Dash-8 crash adds to woes of Biman
Just two months ago, Biman Bangladesh Airlines shelled out $559,000 (Tk 4.7 crore) for thorough upkeep of a Bombardier Dash-8
21 May 2019, 18:00 PM
BB needs operational independence
Operational independence is needed for Bangladesh Bank to take supervisory actions and stop the government’s interference in the
12 May 2019, 18:00 PM
Loans getting costlier amid cash crunch
In the last one and a half years a home loan borrower of Delta Brac Housing (DBH) has experienced a hike in his interest rate three times.
7 May 2019, 18:00 PM
Biman ticket sale shoots up
Biman Bangladesh Airlines has seen a sharp rise in ticket sales which the aviation ministry claims was due to a drive against corruption in ticketing.
7 May 2019, 18:00 PM
Biman to resume Dhaka-Delhi flight as Jet Air bows out
Biman Bangladesh Airlines is set to resume direct flight operations between Dhaka and Delhi after a five-year gap following Jet
20 April 2019, 18:00 PM
Regent cuts fleet size to beat financial woes
Regent Airways has moved to shave off two aircraft from its fleet as part of its plan to ride out the financial crisis the local airline has
13 April 2019, 18:00 PM
Insurers' premium income goes up
The insurance sector's income growth from premium hit an eight-year high last year thanks to heightened efforts by insurers to revive lapsed insurance policies.
30 March 2019, 18:00 PM
Sonali Bank: once bitten, twice shy
Sonali Bank has emerged as an anomaly in the banking sector, logging in almost half the loan-deposit ratio than other banks last year, at a time when most were gasping to contain their ratio to within the authorised limit.
27 March 2019, 18:00 PM
Banks irked by interest rate cap on credit cards
Bangladesh Bank's decision to cap the interest rate on credit card came as a shock for the banking industry,
20 May 2017, 18:00 PM
Default loans rise to 10.53pc
The nonperforming loans in the banking sector increased by Tk 11,237 crore in the first three months of 2017 -- a development that
16 May 2017, 18:00 PM
Four state banks' Tk 27,700cr loans caught in legal tussle
The credit amounts of the four state banks that are stuck in lawsuits pending with the money loan court rose Tk 5,600 crore in 2016.
15 May 2017, 18:00 PM
AB Bank faces fund crisis for bad loans
AB Bank is facing financial crunch after its provision shortfall totalled Tk 1,340 crore at the end of 2016.
10 May 2017, 18:00 PM
Mobile wallet use rises despite stricter curbs
The transaction through mobile financial services increased 10.23 percent to Tk 72,578 crore in the three months to
6 May 2017, 18:00 PM
Private sector credit growth picks up
Private sector credit growth crossed the 16 percent mark for the first time in six months in March on the back of
2 May 2017, 18:00 PM
Offshore banking getting popular among investors
Offshore banking, the unit of commercial banks that gives out foreign currency loans, is increasingly getting popular
27 April 2017, 18:00 PM
Insurers can partner with banks to spread reach
Bangladeshi insurers should partner with banks in an effort to penetrate deep into the country's booming villages
24 April 2017, 18:00 PM
Recovery of bad loans improves
Banks have made progress in recovery of their default loans in the last quarter of 2016, thanks to pressure from the
17 April 2017, 18:00 PM
Loss-making exchange houses being turned into agent banks
Banks are working to turn their exchange houses into agent banks as their overseas operations have largely flopped.
15 April 2017, 18:00 PM
Nababarsha Celebrations: Businesses get a big boost
Over the last one week or more, mobile phone users have been flooded with SMSs from fashion houses, retail chains
12 April 2017, 18:00 PM
Banks step up efforts to cut cost of funds
Private banks have now turned their focus on bringing down their cost of funds to get a competitive edge over peers in the saturated
11 April 2017, 18:00 PM
State banks rescheduled 43pc less loans in 2016
The four state-owned commercial banks rescheduled 43 percent less loans in 2016 than a year earlier thanks to their cautious
8 April 2017, 18:00 PM
Janata weighed down by restructured large loans
Janata Bank is under trouble as some of its large borrowers whose loans were restructured under a special policy of the central bank
4 April 2017, 18:00 PM
State banks' loss-making branches soar
The four state-owned banks' loss-making branches more than doubled in 2016, much to the worries of Bangladesh Bank and the
2 April 2017, 18:00 PM
State banks saw rapid credit growth in 2016
Four state-owned commercial banks saw higher credit growth at the end of December last year thanks to a surge in lending to small businesses.
30 March 2017, 18:00 PM
Repeated loan defaults pose risks to banks
The inability of some large borrowers to pay their instalments regularly despite taking a restructuring facility is posing a threat to the
25 March 2017, 18:00 PM
Agent banking getting popular
Agent banking is gaining popularity, particularly among Bangladeshis living abroad, because of its convenient and cost-effective
23 March 2017, 18:00 PM
3 firms barred from investing abroad
The Bangladesh Bank has maintained its adamant stance on allowing local businesses to invest abroad, recently turning down
20 March 2017, 18:00 PM
Better strategies key to women empowerment: Green Delta MD
Every institution should put a strategy in place in order to advance women empowerment, said Farzana Chow-dhury, managing
7 March 2017, 18:00 PM