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Padma Bank to turn institutional deposits into preference shares

In a rare move, Padma Bank PLC is going to convert institutional deposits into preference shares and provide them to customers seeking to withdraw funds, exposing how deeper its liquidity crisis is.

Six private banks bad loans soar 55pc in nine months

Bad loans in six private banks increased by about 55 percent in the first nine months of the year, raising further alarms about the health of the banking sector.

Private Banks Bad Credit: Six lenders account for one-third of defaulted loans

About one-third of the private banks’ defaulted loans at the end of September are concentrated with six banks, raising further alarms about the health of the banking sector.

Cutlass attack at La Romaine bar leaves man hospitalised - Trinidad and Tobago Newsday

Cutlass attack at La Romaine bar leaves man hospitalised - Trinidad and Tobago Newsday
newsday.co.tt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.co.tt Daily Mail and Mail on Sunday newspapers.

Climate fund stuck in Farmers Bank

The Bangladesh Climate Change Trust was supposed to get back in 2016 the Tk 538 crore, plus the accumulated interest, it deposited with the then Farmers Bank. However, it has so far received just Tk 74 crore after around seven years.

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