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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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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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BB sits with Padma Bank, SBAC CEOs

The Bangladesh Bank yesterday sat with the managing directors of Padma Bank and South Bangla Agriculture and Commerce (SBAC) Bank to know about the reasons for the reported resignation. ....

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SBAC Bank MD resigns

Habibur Rahman, managing director and CEO of South Bangla Agriculture and Commerce (SBAC) Bank, has resigned from his post citing personal reasons. ....

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Padma Bank MD resigns

Tarek Reaz Khan, managing director of the embattled Padma Bank, has resigned from his post citing personal reasons. ....

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