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    Homebank merger

    Tag: bank merger

    Bank mergers and lack of foresight: a concern for the economy of Bangladesh
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    Bank mergers and lack of foresight: a concern for the economy of Bangladesh

    prothom hello , We see that the value of the dollar is increasing. Now the government has used the crawling peg system to devalue the taka. Many people say that this should have been done earlier. What do you say? Can this creeping peg measure make any difference now? Zahid Hussain There are questions about […]

    author
    By Abdullahil Kafi
    May 19, 2024May 19, 2024
    Sonali Bank and BDBL sign merger agreement - Latest News and Updates
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    Sonali Bank and BDBL sign merger agreement – Latest News and Updates

    BDBL Chairman Shamima Nargis said, 'BDBL is already in a weaker position in only one of the four indices. The index is the default loan. This amount was 41 percent. In the last one year, I have reduced it to 34 percent. It is not possible to reduce the rate from 34 to 5-10 or […]

    author
    By Abdullahil Kafi
    May 12, 2024May 12, 2024
    Basic, National Banks are currently avoiding merger
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    Basic, National Banks are currently avoiding merger

    Indian Finance Minister, Nirmala Sitharaman announced the conversion of 10 public sector banks into four strong banks on 29 August 2019. He also announced capital support of Rs 550 billion for the merger process. In 1998, some East Asian countries, including Thailand, Malaysia, Indonesia and South Korea, benefited from forced mergers of banks. Thailand spent […]

    author
    By Abdullahil Kafi
    May 7, 2024May 7, 2024
    National Bank scam: How the bank was destroyed by corruption and mismanagement
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    National Bank scam: How the bank was destroyed by corruption and mismanagement

    National Bank is one of the first generation banks in the private sector of Bangladesh. When it began operations in 1983, the bank's first chairman was Azizur Rahman Mallick, the founding vice-chancellor of Chittagong University and former finance minister. Although he did not own any shares in the bank, the investors initially kept him on […]

    author
    By Abdullahil Kafi
    May 7, 2024May 7, 2024
    Padma Bank: A story of politics, power and financial failure
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    Padma Bank: A story of politics, power and financial failure

    The bank's top loan defaulter is Chattogram's Muhib Steel and Ship Recycling Industries, owned by Mujibur Rahman alias Milan. He has reportedly been hiding abroad for a long time. The total debt of the company is Tk 1.47 billion (Tk 147 crore). Khulna's Mimu Jute Mill, Mullik Aquaculture and Monmi Agro are in the bank's […]

    author
    By Abdullahil Kafi
    May 6, 2024May 6, 2024
    RAKUB Lending to Cold Storage defaulted on 21% of loans and merged with BKB
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    RAKUB Lending to Cold Storage defaulted on 21% of loans and merged with BKB

    RAKUB is collecting deposits at high interest, but lending at the rate set by the government. Despite the bank's interest rate being up to 13.55 percent, the bank's interest rate for agricultural and rural loans is 12.55 percent. That means RAKUB earns less from interest. People concerned said a change in RAKUB's operating model was […]

    author
    By Abdullahil Kafi
    May 6, 2024May 6, 2024

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