Wednesday | 15 January 2025 | Reg No- 06
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Wednesday | 15 January 2025 | Epaper
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Excessive government borrowing from banks raises concerns  The interim government's repayment strategy, involving borrowing from commercial banks to repay loans taken from Bangladesh Bank (BB), reflects a ...
Jibon Islam
Govt repaying BB loans, borrowing from commercial banks  The interim government is repaying loans it had taken from Bangladesh Bank (BB) borrowing from commercial banks. In the first ...
Exclusive Interview
Surjomukhi Ltd CEO tells
Shamsul Huda
In open banking, a bank should securely share data of its clients with other banks upon their explicit requestFida Haq, Managing Director and Chief Executive Officer of Surjomukhi Ltd, a payment system operator licensed under Bangladesh Bank working ...
Task force launches investigations into 6 troubled banksA task force formed to reform the banking sector in Bangladesh has initiated a financial investigation into six banks entangled ...
Concentration of default loans raises concerns
Jibon Islam
Five banks account for 54pc of default loans *    National Bank of Pakistan: 96.08%*    ICB Islamic Bank: 88.82%*    Padma Bank: 85.73%*    Basic Bank: 64.45%*    Janata Bank: 52.55%##############At least ...
Business Correspondent
BB appoints world's 2 top firms to audit 6 troubled banksBangladesh Bank has enlisted global auditing firms Ernst & Young (EY) and KPMG to evaluate the asset quality of six ...
Observer Online Report
BB appoints two foreign firms to audit 6 banksThe Bangladesh Bank (BB) has appointed two globally renowned accounting firms to conduct a detailed assessment of six banks as ...
Observer Online Report
Six banks' MDs sent on compulsory leaveBangladesh Bank on Sunday (January 4) issued directives sending the managing directors (MDs) of five more private commercial banks on ...
Business Correspondent
BB orders enhanced fire safety measures in banks Bangladesh Bank has directed all commercial banks to bolster fire safety measures as a precaution following recent fire incidents causing ...
BB extends deadline for banks to repay guaranteed loansThe Bangladesh Bank (BB) has granted a three-month extension to several crisis-prone banks for repaying the central bank guaranteed loan.These ...
Sabbir Ahmed Saber/Shakib Ahmed
AL has ruined the country's banks in 16.5 years: Jamaat AmeerJamaat-e-Islami Ameer Dr Shafiqur Rahman on Sunday accused the Awami League government of destroying the country's banks in the past ...
13 banks respond to BB query on unusual USD purchasesThe managing directors and CEOs of 13 banks submitted their explanations for dollar purchases beyond the amount they were allowed, ...
Business Correspondent
BB allows banks to review financial health by global firms Bangladesh Bank (BB) has allowed local banks to appoint international consulting firms to conduct comprehensive assessments of their financial health.To ...
Business Correspondent
Deposits in Shariah-based Islamic banks fallSavers are increasingly parking their funds at Islamic banking branches and windows of commercial banks in Bangladesh in a move ...
Business Desk
BIBM holds seminar on sustainability of 4th Gen banks in BD A half day-long seminar titled "Institutional Sustainability of the Fourth-Generation Banks in Bangladesh: An Analysis from the Socio-Psychological Perspective" was ...
Business Correspondent
Defaulted loans with 6 pvt banks hit Tk 80,573cr in SeptThe combined defaulted loan in the six private commercial banks rose alarmingly by 171 per cent to Tk 80,573 crore ...
BB lifts 100pc margin requirement for LC opening at 6 banksBangladesh Bank has removed the 100 percent margin requirement for opening letters of credit, or LCs, in five Shariah-based banks ...
Business Correspondent
Weak banks resume ATM booths, online banking, collecting bills to restore clients' confidenceWeak banks are using various ways to restore clients' confidence. They have reopened ATM booths and online transactions that were ...
Business Correspondent
6 banks given Tk 22,500 crore by AL govt by printing moneyBangladesh Bank (BB) Governor Dr Ahsan H Mansur said at a press conference on Thursday six weak banks were given ...
Observer Online Report
Six weak banks given Tk 22,500 crore printing new notesSix weak banks have been given Tk 22,500 crore printing new notes, said Bangladesh Bank Governor Dr Ahsan H Mansur.He ...
No decision on alternative aid for weak banks: BBThe Bangladesh Bank has not made a definitive decision on providing struggling banks with liquidity support through alternative measures beyond ...
Business Correspondent
BB asks banks to rebuild imageBangladesh Bank on Monday asked banks to find a way to rebuild the image of the country's banking sector in ...
Observer Online Report
BFIU asks banks to freeze accounts of 10 journalistsThe Bangladesh Financial Intelligence Unit (BFIU) has asked banks to freeze the accounts of 11 people including 10 journalists.The anti-money ...
Dismissed employees of S Alam-owned banks stage road blockade in CtgHundreds of employees, recently dismissed from three banks owned by the S Alam Group, staged a one-hour road blockade in ...
3 cash-strapped banks get Tk 2.65b more from 4 stable banksFour stable banks have pumped Tk 2.65 billion more into three weak banks to help them get over liquidity shortages.The ...
Business Correspondent
Moody's takes negative rating on six BD banksMoody's Ratings has taken rating actions on six Bangladeshi banks, including BRAC Bank, City Bank, Dutch-Bangla Bank, Eastern Bank, Mercantile ...
Business Correspondent
No banks to face closure, although AL govt left those in dire straits:  SalehuddinNo banks will be shut down despite some continuing to struggle as the previous Awami League government left those in ...
Observer Online Report
No banks will be closed: Finance AdviserSome banks are continuing to struggle, while few others are recovering, said Finance Adviser Salehuddin Ahmed on Tuesday."But, no banks ...
Shahnaj Begum from Baku, Azerbaijan
BD asks multilateral banks for loans at low rate Bangladesh has asked the multilateral banks should they provide loans then they must go for interest rate at 0.5 to ...
BB provides liquidity guarantee of Tk 6,585cr to 7 banksBangladesh Bank (BB) has extended Tk 6,585 crore in liquidity support to address short-term funding needs under its credit guarantee ...
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