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The Supreme Court today stayed till March 18 a High Court verdict that sentenced four high officials of Agrani Bank, including its managing director, to three months' civil imprisonment on charges of violating its (HC) order of status quo regarding sending the name of Moon Group as a loan defaulter to Bangladesh Bank.
Janata Bank has failed to meet any of its performance improvement targets set by the central bank in the first half of the year a worrying development given that the state bank accounts for the second-highest volume of deposits and loans among the 61 scheduled lenders in Bangladesh.
Agrani Bank PLC on Monday launched an initiative styled “75-day Loan Recovery Programme” aimed at reducing classified loans and ensuring prompt loan recovery.