Saturday, April 20, 2024

11 banks hold 74.25pc classified loan

The country’s 11 banks held 74.25 per cent default loans of the banking sector as of December 31, 2012 as a significant amount of loans has been classified by the banks due to recent banking scams, said Bangladesh Bank officials. The 11 banks including four state-owned banks and three specialised banks are Sonali Bank, Janata Bank, ... Read more

Banks post healthy operating profits

The country’s scheduled banks in the just concluded year posted healthy operating profits despite debacle in the capital market, liquidity crisis, lower loan disbursement and a stagnation condition in opening and settling of letter of credits for import. A BB official told New Age on Monday that although the growth in profits in 2012 was not