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    Government must shore up issues to save the banking sector

    | Updated at 12:00am on October 20, 2020

    RISING non-performing loan and a slowdown in the private-sector credit growth have come to dog the banking sector of the country. A lack of good...

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    Banking sector in Bangladesh under severe stress

    Shakhawat Hossain | Updated at 12:05am on October 19, 2020

    The banking sector performance has come under severs stress over the five years since 2015–16 because of the rising non-performing loan and a slowdown in...

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    SIBL hosts third quarter business conference

    Staff Correspondent | Updated at 08:10pm on October 18, 2020

    Social Islami Bank Limited arranged a two-day virtual business conference of the 3rd quarter of 2020 to evaluate the business position of the bank recently....

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    Amount of money outside banks rises by Tk 54,401cr in Jan-July

    HM Murtuza | Updated at 11:36pm on October 12, 2020

    The amount of money outside the country’s banking system surged by Tk 54,400.8 crore in the January-July period this year as a section of people preferred...

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    MFS transactions decline by 34.3pc in August

    Staff Correspondent | Updated at 10:56pm on October 04, 2020

    Transactions through mobile financial services in the country plunged by 34.3 per cent or Tk 21,595.6 crore in August after reaching an all-time high in July...

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    StanChart to issue Tk 8.50b zero coupon bond

    Staff Correspondent | Updated at 06:09pm on October 03, 2020

    Standard Chartered Bangladesh has received all the regulatory approvals to issue the Tk 8.50 billion zero coupon bond, said a press release issued on Saturday....

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    Government prioritises businesses over banks

    Staff Correspondent | Updated at 12:03am on October 01, 2020

    Finance minister AHM Mustafa Kamal on Wednesday said that the government was now giving priority to businesses over the banking sector amid the lingering COVID-19...

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    EBL launches UnionPay debit, prepaid cards

    Staff Correspondent | Updated at 08:11pm on September 26, 2020

    The Eastern Bank Limited has launched dual currency Unionpay debit and prepaid cards. Cardholders can endorse up to USD $12,000 yearly travel quota limit to...

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    Bank job market hit hard by COVID-19

    HM Murtuza | Updated at 11:35pm on September 10, 2020

    Employment opportunities in the country’s banking sector was hit hard in the first half of this year as the sector created only 80 new jobs...

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    High default loans in SCBs worrying

    | Updated at 12:00am on September 08, 2020

    THE state-owned commercial banks having Tk 41,583 crore as loans in default, against the total default loans of Tk 96,116 crore in the country’s banking...