banking sector Bangladesh
NBR seeks bank account details of Sheikh Selim, family members
The tax administrator wants to check whether they have been paying their taxes properly
Crisis in banks deeper than anyone could imagine
Experts and businesspeople yesterday urged the newly formed interim government to adopt urgent measures to ensure good governance in the banking sector, saying that the crisis in financial institutions is much deeper than anyone could imagine.
Recovery from crisis impossible without addressing banking sector’s vulnerability
Economists today expressed deep concerns over the current situation in the banking sector of Bangladesh and warned that the recovery from the current economic crisis would not be possible without addressing the sector’s vulnerability.
Currency outside banks keeps rising
The volume of currency outside the banking sector of Bangladesh has been increasing since November amid higher inflation and the erosion of confidence among people in some banks
Risk management challenges that our banks face
Risk management is concerned with reducing earnings volatility and avoiding losses, especially large ones.
Banking reform roadmap useless if past failures not understood
Bangladesh Bank’s banking sector reform roadmap of last week will come to no use if the implementation failures of previous roadmaps cannot be understood, said eminent economist Wahiduddin Mahmud yesterday.
Banking sector distressed by reform failure: key economist
Bangladesh Bank's banking reform roadmap is nothing new, but failures to implement it has distressed the sector, said eminent economist Wahiduddin Mahmud
Banks’ lending slows for liquidity crunch
The banking sector’s lending growth squeezed in the April to June quarter owing to a shortage of liquidity at most banks and their unwillingness to extend credits to borrowers already struggling to pay back, official figures showed.
BB asks banks to regain people’s trust
People are increasingly opting for keeping cash, which is a major concern in this era of digital banking as it indicates a lack of trust in banks, said Bangladesh Bank Governor Abdur Rouf Talukder yesterday.
Is dual citizenship to blame for money laundering?
“Is Bangladesh a place of looters?” – this question was raised by the High Court last month.
CPI 2022: Disappointing global and Bangladesh performances
CPI 2022 shows how corruption, conflict and insecurity are interrelated and feed each other.
Overcoming looming economic challenges in 2023
The core problems of our economy are rooted in the very nature of the country’s governance, which has long been neglected.
Bangladesh Bank looked away as tycoons borrowed at will from 2 banks
On edge -- is what best describes the sensation surrounding the banking sector. But the Bangladesh Bank higher-ups were warned as early as October 2021 that such a situation might transpire. Yet, no definitive action was taken then.
Bad debts going worse
Misgovernance, corruption, nepotism and subsequent bad debts keep plaguing our banking landscape.
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.
Banking sector holding the economy hostage
Comprehensive reforms needed to boost investment, sustain growth
Scams crippling banking sector
A little-known firm named SB Exim allegedly swindled Tk 200 crore from Bangladesh Commerce Bank Ltd (BCBL) using forged documents in the name of exporting terracotta tiles in 2018.