladesh Bank is working to formulate a “Bank Resolution Act” for mergers, acquisitions, liquidation or recapitalisation of banks.
Can we change the story of our ailing banks?
Restoring trust in the banking sector is crucially important
The renaissance of Bangladesh Bank and some expectations
We hope that the BB governor will continue the momentum and spirit to bring order and promote the economy.
Banking sector issues that the new governor should address
Good governance and adequate legal infrastructure—relevant laws, courts and impartial judges—need to be established.
We need a bank commission that can drive radical reforms
But its objectives must be clearly defined and regularly scrutinised
Several banks are clinically dead: CPD
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).
What 2022 should have taught us
Far from being a year in which our economy recovered, 2022 proved to be a year where we discovered numerous cracks in it.
Could covenants save our banks from defaulted loans?
As of September 2022, NPLs have soared over Tk 134,000 crores.
The rise and fall of Islami Bank
There are rumours in the market that a highly politically powerful business group is going to take over the ownership of the bank from S Alam Group.
Kamal doesn’t know what is wrong with the banking sector
Islami Bank, Social Islami Bank and First Security Islami Bank lent about Tk 9,500 crore under suspicious circumstances, as reported by different media. Of the sum, Tk 7,246 crore has been taken from Islami Bank alone.
Financial sector reforms necessary to get rid of default loans
Even though the amount of our default loans is over Tk 130,000 crore, according to the government accounts, IMF suggests it is almost over Tk 300,000 crore.
Loan defaulters are putting the banking sector at risk
Despite economic progress over time, Bangladesh’s financial sector continues to be dominated by banks that stand on shaky ground.
New Bangladesh Bank governor’s message to our banking industry
The new governor of Bangladesh Bank (BB) has heralded robust messages to the country’s banking and financial industry.
Over half of banks at high risk of cyber-attacks: BIBM
A high risk of cyber-attacks looms large over 36 per cent of banks in Bangladesh mainly due to a shortage of investment in strengthening security measures, skilled personnel and a lack of awareness among bankers and customers.
Can’t keep our eyes closed to this: SC on banking sector
The Supreme Court expresses concern at the present situation of the country's banking sector, and wants to know the financial state of International Leasing and Financial Services Limited (ILFSL), a non-banking financial institution.
Govt’s Aggressive Bank Borrowing: Private sector may face credit crunch
The government is going to exceed its annual limit for bank borrowing within the first half of this fiscal year due to poor revenue collection, and this could give a credit crunch for the private sector to deal with.