Janata Bank Faces 61% Loan Defaults Mainly from Beximco and S Alam
Janata Bank is currently in a critical financial situation, with non-performing loans (NPLs) surpassing 61% of its total portfolio. This…
S Alam Sees Singapore Citizenship as Defense Against BB
The S Alam Group, led by its founder and chairman, has warned Bangladesh Bank’s governor of potential international arbitration following…
Union Bank and FSIB Dismiss 456 Employees Over S Alam Connections
Union Bank terminated 262 trainee officers on November 17, with its board citing cost reduction as the reason. Allegations suggest…
BB Ensures Continuity for S Alam and Beximco Operations
Bangladesh Bank (BB) Governor announced that the central bank would take legal action against individuals, such as the chairman and…
IBBL to Sell S Alam Group Shares to Recover Tk 10,000 Crore
Islami Bank Bangladesh plans to sell the S Alam Group’s shares to recover Tk 10,000 crore of unpaid dues, a…