banking and financial sectors
Bad loan ratio rises to 9% in 2023
The default loan ratio in the banking sector of Bangladesh rose to 9 percent in 2023 from 8.16 percent a year ago
12 February 2024
Five banks held nearly half of defaulted loans in June last year
Top five banks saw their defaulted loans rise 30% year-on-year to roughly Tk 75,000 crore in April-June of 2023
21 January 2024
Agent banking losing steam with banks opening more sub-branches
Sub-branches are the priority for banks now, replacing agent banking in bringing banking services efficiently to people
3 January 2024
Prompt Corrective Action Framework: a bold move
In a groundbreaking move, BB introduced the prompt corrective action (PCA) framework on December 5 to ensure stability in our commercial banks
19 December 2023
Bancassurance for financial inclusivity
The government's move to approve bancassurance is an opportunity to make insurance more accessible, trustworthy, and understandable.
15 December 2023
Anti-corruption day: Cases filed, but no progress in probes
Several big loan scams in the banking and financial sectors came to the fore in the last decade and the Anti-Corruption Commission (ACC) has done its job by filing cases. But, no progress is apparent.
9 December 2022