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State banks default loans rise 42% in a year

In line with the prescriptions of the International Monetary Fund (IMF) for a $4.7 billion loan programme, the target is to reduce bad loans of state-run banks to 10 percent of their outstanding loans by 2026.

Sonali bankAgrani bankInternational monetary fundRupali bankBangladesh development bankBangladesh bankJanata bank

Banking reforms remain a pipe dream

As new finance minister Abul Hassan Mahmood Ali gears up to place his first budget for FY25, the lack of good governance in the banking sector remains a widely discussed issue.

Abul maal abdul muhithAbul hassan mahmood aliFahmida khatunMohammad shah alam sarwarMustafa kamalSonali bankUnion bankIslami bank bangladeshIslami bankPadma bankBangladesh bankFirst security islami bankNational bankJanata bankIslamic bankGlobal islami bank

AnonTex allowed to sell mortgaged property to pay Janata Bank s loans

AnonTex allowed to sell mortgaged property to pay Janata Bank s loans
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Abdul jabbarJanata bankAnontex groupAnontex group juvenile sweaterJuvenile sweater

Janata Bank s 57pc bad loans taken by 7 firms

Janata Bank s 57pc bad loans taken by 7 firms
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Bangladesh generalMahfuzur rahmanAbdul jabbarSikder group tkRanka group tkBangladesh petroleum corporationS alam group at tkThermax group tkBangladesh agricultural development corporationAnontex groupS alam groupRatanpur group at tkBangladesh chemical industries corporationOrion groupBangladesh bankCrescent group at tk

A temporary tax cut can be a boost

A temporary tax cut can be a boost
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Kanti kumar sahaWorld bankMidland bankBangladesh bankAlliance financeWoori bankJanata bankUnited commercial bankMutual trust bankBank financial institutionSonali bankKanti kumarExecutive officerNon performing loanFinance company actIndependent directors