Bank & Insurance

Debt collection virtually stopped: Bank reinvestment is declining

The investment in the banking sector is around Rs 2 lakh crore in two sectors. And between these two sectors there is about 1...

Panic in small private banks for salary cut

Four banks finally have implemented salary cut initiatives to adjust operation losses driven from coronavirus pandemic that halted business for about three months. At latest...

350 directors of 25 private banks will get about Tk 1000 crore as dividend

Directors of 25 private banks hold 40.34 percent shares of the listed banks will get a total cash dividend of Tk 913.66 crore this...

AB Bank to sell Paradise Group property to recover Tk 195 crore default loan

Family conflict, mismanagement, unplanned investment drowned once reputed Paradise Cables Limited and forced the company defaulted Tk 195 of the AB Bank Limited. Paradise Cable...

BaB request gov to withdraw excise duty on deposit

The Bangladesh Association of Banks (BAB), an association of private bank entrepreneurs, has requested that the proposed budget increase in excise duty on bank...

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