loan irregularities

BB probe into Union Bank: ‘S Alam staffer’ took Tk 118cr sans approval

A “staffer of S Alam Group” took out Tk 118 crore from Union Bank without any approval or following any banking norms, indicating how the controversial business conglomerate used the bank.

Islamic banks’ loan surges 9 times their deposits in a year

Investments made by full-fledged Islamic banks in Bangladesh surged nearly nine times their deposits in a span of a year, raising questions as private sector credit growth has slowed in the entire banking sector, official figures showed.  

October 29, 2024
October 29, 2024

BB probe into Union Bank: ‘S Alam staffer’ took Tk 118cr sans approval

A “staffer of S Alam Group” took out Tk 118 crore from Union Bank without any approval or following any banking norms, indicating how the controversial business conglomerate used the bank.

June 6, 2023
June 6, 2023

Islamic banks’ loan surges 9 times their deposits in a year

Investments made by full-fledged Islamic banks in Bangladesh surged nearly nine times their deposits in a span of a year, raising questions as private sector credit growth has slowed in the entire banking sector, official figures showed.