Banking Sector

Govt’s overreliance on banking sector will create disorder in financial sector

The government’s overdependence on the banking sector to finance its budget deficit will affect the financial sector as well as hurt private sector investment and employment generation, according to experts.

FY2024-25 budget / What’s in the new budget?

The FY 2024-25 budget falls short of assessing the depth of the economically challenging time.

Nine banks were in BB ‘red zone’

Nine banks, including four state-run ones, were in the “red zone”, meaning their financial health was fragile,

Climate funds perpetually stuck in a scam-ridden bank

How long till Farmers Bank pays back what’s due?

Take action against big loan defaulters

Appellate Division’s observation on defaulted loans is right on the mark

Bank Company (Amendment) Act, 2023 / Will it do more harm than good?

It seems there exists a nexus among the policymakers, bank directors, and defaulters which facilitates the process of swindling depositors’ money.

Monetary policy has been set free... but not really

While the government’s latest monetary policy for the first half of fiscal year 2023-24 shows an attempt to be rational for the market, it lacks vigour to solve inflation and the dollar crisis.

Bangladesh's bumpy digital finance voyage

In the ever-evolving realm of global finance, the transition towards cashless societies has emerged as a transformative force, unlocking a myriad of benefits for nations embracing digital currencies.

Banking sector needs comprehensive reforms: ADB

Bangladesh’s banking sector now requires comprehensive reforms for the financial sector to become strong enough to augment a transition to an upper middle-income country by 2031, said Edimon Ginting, country director of Asian Development Bank (ADB), yesterday. 

June 11, 2024
June 11, 2024

Govt’s overreliance on banking sector will create disorder in financial sector

The government’s overdependence on the banking sector to finance its budget deficit will affect the financial sector as well as hurt private sector investment and employment generation, according to experts.

June 7, 2024
June 7, 2024

What’s in the new budget?

The FY 2024-25 budget falls short of assessing the depth of the economically challenging time.

March 10, 2024
March 10, 2024

Nine banks were in BB ‘red zone’

Nine banks, including four state-run ones, were in the “red zone”, meaning their financial health was fragile,

September 22, 2023
September 22, 2023

Climate funds perpetually stuck in a scam-ridden bank

How long till Farmers Bank pays back what’s due?

August 2, 2023
August 2, 2023

Take action against big loan defaulters

Appellate Division’s observation on defaulted loans is right on the mark

July 10, 2023
July 10, 2023

Will it do more harm than good?

It seems there exists a nexus among the policymakers, bank directors, and defaulters which facilitates the process of swindling depositors’ money.

June 21, 2023
June 21, 2023

Monetary policy has been set free... but not really

While the government’s latest monetary policy for the first half of fiscal year 2023-24 shows an attempt to be rational for the market, it lacks vigour to solve inflation and the dollar crisis.

June 14, 2023
June 14, 2023

Bangladesh's bumpy digital finance voyage

In the ever-evolving realm of global finance, the transition towards cashless societies has emerged as a transformative force, unlocking a myriad of benefits for nations embracing digital currencies.

January 30, 2023
January 30, 2023

Banking sector needs comprehensive reforms: ADB

Bangladesh’s banking sector now requires comprehensive reforms for the financial sector to become strong enough to augment a transition to an upper middle-income country by 2031, said Edimon Ginting, country director of Asian Development Bank (ADB), yesterday. 

December 18, 2022
December 18, 2022

Bangladesh Bank looked away as tycoons borrowed at will from 2 banks

On edge -- is what best describes the sensation surrounding the banking sector. But the Bangladesh Bank higher-ups were warned as early as October 2021 that such a situation might transpire. Yet, no definitive action was taken then.

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