Banking sector

Banking sector

Tk92,000cr default loan cases resolved with just 25% recovery

Tk92,000cr default loan cases resolved with just 25% recovery

Bankers have attributed the poor recovery of the non-performing loans to the overvaluation of mortgaged assets and various irregularities in loan disbursements

Islamic banks’ excess liquidity drops 88% amid deposit concerns

Islamic banks’ excess liquidity drops 88% amid deposit concerns

Shah A Sarwar, managing director and chief executive officer of IFIC Bank. Illustration: TBS

Our target is to create one-crore depositor base: IFIC Bank MD

Photo: Courtesy

Faruq Mayeenuddin elected vice chairperson of BRAC Bank

Private commercial banks with big impact

Private commercial banks with big impact

Banks launching new apps, exchange houses to boost remittance

Banks launching new apps, exchange houses to boost remittance

'Brac Bank plans to double its business by 2026'

'Brac Bank plans to double its business by 2026'

Illustration: TBS

Govt banks attract more deposits with timely return guarantee

Tarique Afzal. Sketch: TBS

AB Bank targets lending to 70,000 farmers this year

Syed Mahbubur Rahman. Sketch: TBS

Reducing default loans will be challenging for banks

How digital innovation helped banks stand strong amid a global crisis

How digital innovation helped banks stand strong amid a global crisis

Average deposit rate reach 4.38% in April – highest in 25 months

Average deposit rate reach 4.38% in April – highest in 25 months

Illustration: TBS

Neobanking is going to be the next banking sector revolution