SBAC Bank’s Profit Jumps by 41%
SBAC Bank PLC reported a 41% year-on-year increase in profit to Tk 19.78 crore in the first quarter of 2024,…
Bangladesh Bank Sets Tk 1 Surcharge Limit for Money Changers
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Bangladesh Bank Sets 1% Recovery Target for Defaulted Loans via ADR
The Bangladesh Bank has instructed banks to recover defaulted loans using Alternative Dispute Resolution (ADR) instead of litigation. By June…
Bangladesh Bank Sets 1% Recovery Target for Defaulted Loans via ADR
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Political Influence and Governance Challenges Dent State Banks’ Profits
Foreign multinational banks in Bangladesh, with fewer branches but higher profits, contrast sharply with struggling state-run lenders despite wider networks….
Political Influence and Governance Challenges Dent State Banks’ Profits
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Internet Banking Transactions Surge by 219.39%
Internet banking in Bangladesh has experienced a remarkable surge, with transactions soaring by 219.39% over the past year, reaching Tk…
Internet Banking Transactions Surge by 219.39%
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Banks Facing Liquidity Shortages Amidst Rising Default Loans
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Banks Facing Liquidity Shortages Amidst Rising Default Loans
Twelve banks in Bangladesh reported negative net operating cash flow per share (NOCFPS) in the March quarter, indicating liquidity crises….