Bank News
-
Decline in savings downs investment
Each month, Ayesha Amin, a housewife, aims to put Tk 5,000 of the money her husband hands over to her...
-
NGOs charge 25pc interest for farm loans
The interest rate on more than one-third of farm loans banks disbursed through non-governmental organisations in fiscal 2018-19 was as...
-
HC questions legality of BB circular giving facilities to loan defaulters
The High Court on Tuesday issued a rule asking authorities concerned to inform it within 10 days why the Bangladesh...
-
NPL at state banks didn’t rise: Kamal
Finance Minister AHM Mustafa Kamal yesterday said he delivered on his promises he made six months ago that the non-performing...
-
Rejoinder, our reply
Social Islami Bank Ltd (SIBL) has sent a rejoinder to a July 17 report of The Daily Star with the...
-
Strong financial sector key to sustainable growth
BANGLADESH should put emphasis on building a strong financial sector in order to ensure macroeconomic stability, increase efficiency and liquidity...
-
Mixed earnings at large US banks as Fed rate cut looms
JPMorgan Chase reported record quarterly profits on Tuesday behind strong consumer businesses, but shares were volatile amid worries over expected...
-
Record loan rescheduling at Social Islami Bank
Social Islami Bank rescheduled a record amount of loans in the first quarter of 2019 and yet failed to arrest...
-
Double duty power bank
It is difficult to get terribly excited about unsexy workhorses like power banks. They are mundane, but essential accessories for...
-
Adcomm celebrates 45th anniversary
Advertising agency Adcomm recently celebrated its 45th anniversary at its head office in Dhaka with its chairman, Geeteara Safiya Choudhury,...
-
Liquidator appointed for People’s Leasing
The High Court yesterday gave the go-ahead to the central bank to appoint a liquidator for People’s Leasing and Financial...
-
Dhaka Bank sets sights on digital transformation
Dhaka Bank is increasingly embracing digital transformation to serve its clients better as tech-savvy customers expect advanced services and products,...
-
Worries among 15 banks, NBFIs over Tk 850cr deposit
Some 15 banks and non-bank financial institutions (NBFI) that have Tk 850 crore stuck with People’s Leasing Financial Services (PLFS)...
-
Current account deficit narrows 40pc
A massive decline in import and an inflow of record remittance have helped narrow the current account deficit by 40...
-
People’s Leasing faces liquidation
The government has directed the central bank to liquidate People’s Leasing and Financial Services (PLFS), a non-bank financial institution, due...
-
Deutsche Bank to slash 18,000 jobs in sweeping restructuring
Germany's struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in...