banks
Tk 92,261 crore embezzled in 24 banking scams in last 15 years: CPD
Clinically dead banks should be allowed to close down, the think-tank says
Ransomware attack hits small banks across India
Nearly 300 small banks have been isolated from the country’s broader payment network to prevent any wider impact, the sources
Banks reopen after Eid with new office timing
Banks in Bangladesh reopened with a new office timing today after the Eid-ul-Azha holidays
Banks’ surging investments in bills, bonds shrink loanable funds
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.
Eid-ul-Azha: Banks in industrial area to remain open June 14-16
The branches of banks in industry-related areas will remain open on a limited scale on June 14, 15, and 16, to facilitate payment of salaries and bonuses to the staff working in the garment industry before Eid-ul-Azha
Banks are vehicles for financial oligarchy: CPD
The financial oligarchy under crony capitalism in the country is using banks as vehicles to fulfil their goals, said Fahmida Khatun, executive director of Centre for Policy Dialogue (CPD)
Bar non-compliant banks from giving new loans
Citing BB data, he said there were 16 banks where the NPL ratio exceeded 10 percent and 9 banks where the NPL ratio exceeded 20 percent as of June 2023.
Banks’ CSR spending slumps
Banks’ spending on socially impactful schemes as part of their corporate social responsibility (CSR) fell in the second half of 2023, said a central bank report yesterday..During the July-December period of last year, banks spent Tk 353 crore on CSR-related activities, which was 31 percent
Rise of cash recycling machines
This standalone infographic shows the basic difference between CDMs and CRMs and illustrates how the number of CRMs is rising in both rural and urban areas of Bangladesh.
Banks suffering for growing liquidity stress
A majority of banks in Bangladesh, including some Shariah-based ones, are facing difficulties to run their activities due to a liquidity crisis, according to industry people.
Defences against bank risks
Banks are an essential part of a nation’s economy. They facilitate the flow of funds from surplus units (depositors) to deficit units (borrowers) to fuel the growth of the economy.
How new banks are faring after a decade
The government awarded licences to set up new nine banks in 2013 despite criticism from analysts and economists and initial reservations from the central bank since the number of lenders was already high in Bangladesh and approvals were largely given on political consideration.
Banks to remain open on April 30
The Bangladesh Bank today asked banks to keep their doors open and run operations on a limited scale on April 30, a public holiday, in order to settle the increased number of financial transactions ahead of Eid-ul-Fitr.
3 new banks to get licenses: Muhith
Removing all confusions about the permission of new banks, Finance Minister AMA Muhith categorically says the government is going to issue licenses for setting up three new banks.
Japanese megabanks embrace AI, robot tech
The irresistible shift toward digitisation is sweeping through Japan’s three megabanks. Amid a drive toward greater efficiency and higher profits, artificial intelligence and robot technology are increasingly replacing roles typically handled by thousands of bank employees.
Banks to remain open on July 2, 3
All bank branches to remain open on July 2 and 3 in industrial areas of Dhaka, Chittagong, Narayanganj, Gazipur and Savar, to facilitate disbursement of salaries to garment workers.
Greek MPs back €85bn bailout after marathon talks (video)
The Greek parliament has backed the country's new bailout deal after all-night talks, despite a rebellion by many MPs in the governing Syriza party.