AKM Zamir Uddin

The Registrar of Joint Stock Companies and Firms (RJSC) has sought permission from Bangladesh Bank to get access to its credit

Interest waivers against bad loans more than doubled to Tk 1,753 crore in 2017, with National Bank alone accounting for 37.13 percent of the sum.

National Bank and Islami Bank Bangladesh went on a loan rescheduling spree in 2017, in what can be viewed as a stunning example of

Banks made wholesale loan write-offs in the final quarter of 2017 in a bid to flatter their balance sheets and overall performance.

People living in rural and remote parts of the country continue showing eagerness in becoming attached to agent banking as the

Inter-bank fund transfers through automated teller machines will be made available to customers from June, in another boost to help

Bangladesh's current account deficit recorded an all-time high of $7.08 billion in the first nine months of the fiscal year as the country's capacity to export is failing to keep up with the appetite for imports.

Bangladesh Industrial Finance Company Ltd (BIFC), a non-bank financial institution or NBFI, faces liquidation as it has failed to pay back loans and deposits of Tk 640 crore to 19 banks and seven NBFIs.

Prime Bank is bringing major changes to its business model for wholesale, retail and SME banking in order to diversify its operations

Rajshahi Krishi Unnayan Bank (Rakub) has sought compensation of Tk 224 crore from the government for incurring losses from

Capital machinery imports continue to soar amid concerns of money laundering by way of over- and under-invoicing centring on the

Fund transfer to any Bangladeshi bank account through online banking will become possible from June, in a development that promises to be a great timesaver for bank customers.

When some local banks are struggling to survive amid rising loan irregularities and deteriorating governance, City Bank stands tall

In an unprecedented move, directors of private commercial banks are now seeking protection from the government against what they say is negative reporting on the banking sector.

Four state-owned commercial banks and the Investment Corporation of Bangladesh will inject Tk 715 crore into fresh equity in the

Private banks' net profits slid for the first time in four years in 2017, dragged down by their ballooning non-performing loans.

Nine banks, which include eight state banks and the trouble-hit Farmers Bank, have failed to meet the minimum regulatory capital needs, in a worrying development for the government.

Bangladesh's current account deficit reached a 15-year high of $5.34 billion in the first seven months of the fiscal year as the country's capacity to export is failing to keep up with the appetite for imports.

Bangladesh Bank has unearthed another string of scams at the Farmers Bank involving loans of around Tk 500 crore that were sanctioned to 11 companies in violation of banking norms and procedures. Of the amount, loans of more than Tk 367 crore that the bank's Motijheel branch gave to 10 of the companies from November 2013 to November last year have become defaulted. Some of the firms are either obscure or little-known.

A number of Farmers Bank depositors have filed complaints with the Bangladesh Bank after the scam-hit bank failed to repay them Tk 852 crore of deposits citing a liquidity crunch.