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BB bypasses own rules in appointing IFIC Bank adviser

The Bangladesh Bank has bypassed its own rules by approving the appointment of Mohammad Shah Alam Sarwar as the strategic adviser of IFIC Bank PLC. ....

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National Bank broke rules to reschedule MP aspirant's loan

National Bank delivered false information into the Bangladesh Bank’s credit information bureau database to hide the default loans of one of its clients, said a Bangladesh Bank letter. ....

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How National Bank went astray

National Bank, the country’s first private sector bank with a prosperous past, became a losing concern due to massive loan irregularities, lack of good governance and conflict among directors. ....

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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. ....

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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. ....

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