Bangladesh Bank report

Graft leaves 2 pvt banks in dire straits

Only four years after their inception, two private commercial banks are at a risk of becoming insolvent due to rampant corruption, posing a potential threat of a spill-over impact on the entire banking system, according to a Bangladesh Bank report.

October 30, 2017
October 30, 2017

Graft leaves 2 pvt banks in dire straits

Only four years after their inception, two private commercial banks are at a risk of becoming insolvent due to rampant corruption, posing a potential threat of a spill-over impact on the entire banking system, according to a Bangladesh Bank report.