AKM Zamir Uddin

April 28, 2022
April 28, 2022

Islamic Finance asked to form search panel

In a rare move, the Bangladesh Bank has asked Islamic Finance and Investment Ltd (IFIL) to form a search committee for the appointment of a managing director at the non-bank financial institution.

April 27, 2022
April 27, 2022

Private credit growth rises 11.3pc in March

Private sector credit growth in Bangladesh accelerated to 11.29 per cent in March, the highest in three years, spurred by high commodity imports ahead of Ramadan and Eid-ul-Fitr, the biggest sales...

April 26, 2022
April 26, 2022

Default loan rescheduling falls to 7-year low

Rescheduling of default loans fell to a seven-year low in 2021, riding on a moratorium extended by the Bangladesh Bank to protect borrowers from the economic shocks arising from the coronavirus...

April 25, 2022
April 25, 2022

FDI goes up but lower than expected

Foreign direct investment to Bangladesh rose 13 per cent year-on-year to $2.89 billion last year, in a positive development for an economy long looking to increase the flow of external funds to...

April 19, 2022
April 19, 2022

Non-bank interest cap goes against global trends

The Bangladesh Bank yesterday imposed an interest rate cap on deposits and loans at non-bank financial institutions aligning with the ceiling now prevailing at banks although rates are rising...

April 14, 2022
April 14, 2022

Loan Scam: BB slaps credit card ban on Sikders

Bangladesh Bank yesterday banned 10 members of Sikder family and  two officials of Sikder Group from using international credit cards for two years as they took loans from National Bank Ltd beyond...

April 13, 2022
April 13, 2022

BB Cyber Heist: Case against Filipino business dismissed

A top United States court has dismissed a Bangladesh Bank case against a Philippines business entity, which was accused in the unprecedented cyber-heist faced by the central bank six years ago,...

April 12, 2022
April 12, 2022

Banks asked to curb non-essential imports

The Bangladesh Bank yesterday ordered banks to immediately adopt strict measures to discourage imports of non-essential items in a bid to rein in the escalating import payments and avert any...

April 12, 2022
April 12, 2022

Scams, higher expenses keep 9 banks in the red

Nine banks, including four state lenders, suffered net losses in 2021, largely as a consequence of financial scams that forced them to set aside higher provisioning.

April 11, 2022
April 11, 2022

Lending leaping thru agent banking

Banks had initially focused on using agent banking platforms to mobilise deposits from rural areas, for which lending took a back seat.