Union Bank

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.

Banks asked to freeze accounts of Union Bank MD ABM Mokammel

The anti-money laundering agency issued the directive yesterday to suspend transactions in both their personal and business accounts for 30 days

UCB, Global Islami, Union get new boards of directors

The central bank issued three separate letters to the banks

Union Bank makes Tk 162 crore profit in 2022

Union Bank Limited made a Tk 162.69 crore profit in 2022, slightly up from a year earlier.

Dressing Up Balance Sheets / Four more Islamic banks take BB emergency loans

Four more shariah-based banks have been found to have taken emergency funds, which are usually taken during extraordinary circumstances, in an attempt at dressing up their balance sheet for last year.

Five Islami banks put on tight leash

Bangladesh Bank has instructed five shariah-based banks to send a daily log of sanctioned credit of Tk 10 crore and above as it looks to restore calm and order at the lenders that have recently faced withdrawal pressure.

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.

October 9, 2024
October 9, 2024

Banks asked to freeze accounts of Union Bank MD ABM Mokammel

The anti-money laundering agency issued the directive yesterday to suspend transactions in both their personal and business accounts for 30 days

August 27, 2024
August 27, 2024

UCB, Global Islami, Union get new boards of directors

The central bank issued three separate letters to the banks

May 3, 2023
May 3, 2023

Union Bank makes Tk 162 crore profit in 2022

Union Bank Limited made a Tk 162.69 crore profit in 2022, slightly up from a year earlier.

January 3, 2023
January 3, 2023

Four more Islamic banks take BB emergency loans

Four more shariah-based banks have been found to have taken emergency funds, which are usually taken during extraordinary circumstances, in an attempt at dressing up their balance sheet for last year.

December 16, 2022
December 16, 2022

Five Islami banks put on tight leash

Bangladesh Bank has instructed five shariah-based banks to send a daily log of sanctioned credit of Tk 10 crore and above as it looks to restore calm and order at the lenders that have recently faced withdrawal pressure.