banking system

The Bangladeshi model of dealing with bank crises

The growth of bad loans is mainly due to the business-politics nexus, lack of corporate governance, and weak judicial system

Massive theft in banking sector: Muhith

Finance Minister AMA Muhith admits in Parliament that there are some irregularities in the banking sector and it is massive at times.

$34M of stolen BB fund can still be recovered: Philippines Senate chief

The government can recover 40 percent, or about $34 million, of the $81 million stolen by hackers from Bangladesh’s central bank and laundered through the Philippine banking system, the country’s Senate President Pro Tempore Ralph Recto says.

Tk 1.9 crore stolen from Janata Bank

An executive of Janata Bank embezzled Tk 1.9 crore from interest on fixed deposits with the state-run bank in yet another incident of financial crime in the country's banking system.

MACRO MIRROR / Loan default and flaunting money

Recently, in Davos at the World Economic Forum, the Governor of the Reserve Bank of India, Raghuram Rajan sent a strong message to the Indian businessmen who default thousands of crores of bank money...