banks
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.
How far a tough central bank can help?
All stakeholders, including the citizenry, have for years been warning about the deteriorating health of Bangladesh's banking sector. Hard data such as those on the prevalence of default loans have also been indicating the same. .A recent Bangladesh Bank report is the latest to reaffirm
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.
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.
