banking sector crisis
Exim Bank suffers a massive Tk 566 crore loss in Q3
The decline in NOCFPS was primarily due to increased investments in customers and a fall in deposits
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.
Destroying the economy to save the thieves
An unholy nexus of powerful people are protecting those who've stolen thousands of crores.