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...
Local bank will issue international debit cards soon
Bangladesh Bank has granted the local banks permission to issue international debit cards for the first time. The banks will be able to issue...
Many banks may became commercially unviable for lending rate cap.
The central bank move to cap lending rates at 9% and the pandemic fallout is now colliding with a weak financial system that may...
Bankers worry over salary reductions
Private banks have started walking on the path of reducing the salaries of the employees to cover the loss of corona. Many have already...