A good bank ensures quality of loans (assets) by selecting the right borrowers, sanctioning loans to various sectors in different sizes, and keeping collateral.
The banking industry as a business is inherently risky.
Banks in Bangladesh are increasing their investments in Treasury bills and bonds to net higher profits from the rising interest rate, a development that has squeezed the availability of loans for borrowers.
Shares of most companies fell in the morning trade on the Dhaka Stock Exchange (DSE), extending a losing streak for the fourth day.
MJL Bangladesh, one of the nation’s leading lubricants companies, is going to buy 2.20 crore shares of Prime Bank in order to increase its stake in the lender.
With a gross domestic product growth rate of nearly 5.8 percent in 2023, Bangladesh is one of the fastest-growing economies in the world. Driving Bangladesh’s prospects is our extremely active domestic consumer market, which accounts for nearly 70 percent of GDP and is rapidly expanding on the back of a growing middle and affluent class. Fuelling this growth is a digital economy that is also expanding rapidly.
The system of selling insurance services to bank customers will ultimately expand financial inclusion.
The growth of bad loans is mainly due to the business-politics nexus, lack of corporate governance, and weak judicial system
During the first half of this year, profits of 35 listed banks in Bangladesh dropped 9 percent year-on-year to Tk 4,160 crore.
Faruk Hussain was waiting for about an hour at the branch office of a private bank in the capital's Karwan Bazar to encash his boss' savings scheme.
Exim Bank 26th National Men's Handball Championship got underway yesterday at the Shaheed Mansur Ali National Stadium in Paltan with 33 teams participating.
India's cricket board threatened Tuesday to cancel the first Test against England, less than 24 hours before it was due to begin, unless judges end a freeze on its bank accounts.
In the rain-curtailed match at Bangladesh Krira Shikkha Protisthan No. 3 ground at Savar, Prime Doleshwar Sporting Club posts 191 for 7 in 28 overs against Abahani Limited today.
Mohammedan SC record their second victory in the Green Delta Insurance Premier Division Hockey League with a 3-1 win over Sonali Bank.
Bangladesh's ace golfer Siddikur Rahman will be hoping for a good outing in the AfrAsia Bank Mauritius Open beginning in Mauritius today as a place in the Olympics looks slipping away.
Finance Minister AMA Muhith says there is hardly any chance to get back more money from the US$100 million hacked from the Bangladesh Bank's account with the Federal Reserve Bank of New York.
An auto-rickshaw driver became a billionaire but only for a few hours. Before he could be aware of it, the bank that issued a deposit order fixed the mistake.
A security guard is stabbed by robbers as he attempts to resist a robbery bid at a branch of Krishi Bank in Charfashion upazila of Bhola.
Australia’s largest banks have been the target of a very sophisticated Android attack stealing banking details which by-pass the two step verification process through SMS affecting millions of customers, reports the Sydney Morning Herald.
