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Investigation is my foremost interest

Md Mehedi Hasan

Investigation is my foremost interest

Md Mehedi Hasan, Bangladeshi investigative journalist covering financial crimes especially in banking industry. Currently, working at The Daily Star as senior staff reporter with more than eight years of experience in the field of journalism.

Eric-Robertsen.jpg

Global and energy shocks to weigh on Bangladesh economy

23 April 2026, 00:00 AM
Bangladesh’s economy is facing renewed pressure from global geopolitical tensions and commodity market disruptions, with risks of elevated inflation, slower growth and mounting fiscal strain, according to Eric Robertsen, global head of research and chief strategist at Standard Chartered.
23 April 2026, 00:00 AM
BANK RESOLUTION ACT, 2026.png

Analysis / A dangerous turn in banking reform

15 April 2026, 02:34 AM
A new law allows the architects of Bangladesh’s banking crisis to buy their way back in
15 April 2026, 02:34 AM
BANK RESOLUTION ACT, 2026.png

Bank Resolution Act, 2026: Doors open for ex‑owners to reclaim banks

12 April 2026, 03:21 AM
The newly enacted Bank Resolution Act, 2026, paves the way for former owners to regain control of merging banks under relatively easy terms, a move seen as a reversal of the interim government’s banking reform.
12 April 2026, 03:21 AM
AB bank recovery plan

AB Bank pivots to SMEs amid recovery push

12 April 2026, 00:00 AM
AB Bank has made a decisive strategic shift toward micro, small and medium enterprises (MSMEs), moving away from its earlier concentration in large corporate lending, said Reazul Islam, acting managing director and CEO.
12 April 2026, 00:00 AM
Bangladesh fuel import cost rising

Petroleum import bills surged 52% even before Iran war

10 April 2026, 00:00 AM
Bangladesh’s petroleum import bill soared 52 percent year on year in the July-February period of the current fiscal year, even before the war in the Middle East broke out, raising fears of a heavier eco-nomic impact ahead.
10 April 2026, 00:00 AM
Premier Bank.jpg

Audit uncovers embezzlement of Tk 3,088 crore

9 April 2026, 03:07 AM
An audit has found that Tk 3,088 crore was misappropriated from Premier Bank between 2018 and September 2025 through inflated office rent, misuse of CSR allocations, manipulation of general ledger entries, abuse of procurement processes, and false renovation claims.
9 April 2026, 03:07 AM
S Alam group shuts six factories in Chattogram

11 of top 20 loan defaulters linked to S Alam Group

7 April 2026, 00:20 AM
The top 20 loan defaulters whose names were disclosed yesterday in parliament owe more than Tk 35,000 crore, with the majority of the companies belonging to the controversial S Alam Group.
7 April 2026, 00:20 AM
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Govt bank borrowing surges amid war, interim legacy

2 April 2026, 02:21 AM
Government bank borrowing has risen sharply this fiscal year, a trend that began under the interim administration and has continued under the BNP government amid the US-Israel war on Iran, raising fresh concerns about inflation and fiscal pressures.
2 April 2026, 02:21 AM
us_dollars.jpg

Forex market volatile again on Ramadan import rush, overdue LCs

After a five-month pause, dollar rates have started to rise, prompting the central bank to question the managing directors of 13 banks about the fresh volatility of the greenback.
22 December 2024, 18:00 PM
explanations sought from banks for unusual USD rates

Explanations sought from 13 banks for higher dollar rate

BB issued letters on Dec 19 and the deadline for explanation ends today
22 December 2024, 13:43 PM
First Security Islami Bank loan to Sikder Group

First Security Islami Bank: Almost 90pc of Tk 2,254cr loan to Sikder Group sours

As much as 89.3 percent of the credit extended by First Security Islami Bank, when controlled by the major Awami League beneficiary S Alam Group, to AL-affiliated Sikder Group by violating banking rules and regulations has become defaulted.
19 December 2024, 18:01 PM
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Padma Bank seeks Tk 1,300cr bailout

Problem-ridden Padma Bank has applied to the Bangladesh Bank for Tk 1,300 crore in liquidity support to mitigate its crisis and strengthen its ability to repay depositors.
19 December 2024, 18:00 PM
bad loans in six private banks

Six private banks see bad loans nearly triple in a year

Defaulted loans at six private commercial banks nearly tripled in one year till September 2024, according to central bank data, which bankers term “alarming”.
17 December 2024, 18:00 PM
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Janata allowed to lend more to defaulter Beximco

State-run Janata Bank has been partly exempted from the Bank Companies Act-1991 so that it can lend money to Beximco Group, a loan defaulter. 
14 December 2024, 18:00 PM
Consumer financing slows due to inflation

Consumer financing slows amid economic hardship, uncertainty

Consumer financing has slowed as people are adopting a go-slow strategy for taking loans, considering the increasing trend of interest rates amid ongoing inflationary pressure.
12 December 2024, 18:00 PM
gulshan-avenue.jpg

Banks shun old-time Motijheel for glitzy Gulshan

Motijheel is losing its historic lustre as Dhaka’s commercial hub, with Gulshan, among the wealthiest neighbourhoods in the capital, stealing its thunder.
6 December 2024, 18:00 PM
Janata Bank auctioning AnonTex assets

Janata moves to recover Tk 1,260cr from AnonTex

Janata Bank is set to auction the mortgaged assets of Simran Composite Ltd
5 December 2024, 18:00 PM
Bangladesh Bank reduces cash reserve requirement

FDI data overstated by $5.7b in four years

The Bangladesh Bank overstated the net foreign direct investment data by $5.7 billion between fiscal 2019-20 and 2022-23.
3 December 2024, 18:23 PM
Bangladesh Bank bails out struggling banks

BB reverts to bank bailout despite inflation worries

The Bangladesh Bank (BB) has backtracked on its decision to refrain from injecting fresh funds into crisis-hit banks in its efforts to curb persistent inflation.
28 November 2024, 18:00 PM
Bangladesh forex reserves reach 22 billion

BB’s leniency to blame for ailing banking sector

Banking rules and regulations stipulate a single borrower exposure limit but the banking regulator itself disregarded the rule routinely in the last 16 years.
23 November 2024, 18:00 PM
AB Bank’s financial condition 2024

AB Bank’s health shows no signs of improvement

Once a reputable private commercial lender, AB Bank’s financial health is now deteriorating gradually due to boardroom mismanagement, loan irregularities, illegal facilities availed by its sponsors and inaccurate measures by the central bank.
23 November 2024, 18:00 PM
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Social Islami Bank has no ‘untraceable’ loans

Social Islami Bank PLC stands out among crisis-hit banks with no “untraceable” loans, a factor that will catalyse its swift recovery, according to M Sadiqul Islam, the new chairman of the Shariah-based lender.
20 November 2024, 18:00 PM
Bangladesh Association of Banks New Chairman Abdul Hai Sarker

Bank owners’ forum was useless during AL time

The Bangladesh Association of Banks (BAB), the private bank owners’ forum, will work with the central bank governor and the finance adviser to rejuvenate the banking sector, weakened under 15 years of Awami League rule, said its new chairman Abdul Hai Sarker.
19 November 2024, 18:00 PM
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Defaulted loans may double next year

The defaulted loan figure is set to double as the Bangladesh Bank is set to tighten the classification rules for all types of loans by March next year to meet the International Monetary Fund’s loan conditions.
19 November 2024, 18:00 PM
Bad loans in Bangladesh

Bad loans hit alarming record

Awami League-affiliated businesses had already put the country’s banking sector in trouble with huge bad debts, but the loans disbursed through irregularities to these companies turned sour even at a more alarming pace after the party’s ouster.
17 November 2024, 18:40 PM
Why Banks Fail To Clear LC Payments

Import payment delay a reputational loss for Bangladesh: BB

Despite an overall improvement in foreign currency stocks, some state-run banks and Shariah-based lenders are not making import payments on time, prompting the central bank to issue a notice and warn of punitive actions against bank officials.
12 November 2024, 18:00 PM
Islamic banking to be off limits to regular banks

Islamic banking to be off limits to regular banks

A bank will not be able to do Islamic banking business along with conventional banking at the same time, according to the draft ‘Islami Bank Company Act-2024’, as the central bank looks to level the playing field for Shariah-based banks.
9 November 2024, 18:18 PM
private-sector-credit-growth.jpg

Private credit growth slows to three-year low

Private sector credit growth decelerated to the slowest pace in three years in September due to uncertainty in the investment environment following the recent political changeover.
7 November 2024, 18:00 PM

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