Default loans in the banking sector shot to a historic high at the end of June this year owing to rising non-performing loans (NPLs) at state-owned commercial banks, said Bangladesh Bank (BB ...

Resilience in the banking sector will be affected significantly if the top three borrowers default on their loans, as per the financial stability assessment report of the Bangladesh Bank.

A fair resolution and “full independent investigation” is required for the loan charge to avoid “another Post Office Horizon scandal”, MPs have warned the Government. The controversial tax ...

The government has signed a $71 million loan agreement with the Asian Development Bank (ADB ... signed the agreement on behalf of Bangladesh, while Edimon Ginting, country director of the Bangladesh ...

Bilateral debts accounted for 40% of Bangladesh's external debt stock in FY23, up from 31% in FY20. Economic Relations Division data show as of 30 June 2023, borrowing from multilateral sources ...

World Bank Group member International Finance Corporation (IFC) has proposed a senior loan of up to $50 million to Bangladeshi lender City Bank PLC, according to a disclosure. Subscribe now to enjoy ...

India Post, which operates the post offices in our country, offers post office FD interest rates of 6.90% – 7.50% p.a. for tenures ranging from 1 year to 5 years. The interest rate on Post Office Tax ...

Stockbrokers expect a stampede by small investors eager to profit from the privatisation of Royal Mail. The share price will not be known until the offer has closed and the minimum application is ...

Sub-postmasters were today considering a restructuring plan which could lead to the closure of 3,000 post offices in towns and cities across the UK. Grants of up to £10,000 are set to be offered ...

Foreign affairs: Bangladesh Prime Minister Sheikh Hasina will visit Thailand from April 24 to 29, government spokesman Chai Wacharonke said yesterday. Ms Hasina is coming to visit under an ...

Post Office investigators feared there would be a “world of trouble” if the company lost a court case based on Horizon failings, an inquiry has heard. The Horizon IT inquiry was shown an email ...