The Anti-Corruption Commission (ACC) will file six appeals with the Supreme Court challenging the High Court verdict that granted bail to Fazlus Sobhan, former deputy managing director of BASIC Bank, in six loan-scam cases.

Eight state-run banks accounted for more than half of the Tk 88,589 crore default loans in the banking sector at the end of the first quarter of 2018 as their unbridled indiscipline continues to weigh down the entire industry.

Bangladesh Bank has failed to cool down the volatility in the foreign exchange market despite an injection of more than $2.30 billion so far in fiscal 2017-18.

Nothing budges Finance Minister AMA Muhith after yesterday’s spree of attacks as he kept from commenting over the banking sector at parliament today.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) demands stern punishment for the people involved in in misappropriating money from the country's banks.

One Bank has recently witnessed the reelection of its chairman, Sayeed H Chowdhury, vice president, Asoke Das Gupta, and chairman of its executive committee, Zahur Ullah.

Azam J Chowdhury has recently been re-elected as the chairman of Prime Bank for a two-year term.

Shariah-based banks secured as much as 22.31 percent credit growth last year, way higher than the whole banking industry's average of 18.66 percent, a survey found.

Twelve banks faced a provisioning shortfall of Tk 10,596 crore in the first three months of the year, a development that will compel banks to hike their interest rate on lending to ensure net profits.

BASIC Bank's former chairman Sheikh Abdul Hye Bacchu is being interrogated by Anti-Corruption Commission (ACC) over loan scams worth Tk 4,500 crore.

The rising interest rate will put the brakes on the runaway private sector credit growth this year as entrepreneurs will be reluctant to take on high-cost funds, said a top banker.

Abdus Samad and Mohammed Abdus Salam have recently been reelected as the chairman and vice chairman of Al-Arafah Islami Bank respectively for a two-year term.

The banking sector faces an acute crisis of ethical leaders, resulting in a rise in default loans, violation of codes of conduct, fraudulence and a decline in profitability, a survey found.

Interest waivers against bad loans more than doubled to Tk 1,753 crore in 2017, with National Bank alone accounting for 37.13 percent of the sum.

The Asian Development Bank has called for government investment to scale up sustainable agriculture insurance in Bangladesh.

BASIC Bank's former chairman Sheikh Abdul Hye Bacchu skips quizzing by Anti-Corruption Commission (ACC) over the loan scams involving around Tk 4,500 crore.

Private sector credit growth finally hit the brakes in March on the back of the central bank's efforts to curb aggressive lending by banks.

Ibn Sina Trust, one of the sponsor shareholders of Islami Bank Bangladesh, is set to sell off its entire 2.24 percent stake in the bank within the next 30 days.

Mosharraf Hussain has been elected the chairman of Jamuna Bank.

Misuse of funds and rising exchange rate are pushing many short-term foreign loans into the overdue territory and in so doing posing a concern for the economy, analysts said yesterday.