AKM Zamir Uddin

Most of the private banks saw their operating profits edge up in the first half of the year despite the ongoing liquidity crisis and a

Six of the eight state banks faced capital shortfall in the first quarter of the year, a development that shoves the government under the

Despite rescheduling huge amount of loans, the default loans of Islami Bank Bangladesh Ltd (IBBL) more than doubled to Tk 6,916

Bangladesh’s current account deficit continues to pose risks to macroeconomic stability despite its 35 percent fall in the first 10

The cost for issuing new credit and debit cards will balloon 3-6 times after the government imposed fresh duty on the imported items,

Banks have sought to be excused from the government’s plan to introduce 15 percent tax on stock dividend and retained earnings

Rejaul Karim, a college teacher by profession, took a personal loan of Tk 6 lakh at 9.50 percent interest from a private commercial bank in 2015 to tackle some family emergencies.

Default loans in state-run commercial banks soared 10.64 percent, or Tk 5,184 crore, in the first quarter of the year -- in the

The government should go for massive reforms to salvage the ailing banking system or else the contagion will batter the entire financial sector, analysts said.

Defaulted loans soared to Tk 110,874 crore as of March this year, the highest ever in the country.

The continued slowdown in deposit growth can go on to raise concerns of stability of the banking sector, said a Bangladesh Bank report -- in a pressing call to the government to cut down the interest rate on national savings certificates.

At a time when most lenders are battling liquidity crisis, rising default loans and poor governance, Eastern Bank Limited (EBL) is sitting pretty by all accounts.

Banks should be the only ones setting the interest rates as they offer loans at rates that are based on factors like cost of funds, credit worthiness of a customer and the prevailing market condition, said AKM Shaheed Reza, chairman of Mercantile Bank.

Private sector credit growth sank to a 56-month low of 12.07 percent in April on the back of the ongoing liquidity crunch in the banking sector, in an ominous development that stands to slow down the economy’s tremendous growth momentum.

The central bank yesterday injected Tk 2,300 crore into the money market to ease liquidity crunch in the banking sector amid the cash withdrawal spree in the lead up to Eid.

People do not need banks but they need banking, Microsoft founder Bill Gates said 30 years ago. And it appears he was on to

The Bangladesh Financial Intelligence Unit (BFIU) yesterday instructed mobile financial service (MFS) providers to inform it of suspicious transactions with a view to reining in “digital hundi” ahead of Eid-ul-Fitr.

The government has all on a sudden stepped up its borrowing from the banking system from this month as its revenue collection fell short of expectations, sending the cash-strapped banks into a state of panic. Until the end of April, the government did not borrow from banks

The country has to count more than Tk 9,000 crore a year because of its heavy dependence on cash, necessity to move towards a cashless society. The maintenance cost of the printed money is nearly 0.50 percent of the country’s GDP, Central bank report styled ‘Reducing the Cash Transaction’.

Banks and financial organisations sent a record number of suspicious transaction and activities reports to the Bangladesh Financial