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Budget 2024-25: Wishlist long, plans falling short
Posted inFeatured

Budget 2024-25: Wishlist long, plans falling short

The budget is not about speeches. It is a statement on medium-term macroeconomic policy. This statement is one of the many documents related to the budget. It mentions various challenges…
Posted by Abdullahil Kafi June 7, 2024
Rising default loans in public sector banks: Challenges and solutions
Posted inFeatured

Rising default loans in public sector banks: Challenges and solutions

The central bank had in June asked four state-run banks to bring down default loans to within 12 per cent as part of their loan conditions from the International Monetary…
Posted by Abdullahil Kafi June 6, 2024
Private banks face crisis: default loans and provision losses rise
Posted inFeatured

Private banks face crisis: default loans and provision losses rise

These findings were presented at a dialogue titled ‘What is the future of banking sector in Bangladesh?’ organised by CPD on Thursday.The CPD said the total amount of NPAs has…
Posted by Abdullahil Kafi May 25, 2024
IMF satisfaction: relief or anxiety for Bangladesh?
Posted inFeatured

IMF satisfaction: relief or anxiety for Bangladesh?

IMF complacency: Relief or discomfort for Bangladesh?
Posted by Abdullahil Kafi May 18, 2024
Bangladesh's economic crisis and lost sovereignty of political leadership
Posted inFeatured

Bangladesh's economic crisis and lost sovereignty of political leadership

prothom hello , Debapriya BhattacharyaThere are many reasons behind the emergence of this situation. Firstly, the required amount of tax could not be collected from domestic sources. Secondly, it was…
Posted by Abdullahil Kafi May 12, 2024
Sonali Bank and BDBL sign merger agreement - Latest News and Updates
Posted inFeatured

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.…
Posted by Abdullahil Kafi May 12, 2024
IMF urges Bangladesh to address banking sector weaknesses
Posted inFeatured

IMF urges Bangladesh to address banking sector weaknesses

Responding to a question about bank mergers, Chris Papageorgiou said that this initiative of Bangladesh Bank is needed because of the 61 banks of Bangladesh, some are very strong while…
Posted by Abdullahil Kafi May 9, 2024
Padma Bank: A story of politics, power and financial failure
Posted inFeatured

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…
Posted by Abdullahil Kafi May 6, 2024
High default loans a big threat to the financial sector: BB
Posted inFeatured

Bank loan interest rate increased to 13.55% in April: Bangladesh Bank implemented new method

Earlier the highest rate of interest was 9 percent. But the central bank retreated from its previous position of setting a fixed interest rate.At present, the interest rate on the…
Posted by Abdullahil Kafi March 31, 2024
Banks will operate for five hours a day during Ramadan
Posted inFeatured

Dollar, Taka crisis eases slightly

Dollar, Taka crisis eases slightly
Posted by Abdullahil Kafi March 30, 2024
Bank merger: Will there be accountability for corruption?
Posted inFeatured

Bank merger: Will there be accountability for corruption?

No one takes responsibility for the failure in Bangladesh and the finance sector regulators are also no exception to this, but this failure has now brought a threat to the…
Posted by Abdullahil Kafi March 19, 2024
BDBL's Struggles 14 Years After Merger: A Case Study of Bangladesh Development Bank Limited
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BDBL's Struggles 14 Years After Merger: A Case Study of Bangladesh Development Bank Limited

Bank deposits were Tk 28.31 billion in 2018, which declined to Tk 24.21 billion in 2020. Deposits grew to Tk 29 billion in 2021, Tk 29.14 billion in 2022 and…
Posted by Abdullahil Kafi March 19, 2024
Padma Bank signs MoU with EXIM Bank for merger, will operate as EXIM Bank
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Padma Bank signs MoU with EXIM Bank for merger, will operate as EXIM Bank

Bangladesh Bank spokesperson Mazbaul Haq said the two banks have signed an agreement for the merger. They will submit further applications. After their proposal is approved, Bangladesh Bank will review…
Posted by Abdullahil Kafi March 18, 2024
Banks to start hunting for willful defaulters in April: Bangladesh Bank takes action against defaulted loans
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Banks to start hunting for willful defaulters in April: Bangladesh Bank takes action against defaulted loans

The central bank mentioned in the notification that if willful defaulters are identified and appropriate steps are taken against them, it will be possible to maintain credit discipline and enhance…
Posted by Abdullahil Kafi March 13, 2024
Banks can merge freely by December, no loss to depositors: Bangladesh Bank
Posted inFeatured

Banks can merge freely by December, no loss to depositors: Bangladesh Bank

Central bank spokesperson Mazbaul Haq told a media conference on Tuesday that rules will be made on the methodology and procedure banks will have to follow for mergers, following global…
Posted by Abdullahil Kafi March 12, 2024

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