Companies grow cold on IPOs
Fund raising by way of initial public offering plummeted this year as low interest rates made borrowing from banks a more attractive alternative.
27 December 2017, 18:00 PM
BASIC Bank losing battle with default loans
Welltex Group, the top defaulter of BASIC Bank who was allowed to reschedule loans under a special arrangement by the Bangladesh
21 December 2017, 18:00 PM
Another non-bank falls prey to graft, loan irregularities
Corruption and loan irregularities by board members are pushing yet another financial institution towards the brink
18 December 2017, 18:00 PM
Red blinking
Four business groups, which got their loans of Tk 3,200 crore restructured under the central bank's special policy around three years ago, have failed to pay regular instalments for most of the loans.
13 December 2017, 18:00 PM
Good governance drives growth of IDLC Finance
When the banking sector is facing slowdown amid crises such as loan scams and undue meddling of boards, IDLC Finance Ltd has kept
5 December 2017, 18:00 PM
BASIC Bank Loan Scam: Transfer of Tk 20cr raises questions
Around Tk 20 crore was transferred to bank accounts of two firms, owned by Sheikh Abdul Hye Bacchu's younger brother, from several companies that got loans from BASIC Bank through scams when Bacchu was its chairman.
5 December 2017, 18:00 PM
House Building's rural home loan scheme fares well
The rural housing loan scheme, introduced by Bangladesh House Building Finance Corporation (BHBFC) in July, got off to a flying start
3 December 2017, 18:00 PM
Rakub's default loans increase on potato price fall
The slump in potato prices has compounded the non-performing loan ratio of Rajshahi Krishi Unnayan Bank (Rakub), which has lent
30 November 2017, 18:00 PM
Private credit growth continues ascent
Private sector credit growth is continuing with its ascent, helped in part by the higher import of food grains and capital machinery.
30 November 2017, 18:00 PM
Farmers Bank spirals towards insolvency
Trouble-hit Farmers Bank has twice failed to honour a cheque worth Tk 35.44 crore presented by Bangladesh Telecommuni-cations Company Ltd, in what can be described as the latest episode in the four-year old bank's spiral towards insolvency.
16 November 2017, 18:00 PM
BIFC on the verge of collapse
The non-bank financial institution Bangladesh Industrial Finance Company is on the verge of collapse after it failed
13 November 2017, 18:00 PM
Western Marine to spend Tk 500cr on expansion
Western Marine Shipyard, the leading shipbuilder of Bangladesh, has decided to invest Tk 500 crore in expansion.
12 November 2017, 18:00 PM
Lives changing for better
Between 2000 and 2011, Afzal Hossain had to travel more than 300 kilometres to come to Dhaka from Rangpur every month to collect
7 November 2017, 18:00 PM
A boon for rural people
Banks are witnessing a faster growth in the number of female customer accounts than those of males under the agent banking
7 November 2017, 18:00 PM
Foreign investment in stocks doubles in Jan-Oct
Foreign investment in stocks doubled year-on-year in the first 10 months of 2017 as overseas investors continue to show their trust
7 November 2017, 18:00 PM
Most banks post moderate earnings in Q3
Most banks have reported moderate earnings in the third quarter of the current year thanks to higher incomes from
4 November 2017, 18:00 PM
Sonali Bank UK on the brink of insolvency
Sonali Bank's UK subsidiary (SBUK) is staring at insolvency after the Royal Bank of Scotland (RBS) restricted
28 October 2017, 18:00 PM
Review Holcim share price valuation
Lafarge Surma Cement has appealed to Bangladesh Bank to review its valuation of Holcim share price, which the French cement maker
23 October 2017, 18:00 PM
Islami Bank keeps investors on edge
Islami Bank's earnings per share (EPS) has been on the decline this year, making thousands of investors concerned
22 October 2017, 18:00 PM
Cut in lending rates boosts loan growth of House Building Finance
Bangladesh House Building Finance Corporation (BHBFC) has revised down its lending rate in line with the market, which is helping the
21 October 2017, 18:00 PM