S Alam Group Secures Tk 95,331 Crore in Loans from Six Banks
S Alam Group and its affiliates secured Tk 95,331 crore in loans from six banks between 2017 and June 2024,…
S Alam Group Secures Tk 95,331 Crore in Loans from Six Banks
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BB Curbs Lending by Six S Alam-Linked Banks
The central bank has imposed lending restrictions on six Islamic banks associated with S Alam Group amid allegations of misconduct….
BB Curbs Lending by Six S Alam-Linked Banks
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Current Account Deficit Hits Tk 14,621 Crore for Six Banks
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Current Account Deficit Hits Tk 14,621 Crore for Six Banks
Despite receiving special liquidity support from the Bangladesh Bank (BB), six banks, including four Shariah-based institutions, are facing significant current…
Five S Alam-Controlled Banks at Risk of Crisis
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Five S Alam-Controlled Banks at Risk of Crisis
S Alam Group has reportedly exploited six banks, including Islami Bank, Social Islami Bank, and Global Islami Bank, resulting in…
ADR of Six Shariah-Based Banks Hits 99%
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ADR of Six Shariah-Based Banks Hits 99%
A central bank report reveals that the liquidity situation of six Shariah-based banks has deteriorated further. These banks have issued…