banking sector crisis

Banks mostly gave loans to their owners rather than creditworthy borrowers

Bangladesh’s banking sector was not well-managed in recent years. Banks mostly gave loans to their owners, rather than to creditworthy entities. Consequently, several banks are now in difficulty.

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).

Analysis / Unrest in banking sector raises concerns

Unrest has gripped the banking sector at a time when several banks are burdened with huge default loans and are suffering from low asset quality.

MPs blast govt for sorry state of banking sector

Three lawmakers in parliament yesterday blasted the government for the sorry state of the banking and financial sector.

Government must choose citizens over oligarchs

Otherwise, banking sector health will continue to deteriorate

Climate funds perpetually stuck in a scam-ridden bank

How long till Farmers Bank pays back what’s due?

Take action against big loan defaulters

Appellate Division’s observation on defaulted loans is right on the mark

Monetary policy has been set free... but not really

While the government’s latest monetary policy for the first half of fiscal year 2023-24 shows an attempt to be rational for the market, it lacks vigour to solve inflation and the dollar crisis.

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.

October 7, 2024
October 7, 2024

Banks mostly gave loans to their owners rather than creditworthy borrowers

Bangladesh’s banking sector was not well-managed in recent years. Banks mostly gave loans to their owners, rather than to creditworthy entities. Consequently, several banks are now in difficulty.

August 13, 2024
August 13, 2024

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).

August 12, 2024
August 12, 2024

Unrest in banking sector raises concerns

Unrest has gripped the banking sector at a time when several banks are burdened with huge default loans and are suffering from low asset quality.

July 3, 2024
July 3, 2024

MPs blast govt for sorry state of banking sector

Three lawmakers in parliament yesterday blasted the government for the sorry state of the banking and financial sector.

December 24, 2023
December 24, 2023

Government must choose citizens over oligarchs

Otherwise, banking sector health will continue to deteriorate

September 22, 2023
September 22, 2023

Climate funds perpetually stuck in a scam-ridden bank

How long till Farmers Bank pays back what’s due?

August 2, 2023
August 2, 2023

Take action against big loan defaulters

Appellate Division’s observation on defaulted loans is right on the mark

June 21, 2023
June 21, 2023

Monetary policy has been set free... but not really

While the government’s latest monetary policy for the first half of fiscal year 2023-24 shows an attempt to be rational for the market, it lacks vigour to solve inflation and the dollar crisis.

December 18, 2022
December 18, 2022

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.

December 4, 2022
December 4, 2022

Destroying the economy to save the thieves

An unholy nexus of powerful people are protecting those who've stolen thousands of crores.