Separate letters confirmed that the government had approved the cancellation of the unexpired contractual terms of the managing directors of Agrani Bank, Md Anwarul Islam; BDBL, Md Jashim Uddin; and BASIC Bank, Md Kamruzzaman Khan

Say NBR officials

As a key outcome, recommendations were made for Agrani Bank to strengthen its risk management strategies

Once a reputable state-run commercial lender, Agrani Bank saw its financial health deteriorate fast over the past five years, mainly due to massive lending to politically backed businesses, mismanagement by the board and fallouts of Covid-19.

Orion Pharma Ltd, a pharmaceutical company of Orion Group, has been provided a rescheduling facility on a forced/demand loan by state-run Agrani Bank with special approval from the Bangladesh Bank.

State-run bank Agrani Bank Ltd decided to discard 50 years of its footballing heritage, saying in a letter that its club, Agrani Bank Ltd SC, would not be involved in any tournaments organised by the Bangladesh Football Federation due to cost-cutting measures.

The principal branch of Agrani Bank, located on the ground floor of its headquarters in Dhaka’s Motijheel, has been locked down after one of the employees tested positive for the novel coronavirus.

Only 7 percent of the fresh loans given by Agrani Bank in the last three years had defaulted as the government's move to appoint more

Seven months after the government announced a Tk 2,000 crore “recapitalisation” of state-owned banks, the financial institutions have started asking for fresh money from the government. This time their demand is much higher -- a little over Tk 20,000 crore -- than what they were given in the budget for this year.

A parliamentary body is formed a three-member sub-committee to give recommendations on a Bangladesh Bank report that got huge irregularities in giving loans from the state-run Agrani Bank.

The recruitment test of Agrani Bank’s senior officer post scheduled to be held this afternoon is postponed amid an allegation of the question paper leak.

A Chittagong court sentences three bankers and a businessman to 20 years’ imprisonment each in four cases filed 28 years ago over money embezzlement.

There were 1.14 lakh bank accounts having over Tk 1 crore each in the all of the country’s commercial banks in 2015, says finance minister AMA Muhith.

The central bank appoints four observers to the boards of four state-owned commercial banks.

Krishak Sramik Janata League President Abdul Kader Siddique claims that state-run Agrani Bank made him a loan defaulter with tricks to have his nomination paper filed for contesting Tangail-4 by-polls cancelled.