Distressed Bank Assets Surge to Tk 4.87 Lakh Crore
Distressed assets in Bangladesh’s banking sector surged to Tk 4.87 lakh crore by the end of 2023, up from Tk…
Southeast Bank Gets New Chairman After 20 Years
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Southeast Bank Gets New Chairman After 20 Years
After 20 years, Alamgir Kabir’s tenure as chairman of Southeast Bank ended with the election of M A Kashem as…
86% of Global Islami Bank Loans Taken by S Alam Group
S Alam Group and its affiliates account for over 86% of the disbursed loans of Global Islami Bank (GIB), totaling…
86% of Global Islami Bank Loans Taken by S Alam Group
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86% of Global Islami Bank Loans Taken by S Alam Group
S Alam Group and its affiliates account for over 86% of the disbursed loans of Global Islami Bank (GIB), totaling…
BB Increases Fund for Marginalised Communities to Tk 750 Crore
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BB Increases Fund for Marginalised Communities to Tk 750 Crore
The Bangladesh Bank (BB) has expanded its refinancing fund for marginalised communities to Tk 750 crore, up from Tk 500…
Gross Non-Performing Loans in Islamic Banks Hit 4.8%
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Gross Non-Performing Loans in Islamic Banks Hit 4.8%
In 2023, Bangladesh’s Islamic banks saw a rise in gross non-performing loans (GNPL) to 4.8% of total investments, up from…