Never has this country seen such a scholarly leadership team for economic policymaking in its history

We have been talking about banking sector reforms since long as our banking sector is plagued with insider lending, bad loans, low capitalisation and risk coverage, weak governance, sub-optimal automation, a lack of expert manpower and non-availability of better products to serve the emerging clients and cater their shifting demands.

The condition is worse than what one can imagine, says Selim RF Hussain

Clinically dead banks should be allowed to close down, the think-tank says

Banks reopened today after three days of additional general holidays

Bad loans in six private banks increased by about 55 percent in the first nine months of the year, raising further alarms about the health of the banking sector.

Overall, banking sector's non-performing loans fall slightly

Its Jan-Sep profit hits Tk 382 crore this year, up from Tk 312 crore last year

The banks are: Myanmar Foreign Trade Bank and Myanmar Investment and Commercial Bank

One can be a bank director five years after retirement or contract

The bank did not take prior approval for re-electing Ron as a director

The ride-sharing company will utilise its own fund

Bangladesh’s banking sector now requires comprehensive reforms for the financial sector to become strong enough to augment a transition to an upper middle-income country by 2031, said Edimon Ginting, country director of Asian Development Bank (ADB), yesterday. 

Cash-strapped banks are borrowing from cash-rich lenders paying more than 9 per cent in interest rate, which is above a cap set by the central bank, as an unprecedented liquidity crunch has hit the banking sector of Bangladesh.