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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.

Loans, deposits rise in Islamic banks despite severe liquidity crisis

Increase in Islamic Banks Loans and Deposits : Outstanding loans and deposits both increased in full-fledged 10 local Islamic banks in February this year although six of them have been facing severe liquidity crisis for more than a year.

Legend Holdings owner, wife banned from leaving country

A Chattogram court yesterday banned Legend Holdings owner SM Abdul Hai and his wife from leaving the country for their repeated failures to appear at court hearings.

SIBL gets nod from BSEC to pay 5% stock dividends

On 25 April, the board of directors of the bank declared a total of 10% dividends for 2023, including a 5% cash and a 5% stock, for its shareholders

Deposits drop but loans surge in Islamic banks

Deposits drop but loans surge in Islamic banks
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