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 […]
RAB organized a media conference on the rescue of bank manager Nezam Uddin today, Friday, at 11:00 am at the Bandarban District Council Auditorium. However, Nezam Uddin was not brought to the media briefing. Instead, he was brought before journalists at the RAB office, where the bank manager said he could return with everyone's cooperation […]
Nizam Uddin, the manager who was kidnapped during the robbery attempt at Ruma branch of Sonali Bank in Bandarban, has been successfully rescued from Ruma Bazaar area. Khandekar Al Moeen, director of RAB's legal and media wing, confirmed the development to Prothom Alo, saying they were rescued at around 7:15 pm on Thursday.
According to sources, without any prior notice or indication of agenda, the chairmen and managing directors of the four banks were summoned to the central bank on Wednesday. In a meeting, officials of Sonali Bank and BDBL were informed about the government's decision on their merger. Later, in a similar meeting the top officials of […]
Armed men took 40 people hostage, including bank officials, two BGB members, nine police members and bank customers during a bank robbery at two branches in Thanchi, Bandarban. When the police team including the officer in charge tried to stop them, the armed people fired two rounds. The hostages were threatened to be shot if […]
All banking activities stopped in 3 Bandarban upazilas
M Osman Ghani, regional director of Sonali Bank (Bandarban region), told Prothom Alo on Tuesday night that following the robbery at the Rumah branch, they have increased security at all banks in the region. Thanchi Sadar Union Council chairman Aung Prue Mro told Prothom Alo that the terrorists entered the market area in three vehicles […]
An eyewitness said that around 70-80 KNF men reached Hathimatha Para area of the upazila around 8:00 pm on Tuesday. Some of them went to the bank while some others went to the mosque and the upazila officer's quarters. They broke into the bank safe and looted the cash. Bank officials believe that more than […]
Whether prosecuting the masterminds of the hallmark loan scam will help reduce corruption in the financial sector depends on the overall stance of the government. If loan scams continue one after another in the banking sector, one or two trials will not improve the situation. To top it all, the hearing of the Hallmark loan […]
A Dhaka court on Tuesday remarked that the Hallmark Group scam is an extraordinary incident in the history of the country. In observing the verdict, the court also said that those who undermine the country's banking system, economy and people's deposits deserve the death penalty. However, the death penalty in the relevant law is life […]
“Takapay” will initially provide the same service nationally through the use of National Payment Switch Bangladesh (NPSB), an electronic payment platform operated by BB. Once foreign banks and institutions partner with this platform, it can be used abroad as well. Initially, the card will be launched by the central bank for internal use, and later […]
target not met Bangladesh Bank has directed four state-owned banks to reduce their non-performing loans by 12 percent by June next year in compliance with IMF conditions. The four banks in question are Sonali Bank, Aagi Bank, Janata Bank and Rupali Bank. However, no specific instructions have been given to reduce defaulted loans. As a […]
Dhaka-Ghazipur highway near the bus rapid transit project site, Near the Fourlane Highway Project on the Elenga-Jamalpur Highway, when a tractor was uprooting the cable poles attached to the ground. Tangail to Sirajganj railway line. Railway vendors were working on the line when the cable got cut. GP’s Head of Network Services, AKM Al-Amin, who […]
Six of them are former bank officials: Managing Director Humayun Kabir, Deputy Managing Director Mainul Haque, General Manager Noni Gopal Nath, Deputy General Manager Sofiz Uddin Ahmed, Assistant General Manager Mohammad Kamrul Hussain and Executive Officer Mohammad Abdul Mateen. The three other convicts are Saiful Islam Raza, managing director of Paragon Knit Composite Ltd, a […]
Some hackers have transferred about two hundred and fifty thousand US dollar from state owned Sonali Bank in the middle of last year. They hacked Sonali Bank computer network and at first they transferred the money to a bank account in the United Kingdom. Then they transferred the amount to Turkey. Central bank of Bangladesh […]