The step has been taken for the sake of the depositors' money, according to the order issued by BB
Crisis-ridden National Bank’s financial woes have deepened further, as the bank’s losses increased by a massive 145 percent year-on-year in the first quarter of 2024.
National Bank went from a financially stable bank to a bank marred in irregularities
The Sikder family has apparently lost its grip on National Bank Ltd as Bangladesh Bank has appointed a new board for the country’s first private bank.
After the press conference, the bank officials offered packets with snacks to journalists. However, after taking the packet, journalists noticed that it contained an envelope with Tk 5,000 inside
Bangladesh Bank has dissolved the board of directors of National Bank Ltd, just five months after restructuring it.
The bank’s sponsor director Khalilur Rahman made the new chairman
It made a loss of Tk 1,497 crore in 2023, down from Tk 3,285 crore in 2022
A recent rush to withdraw money from the BASIC Bank and National Bank is worsening the situation the troubled institutions are facing.
The National Bank Ltd has postponed its annual general meeting (AGM) for an indefinite period following a status quo order issued by the Supreme Court.
In Jan-Sep, the bank's loss hit Tk 1,123 crore in 2023 from last year's Tk 357 crore
Rick Haque Sikder, a director of National Bank Ltd (NBL) and chairman of R&R Aviation Ltd, has defaulted on repayments of a loan with AB Bank Ltd, which might cost him the directorship if dues are not cleared in two months.
The bank did not take prior approval for re-electing Ron as a director
The Bangladesh Bank has ordered private-run National Bank not to disburse more than Tk 10 crore in loans as the lender is going through uncertainties after the resignation of its Managing Director Md Mehmood Husain.
National Bank Ltd reported a loss in the April-June quarter of 2022.
Detectives yesterday arrested four people from different parts of Dhaka in connection with a case filed over National Bank’s missing Tk 80 lakh on May 10.
National Bank Limited, a concern of Sikder Group of Companies, today sent an explanation to The Daily Star after the newspaper published on its online version a news report with the headline “Case filed over attempt to shoot Exim Bank top officials”.
A bag containing approximately Tk 80 lakh cash allegedly went missing from a vehicle of National Bank during money collection from the bank’s Old Dhaka branch.
Traffic on Panthapath’s southern lane resumes cleared off for danger four days after it was sealed following the collapse of National Bank’s under-construction site.
