Remittance through MFS doubles in Oct
Remittance disbursement through mobile financial services (MFS) more than doubled in October compared to the previous month due
5 December 2018, 18:00 PM
Customers complain of high charge: study
The high service fee charged by mobile financial service (MFS) operators is turning out to be a major impediment to the growth of the sector, a recent study found.
29 November 2018, 18:00 PM
Scams, failures skipped, dev highlighted
The Bangladesh Bank has published a report on the banking sector development over the last 10 years ahead of the national elections,
25 November 2018, 18:00 PM
Sharp fall in consumer loans
Consumer borrowing growth has seen a sharp fall in June thanks to the tightening of the belts by the lenders when a cash crunch hit
18 November 2018, 18:00 PM
One-third life insurance claims unsettled: IDRA
Some 33 percent life insurance claims in Bangladesh remain unsettled thanks to weak financial health and lack of governance, and in the process erode people's trust in insurers.
10 November 2018, 18:00 PM
BKB, Rakub lending at a loss
Bangladesh Krishi Bank (BKB) and Rajshahi Krishi Unnayan Bank (RAKUB) have been lending at rates lower than their cost of funds, a
6 November 2018, 18:00 PM
BB's intervention fails to stabilise exchange rate
The foreign exchange market has been going through volatility because of the widening demand-supply gap of US dollars amid high
5 November 2018, 18:00 PM
Poor return raises concern for insurers
The insurance sector's returns on investment in fixed assets such as land, buildings, floors and flats have been minimal, raising
3 November 2018, 18:00 PM
AnonTex riding on BB favours
Bangladesh Bank has given AnonTex, which took more than Tk 5,500 crore from Janata Bank through serious irregularities, a controversial permission to take more loans from other state-owned banks as well, reschedule its loans and valuate its assets afresh to make it look like a healthy company.
27 October 2018, 18:00 PM
Janata scams never end!
Janata Bank has been granting undue favour to yet another big borrower, allowing the company to open letters of credit (LC) one after another overstepping all sorts of banking rules, multiple Bangladesh Bank investigations have found.
20 October 2018, 18:00 PM
Banks' liquidity sees sharp rise
After enduring a serious cash crunch since the middle of 2017, the banking sector has started to witness a sharp rise in excess
20 October 2018, 18:00 PM
Home loans rebound
Home loans have seen faster growth thanks to the rising demand for house ownership amid low-interest rate, giving a much-needed
20 October 2018, 18:00 PM
Number of accounts drops amid purge
The number of active mobile financial service (MFS) accounts has decreased by 9.72 lakh in a month as the banking watchdog has
14 October 2018, 18:00 PM
Janata going BASIC's way
Janata was almost a sound bank, the best among its state-owned peers until last year.
It saw a dramatic fall in just six months since January this year.
11 October 2018, 18:00 PM
S Alam now sets sights on insurers
After taking over a number of banks and financial institutions in the past few years, Chattogram-based S Alam Group has now set its
3 October 2018, 18:00 PM
Janata now goes for auction
Saddled with Tk 8,300 crore loans to two business groups, most of which have gone bad, Janata Bank has moved to auction property and goods of one -- Crescent Group.
30 September 2018, 18:00 PM
Oil import bill to soar this year
The government's oil import bill is set to jump 36 percent this fiscal year thanks to the appreciation of the dollar and an increase in global oil prices -- a development that can lead to a hike in oil prices in the local market, officials said.
27 September 2018, 18:00 PM
Banks' deposit base expands slightly
Banks' aggressive drive for funds has finally pushed up the deposit growth, easing the cash crunch that has crippled the banking
24 September 2018, 18:00 PM
Banking loopholes limit potential of stockmarket
Bangladesh's stockmarket is being held back from reaching its potential because of the indiscipline in the banking sector, which has spoiled companies' attitude, said M Khairul Hossain, chairman of the Bangladesh Securities and Exchange Commission (BSEC).
11 September 2018, 18:00 PM
Ghosts within Janata Bank
Everything is happening at Janata Bank, and in the latest case it deliberately did not mark Tk 2,643 crore of its Tk 5,508 crore loans given to a single group -- AnonTex -- as classified, ignoring Bangladesh Bank's instructions.
8 September 2018, 18:00 PM