Deposit and Lending Rates Rise in Q4 2024 as Some Banks Adopt Aggressive Strategies
The weighted average interest rates on both deposits and advances increased during the fourth quarter (October-December) of 2024, according to …
Updates
Updates
Agrani Bank Hosts Managers’ Conference in Rajshahi
Agrani Bank recently held the Rajshahi Circle Managers’ Conference to evaluate the progress of its 2025 business plan. The key …
Prime Bank Achieves Record Tk700 Crore Profit in 2024
Prime Bank, a leading second-generation private sector lender in Bangladesh, has reached a significant financial milestone by reporting a consolidated …
NCC Bank Introduces Four New Women’s Banking Products Under Parama
NCC Bank has unveiled four new banking products aimed at empowering women and promoting financial inclusion in the national economy. …
TD Bank to Close Branches in New Jersey: What You Need to Know
New Jersey residents may soon face fewer banking options as TD Bank plans to close nearly 40 branches, including several …
Moody’s Downgrades Bangladesh’s Banking Outlook to Negative
Moody’s Ratings has revised its outlook for Bangladesh’s banking sector from “stable” to “negative”, citing escalating asset risks and worsening …
Banks with over 10% NPLs face dividend ban for 2025
The Bangladesh Bank has introduced a set of stringent regulations aimed at tightening the rules for dividend distribution in the …
Central Bank to Print Tk2,500 Crore More to Support Two Troubled Banks
Governor Ahsan H Mansur has sanctioned an additional Tk2,500 crore in liquidity support for the financially distressed Social Islami Bank …
Bangladesh Bank Reconstitutes Boards of Three Private Banks
Bangladesh Bank (BB) has restructured the boards of directors of three private commercial banks today. The affected banks include NRB …
NCC Bank Launches Islamic Banking Window at Motijheel Main Branch
NCC Bank has recently inaugurated its Islamic Banking Window at the Motijheel main branch, marking a significant step in its …