Bangladesh Bank (BB) Governor Dr Atiur Rahman warned Sunday of a bumpy ride on the road to restoring financial stability.

BB report detects granting of politically motivated lending

DHAKA, SEPT 15: The health of the country’s banking sector experienced some sign of deterioration in last year (2012) with rise of non-performing loan, decline in profitability, downgrading of assets and shortfall of provisioning. The view was expressed by the central bank’s Financial Stability R...

Bangladesh Bank (BB) bought another $261 million this month from the open market to take the fiscal year’s tally close to $1 billion, the latest data shows.

Banks’ net profit slumped 40.6 percent to Tk 4,466 crore last year due to stricter provisioning requirements against their default loans, according to a Bangladesh Bank report released yesterday.

A workshop on “Documentation and Mortgage Procedures” organised by Social Islami Bank Limited (SIBL) Training Institute was held at the Corporate Office of the bank recently.

Eastern Bank Limited (EBL) recently signed an agreement with Europcar Bangladesh to offer exclusive complimentary airport pick-up and drop services to its Priority Customers at EBL Head Office in Dhaka.

Bank Asia Limited organised a day-long orientation programme on 'Islamic Banking' at its Corporate Office in Dhaka on Saturday.

Trust Bank Limited opened branch at Kushtia Sadar in Kushtia recently.

The state-owned Janata Bank Limited distributed financial assistance to 22 title holder Freedom Fighters (FFs) for their outstanding contributions in the War of Liberation in 1971 in Barisal.