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news thumbnail 1765172115637 Governor pushes for restructuring amid record NPL surge

Governor pushes for restructuring amid record NPL surge

After the change of government, the true extent of non-performing loans (NPLs), kept hidden for years, has come to light, prompting the central bank to instruct commercial bank managing directors to implement restructuring and partial write-off measures. At a meeting with bankers, Bangladesh Bank Governor Ahsan H Mansur stated that NPLs had reached Tk 6.44 […]
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Banks Rush to Recover Defaulted Loans with Nearly 15000 Cases in Three Months Nearly 15,000 Cases in Three Months as Banks Intensify Defaulted Loan Recovery

Nearly 15,000 Cases in Three Months as Banks Intensify Defaulted Loan Recovery

The long-standing practice of masking defaulted loans through policy support has effectively ended following the change of government, exposing the true scale of financial stress within Bangladesh’s banking sector. With this protective layer removed, the volume of classified loans has surged into full view, pushing the total value of defaulted loans close to Tk 650,000 […]
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news thumbnail 1765165811104 Banking Crisis Leaves Depositors Unable to Access Savings

Banking Crisis Leaves Depositors Unable to Access Savings

Despite a year passing since the political shift, the banking sector has yet to regain normalcy, leaving many depositors unable to withdraw money when required. Bangladesh Bank insists that transactions will stabilise soon, though economists warn that solving the crisis with government funding without punishing loan defaulters will not yield sustainable results. Depositor Monir Hossain […]
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Bangladeshi Exporters Sweep Major HSBC Awards — Find Out Who Made the List Bangladeshi Exporters Sweep Major HSBC Awards — Find Out Who Made the List!

Bangladeshi Exporters Sweep Major HSBC Awards — Find Out Who Made the List!

Four Bangladeshi industrial enterprises have been recognised with the prestigious HSBC Export Excellence Award for their contributions to the country’s export sector and their commitment to sustainable development. The Hongkong and Shanghai Banking Corporation (HSBC) conferred the awards for the ninth time at a ceremony held on Sunday evening at the Radisson Blu Hotel in […]
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Six Students Win Appeals and Re enter Heated JnU Election Battle Six Students Win Appeals and Re-enter Heated JnU Election Battle

Six Students Win Appeals and Re-enter Heated JnU Election Battle

Six students of Jagannath University (JnU) have regained their candidacy in the Jagannath University Central Students’ Union (JACSU) elections following the successful submission of appeals against the cancellation of their nomination papers. The development was confirmed on Sunday through an official notification signed by the University’s Acting Registrar, Md Sheikh Gias Uddin. According to the […]
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Teknaf UP Member Accused in High Profile Teknaf UP Member Accused in High-Profile Murder Case Dies in Hospital Under Police Custody

Teknaf UP Member Accused in High-Profile Murder Case Dies in Hospital Under Police Custody

A Union Parishad member accused in a sensational murder case in Cox’s Bazar’s Teknaf has died while under police custody, raising numerous questions and turning public attention back to the already controversial investigation. Rezaul Karim, aged 36, passed away at Cox’s Bazar Sadar Hospital at approximately 7:30am on Sunday, according to Teknaf Police Station’s Officer-in-Charge […]
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