Tag: IFIC Bank

11 news articles tagged with "IFIC Bank"

Economy & Finance ★ Editor's Pick Sep 09, 2026

26,000 Sammilito Islami Bank Customers Withdraw Tk 1,040 Crore in 3 Days

26,056 Sammilito Islami Bank customers withdrew Tk1,040cr in 3 days (7-9 Sept). 58,745 applied for Tk3,304cr total. 31.5% paid so far. Bank continues receiving fresh deposits of Tk141-195cr per day.

Policy & Regulation ★ Editor's Pick Sep 09, 2026

Bangladesh Repeals Bank Resolution Act Provision Allowing Former Directors Return

Bangladesh Parliament repealed Section 18A of Bank Resolution Act, which allowed former bank owners to buy back ownership at 7.5% upfront. No applications received since enactment. Finance Minister Khosru moved the amendment.

RMG & Textile ★ Editor's Pick Sep 09, 2026

Keya Group Lays Off 613 Workers at Four Gazipur Factories Amid Banking, Gas Crises

Keya Group laid off 613 workers at four Gazipur factories citing banking complications, gas supply disconnection and excess workforce. Workers receive dues within 30 working days under Section 20 of Bangladesh Labour Act 2006.

Economy & Finance ★ Editor's Pick Sep 08, 2026

Sammilito Islami Bank Returns Tk 2.5 Billion to 6,000 Customers on First Day

Sammilito Islami Bank returned Tk 2.5 billion to 6,000 customers on first day of deposit returns. 74,000 depositors applied to withdraw Tk 39.25 billion. BB allocated Tk 5,000 crore to support the process.

Policy & Regulation ★ Editor's Pick Sep 06, 2026

Economy Cannot Function by Shutting Down Companies: Finance Minister Amir Khosru

Finance Minister Amir Khosru told Parliament the economy must run on law, not emotion, defending Bangladesh Bank's decision to allow S. Alam Group companies to continue operations while owners face trial.

Economy & Finance ★ Editor's Pick Sep 06, 2026

Sammilito Islami Bank Readies Tk5,000cr as Withdrawal Hits Tk4,000cr in 4 Days

Sammilito Islamic Bank readies Tk5,000 crore to refund depositors as 74,221 customers apply to withdraw Tk3,925 crore in 4 days — far below expectations, signalling customer trust.

Economy & Finance ★ Editor's Pick Sep 06, 2026

Six Bangladesh State Banks Pile Up Tk 1.47 Trillion in Bad Loans: Finance Minister

Bangladesh's six state-owned commercial banks accumulated Tk 1.47 trillion in non-performing loans as of June 30, 2026, Finance Minister Amir Khosru Mahmud Chowdhury disclosed in Parliament.

Economy & Finance ★ Editor's Pick Sep 06, 2026

Janata Bank Carries Bulk of Bangladesh State Banks' Tk 75,397 Crore Bad Loans

Janata Bank holds Tk 75,396.67 crore in bad loans — over half of all six state banks' NPLs — with Beximco alone accounting for Tk 25,000 crore of the bank's exposure.

Economy & Finance ★ Editor's Pick Sep 05, 2026

Tk 2.06 Trillion Stuck in 138,686 Cases at 20 Bangladesh State-Run Banks

Tk 2.06 trillion stuck in 138,686 loan-related cases at 20 Bangladesh state-run banks and FIs, with Janata Bank alone accounting for Tk 1.11 trillion across 13,000 cases.

Economy & Finance Jul 26, 2026

IFIC Bank Holds BAMLCO Conference to Strengthen Anti-Money Laundering Compliance

IFIC Bank has held a conference for its Branch Anti-Money Laundering Compliance Officers (BAMLCOs) to strengthen anti-money laundering and counter-terrorism financing compliance across its network.

Economy & Finance Sep 06, 2026

National Bank Seeks to Appoint Abu Jafar as MD Amid ACC Corruption Probe

National Bank seeks Abu Jafar as MD amid ACC investigation into embezzlement and money laundering allegations. BB yet to decide on approval.

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