News

Banking News - Get updated with hot and latest banking news and events in Bangladesh. We believe it is helpful for all bankers, people related to the banking sector as well as for those who follow the banking sector in Bangladesh.

Two independent directors of Islami Bank resign

Posted by BankInfo on Sat, May 27 2017 04:39 am
Immediate-past vice chairman of Islami Bank Bangladesh Ltd Syed Ahsanul Alam resigned as independent director of the bank on Thursday, two days after he was relieved of his vice chairman post.

State banks to get Tk 1,700cr to plug capital shortfall

Posted by BankInfo on Fri, May 26 2017 09:28 am
The government will keep an allocation in next year's budget to meet state banks' capital deficit in continuation of a years-long trend to go easy on the financial institutions for their irresponsible lending practices.

Excel Dyeing rushes to buy 3.20cr shares of Islami Bank

Posted by BankInfo on Fri, May 26 2017 09:13 am
Little-known Chittagong-based Excel Dyeing and Printing has completed its purchase of 3.20 crore shares of Islami Bank worth about Tk 100 crore over the past two days, well ahead of its announced timeframe.

Islami Bank crisis deepens as two directors quit

Posted by BankInfo on Fri, May 26 2017 09:04 am
Two independent directors of Islami Bank Bangladesh Ltd (IBBL) resigned from the board yesterday, two days after they were removed from their executive posts.

Banks not prepared against cyber attacks

Posted by BankInfo on Fri, May 26 2017 08:31 am
The commercial banks in Bangladesh lack the capacity to defend against cyber attacks due to shortage of skilled manpower and logistics, according to experts.

Ahsanul, Mabud resign as IBBL directors

Posted by BankInfo on Fri, May 26 2017 08:24 am
Syed Ahsanul Alam and Abdul Mabud resigned as directors of the Islami Bank Bangladesh Limited (IBBL) on Thursday.

What’s going on at the Islami Bank?

Posted by BankInfo on Fri, May 26 2017 08:08 am
Starting with the abrupt resignation of its top three officials – the chairman,

Offshore banking units’ NPLs rise fourfold in Q1

Posted by BankInfo on Fri, May 26 2017 07:43 am
The amount of classified loans of offshore banking units (OBUs) of different banks swelled more than four times or Tk 3.08 billion in the first quarter (Q1) of the current calendar year.
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