Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
According to the review, deposits are increasing by 1000 billion taka every year. But loans are increasing by about 1500 billion taka every year. Meanwhile, one-third of the total deposits have come in the form of fixed deposit receipts (FDR). One-fourth of the loans have gone to the government. According to the Economic Review, total […]
Tajmilur Rahman, manager of IFIC Bank's Bogura corporate branch, said there was no security guard at the Matidala sub-branch. Officials at the sub-branch confirmed that the money was looted by breaking open the safe. He said that it is being investigated whether there was any negligence on the part of anyone in the bank. Saihan […]
Ahsan H Mansoor, executive director of research organisation Policy Research Institute (PRI), has warned that the economy should not be destroyed to save weak banks. “The policy has to be maintained and we should not back down from it. Commercial banks, which themselves are responsible for the liquidity crisis, are being supplied with money. The […]
The holy Eid-ul-Azha will be celebrated in Bangladesh on Monday, June 17. Before Eid, Friday-Saturday is a weekly holiday and Sunday is closed for Eid, there are three consecutive holidays on June 14, 15 and 16. Banks will remain closed during this period. However, Bangladesh Bank (BB) said in a notification that banks have been […]
Most economic indicators – inflation, dollar crisis, foreign exchange reserves – have worsened, resulting in increasing pressure on the overall economy. The cost of doing business has increased due to the increase in interest rates by Bangladesh Bank. The banking sector has become weak as money is being taken from banks in real and fake […]
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 increased more than three times in the last ten years, from Tk 427.25 billion in the fourth quarter of FY 2011-12 to Tk 1456.33 […]
Head of Retail Distribution Division and Chief Bancassurance Officer, Mohammed Rashid Akhtar, Bancassurance Manager, Midland Bank's Khondokar Imran Hussain and Company Secretary Abdur Rahman, Head of Bancassurance Mohammed Shahadat Hussain, Zenith's Head of Group Insurance Anwar Hussain including both life at the government event. Other officials of the organizations were present.
During the visit, the MD will encourage expatriates to deposit dollars in offshore banking accounts under local banks. In addition, they also have to participate in an anti-money laundering program. An event is scheduled to be held at a New York hotel on May 24 to promote offshore banking fixed deposits for expatriates. Bangladesh Ambassador […]
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 […]
In the meeting, the IMF wanted to know whether the Central Bank's inspection of the financial health of the banks is continuing or not. Clarification has also been sought as to whether the inspection reports are communicated to the customers or not. Besides, the IMF delegation suggested increasing the quality and number of inspections to […]
