198 news articles tagged with "Banking Sector"
Citizens Bank PLC has signed a participation agreement with Bangladesh Bank under the Tk 5,000 crore revolving refinance fund, extending 9% interest working capital to CMSME borrowers.
Bangladesh remittance dollar rate falls by Tk 1 in a week to Tk 122.70 (down from Tk 123.60-123.70). Banks NOP long positions near upper limit. $1.5B remittances in first 12 days of August. BB may intervene to protect rate floor at Tk 122.20.
Bangladesh Bank launched 18-month action plan to tackle NPLs. Governor: 36% of loans non-performing. 2 crore depositors affected. Plan aims to reduce NPLs and stabilise banking sector.
S&P Global has revised its long-term outlook on Bangladesh to negative from stable, citing persistent weakness in the domestic banking sector, fiscal constraints, and elevated risks from volatile global energy markets. The agency projected annual GDP growth to average 4.5 percent over the next three years, well below the government's recent growth targets.
Bangladesh Bank loans tied up under court stay orders jumped eightfold to Tk 182,419 crore by end-2025, with the number of cases rising from 226 to 845 in three years. Bankers and CPD warn of strategic defaulters exploiting legal loopholes to block recovery.
Bangladesh Bank reports full-fledged Islamic banks NPL ratio surged to 58.4% in March 2026 from 29.2% a year earlier, while fourth-generation banks hit 52.2%. ADRs of 120.3% for Islamic banks and 101.6% for 4th-gen banks raise systemic risk warnings.
Experts at an MCCI-PEB roundtable warned that 75-80% of Bangladesh bank lending flows to corporates, leaving SMEs underserved. BRAC Bank's Syed Abdul Momen cited data showing unsecured SME loans (2% NPL) outperform collateral-backed loans (7% NPL), challenging collateral-focused lending culture.
Bangladesh plans to process foreign investors' profit repatriation applications within 30 days and scrap auditor certificate requirements for NITA proceeds, part of a wide-ranging reform package to restore investor confidence.
A Strategic Conclave of Dutch-Bangla Bank with the Rajshahi and Rangpur Regions was held at a local hotel in Bogura on October 16, 2026 in honour of regional managers and clients.
Bangladesh's banking sector needs stronger board-level oversight, independent chief risk officers (CROs) and credible asset-quality management to ensure financial stability, experts said at a BIBM seminar.
DBH Finance PLC reported a net profit after tax of Tk 80.77 crore, up 9 percent from Tk 74.38 crore in the corresponding period of the previous year, despite treasury market pressure.
Prime Bank PLC has signed a memorandum of understanding (MoU) with SIMEC Foundation to launch Building Better Citizens in Bangladesh, an academic programme for students.