The bank attributed the loss to rising interest expenses and continued non-recovery from loan defaulters
The step has been taken for the sake of the depositors' money, according to the order issued by BB
Crisis-ridden National Bank’s financial woes have deepened further, as the bank’s losses increased by a massive 145 percent year-on-year in the first quarter of 2024.
National Bank went from a financially stable bank to a bank marred in irregularities
The Sikder family has apparently lost its grip on National Bank Ltd as Bangladesh Bank has appointed a new board for the country’s first private bank.
After the press conference, the bank officials offered packets with snacks to journalists. However, after taking the packet, journalists noticed that it contained an envelope with Tk 5,000 inside
Bangladesh Bank has dissolved the board of directors of National Bank Ltd, just five months after restructuring it.
The bank’s sponsor director Khalilur Rahman made the new chairman
It made a loss of Tk 1,497 crore in 2023, down from Tk 3,285 crore in 2022
Bangladesh Bank has dissolved the board of directors of National Bank Ltd, just five months after restructuring it.
The bank’s sponsor director Khalilur Rahman made the new chairman
It made a loss of Tk 1,497 crore in 2023, down from Tk 3,285 crore in 2022
A recent rush to withdraw money from the BASIC Bank and National Bank is worsening the situation the troubled institutions are facing.
Former DU Prof Syed Ferhat Anwar is the new National Bank chairman
The National Bank Ltd has postponed its annual general meeting (AGM) for an indefinite period following a status quo order issued by the Supreme Court.
In Jan-Sep, the bank's loss hit Tk 1,123 crore in 2023 from last year's Tk 357 crore
Rick Haque Sikder, a director of National Bank Ltd (NBL) and chairman of R&R Aviation Ltd, has defaulted on repayments of a loan with AB Bank Ltd, which might cost him the directorship if dues are not cleared in two months.
The bank did not take prior approval for re-electing Ron as a director
The Bangladesh Bank has ordered private-run National Bank not to disburse more than Tk 10 crore in loans as the lender is going through uncertainties after the resignation of its Managing Director Md Mehmood Husain.
