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    Loans in default continue to dog Bangladesh banking sector

    | Updated at 12:00am on January 24, 2020

    ABOUT Tk 969.86 billion in loans in default being in the hands of 8,238 companies until November 2019, as the finance minister told the parliament...

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    FID for giving facility to writ petitioners, loan swindlers 

    Shakhawat Hossain | Updated at 12:00am on January 16, 2020

    The Financial Institutions Division of the Finance Ministry has decided to request Bangladesh Bank to extend the loan rescheduling opportunities at two per cent down...

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    NSC sales dip 76pc in July-Nov, government rushes for bank loans

    Staff Correspondent | Updated at 09:58pm on January 09, 2020

    The net sales of national savings certificates plunged by 76.24 per cent or Tk 16,520.29 crore in the July-November period of the current fiscal year 2019-2020,...

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    NPL crisis has no magic remedy

    HM Murtuza | Updated at 12:00am on January 05, 2020

    There is no magic solution to the soaring non-performing loans in the country’s banking sector, said Eastern Bank Limited managing director and chief executive officer...

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    India cenbank warns banks’ bad loan to rise again

    Business Desk | Updated at 12:04am on December 29, 2019

    The Reserve Bank of India (RBI) on Friday cautioned that the asset quality of scheduled commercial banks (SCB) may worsen next year owing to changes...

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    Good borrowers should get industrial loans at 9pc interest

    Staff Correspondent | Updated at 10:59pm on December 15, 2019

    The seven-member committee on single-digit lending and deposit rates implementation submitted its report to Bangladesh Bank governor Fazle Kabir recommending a singledigit interest rate...

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    Bangladesh Bank fines BCBL for failure to report on defaulter

    Staff Correspondent | Updated at 12:00am on December 09, 2019

    The Bangladesh Bank has fined Bangladesh Commerce Bank Limited as the bank failed to inform duly the central bank about the loan defaulting status of...

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    Farm loan release rises by 34.53pc in Oct

    Staff Correspondent | Updated at 12:00am on November 23, 2019

    Farm loan disbursement by banks increased for the second consecutive month in October with a 34.53-per cent or Tk 641.73 crore year-on-year increase in the...

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    Bangladesh govt’s bank borrowing shoots up to Tk 43,411cr

    HM Murtuza | Updated at 12:22am on November 22, 2019

    The government’s net borrowing from the banking system skyrocketed to Tk 43,411.13 crore in four and a half months of the fiscal year 2019-20 with...

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    REHAB praises home loan limit hike decision

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on November 21, 2019

    Real Estate and Housing Association of Bangladesh (REHAB) thanked prime minister Sheikh Hasina, the finance minister and the Bangladesh Bank governor for raising the home...

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