Defaulted Loans in Offshore Banking Units Surged by 33.88%
Bangladesh’s banking sector is grappling with a significant rise in default loans, despite efforts by Bangladesh Bank to curb them….
Defaulted Loans in Offshore Banking Units Surged by 33.88%
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Janata Bank Officials Involved in 250 Crore Loan Embezzlement
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Janata Bank Officials Involved in 250 Crore Loan Embezzlement
A loan of 250 crores taken on a trust basis (LTR) was embezzled from Janata Bank with the involvement of…
BB Revises Qualifications for Independent Directors in Banks
The central bank has revised regulations for appointing independent directors in banks. A Bachelor’s or Master’s degree in specific subjects…
BB Revises Qualifications for Independent Directors in Banks
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Sonali Bank Doubles Small Business Loan Rates to 16%
Sonali Bank has raised its interest rate on loans for small-scale businesses from 7 percent to over 16 percent as…
Sonali Bank Doubles Small Business Loan Rates to 16%
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ONE Bank’s Profit Surges by 242%
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ONE Bank’s Profit Surges by 242%
ONE Bank announced a 242% increase in profits for the first half of 2024, owing to increasing investment and interest…