Banks in Bangladesh
Hasina’s 15-year rule made banking sector fragile: ABB chairman
The condition is worse than what one can imagine, says Selim RF Hussain
Protests break out at half a dozen banks
The bank officials’ demands include cancellations of illegal appointments and punishment of corrupt bank owners
Banks phasing out ATMs as focus shifts to both deposit and withdrawal
Automated teller machines (ATMs) were once a symbol of modern electronic banking for facilitating quick and easy cash withdrawals alongside other banking solutions, including credit card payments and balance confirmation
Agent banking losing steam with banks opening more sub-branches
Sub-branches are the priority for banks now, replacing agent banking in bringing banking services efficiently to people
1,824 accounts have over Tk 50 crore in bank deposit
They hold over 15% of total bank deposits in Bangladesh
Refrain from transacting with US sanctioned Burmese banks: BB
The banks are: Myanmar Foreign Trade Bank and Myanmar Investment and Commercial Bank
Rules relaxed for hiring of former bankers as directors
One can be a bank director five years after retirement or contract
Local banks have lowest capital base in South Asia
Banks in Bangladesh were bottom-ranked in 2022 among South Asian lenders when it comes to capital base, owing largely to rising non-performing loans.
Banks raising interest rates
Banks in Bangladesh are raising the interest rate on deposits gradually in order to lure depositors and improve their liquidity situation amid a lack of appetite among savers because of the stubbornly high inflation.
Pubali Bank aims to be a lifelong partner of clients
Riding on the reputation it has earned over the decades, Pubali Bank Ltd, one of the oldest banks in Bangladesh, is investing to build a robust digital infrastructure with a view to providing all financial services at the fingertips of customers and their doorsteps.
‘Rules on compulsory diploma discriminatory’
It will be very tough for bankers to pass the exam smoothly if the existing curriculum is retained.