Bank & Insurance

Corporate Scandal; Sikder Group owners ‘shot and tortured’ Exim Bank MD over loan

Two directors of Sikder Group forced Exim Bank's Managing Director (MD) Mohammad Haider Ali Mia and Additional MD Mohammad Firoz Hossain for higher valuation...

Micro lenders are in hardship;  considered as engine for economic activities resumption

Microfinance organizations are facing severe liquidity crunch as depositors withdrew their money and Govt. suspended collection of loan installments for coronavirus pandemic. However, Microcredit Regulatory...

Payment of mega projects made from bank loan

State owned banks are purchasing huge amount of Dollar from Bangladesh Bank for meeting government expenses of mega projects as supply of dollar reduced...

Buying Mashrafee’s bracelet by BLFCA a PR Stunt

While over 10,000 depositors of eight leasing companies are screaming to get their money back, the leasing bosses bought Mashrafee’s Bracelet at a cost...

Govt. banks to Loss 7700 crore; seek stimulus under bond facility

Government banks projected over Tk 7700 crore losses due mainly for suspension of interest and non-payment of loan installments. The central bank kept suspended interest...

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