Failure to recover loans from defaulters caused the rise in losses 

Robust investment gains and rising commissions led to a jump in profit

It is the lowest expansion in the four quarters of 2023-24 fiscal year

The bank also made a profit of Tk  49.80 crore in the January to September period, posting a 16 percent increase year-on-year

The decline in NOCFPS was primarily due to increased investments in customers and a fall in deposits

“This is the largest, most significant bank robbery by any international standard,” he said

The bank also saw improved cash flow from core operations 

Higher investment income and lower expenses drive the bank’s profit growth

Transactions in bank accounts of 14 members of the family will remain blocked for 30 days

This is the 11th time since May 2022 the BB hiked the repo rate to make money expensive for banks and tame demand to curb inflation.

The new measure will be effective from November 1 this year

Bangladesh’s foreign exchange reserves are gradually increasing and stabilising, says Bangladesh Bank (BB) Governor Dr Ahsan H Mansur.

Profit rose thanks to strong investment and interest income

Bangladesh Bank on Thursday removed NCC Bank Chairman M Abul Bashar and Director Md Abdul Awal after they were declared loan defaulters at Bank Asia.

The company’s managing director says today

The meetings will take place in between October 21 and October 26 

NCC Bank  plans to appeal the decision and seek a review 

Retired Major General Md Anwarul Islam made new chairman of the company

Global Islami Bank (GIB) recently signed an agreement on financing in dairy, poultry and fishing projects in the area of Kishoreganj with the Society for Family Happiness & Prosperity (FHP), a microcredit financial institution.

Transactions in their personal and business accounts will also remain suspended for 30 days