Alternative dispute resolution (ADR) should be used to curb the spiralling bad loans, which pose a serious challenge for the banking sector as well as the economy, analysts said yesterday. “To reduce the number of cases in the banking industry and bring …
Bangladesh's money market has been volatile due to the deepening problems in the banking sector, analysts said yesterday. The problems include: liquidity crisis, non-performing loans, growing gap between lending and deposit growth, widening current …
A slight mistrust towards the country's banking sector has recently emerged in people's minds, which is an “ominous sign” for banks, said Bangladesh Bank Governor Fazle Kabir yesterday. The banks have to take appropriate measures to ensure …
A slight mistrust has been created among the people over the country’s banking sector in recent time, which is an “ominous sign” for the banks, Bangladesh Bank Governor Fazle Kabir said today. The banks have to take measures to ensure the corporate …
The appointment of independent directors is essential for listed companies in order to ensure good corporate governance. One of the main reasons behind appointing independent directors is to ensure objectivity so that they can evaluate the performance and …
Some ruling Awami League and opposition Jatiya Party lawmakers yesterday came down hard on the finance minister for his total silence in his budget speech on the widespread irregularities in the banking sector. Six of the seven MPs who took part in the …
The government should update the companies act to ensure a business-friendly atmosphere in Bangladesh, speakers told a seminar yesterday. “A comprehensive companies act should be formulated to ensure transparency and accountability,” said one of the …
Two companies and two individuals were honoured yesterday at the 17th edition of the Bangladesh Business Awards for their extraordinary success and contribution to the economy. M Anis Ud Dowla, chairman of ACI Limited, was crowned the Business Person of …
Bangladesh's corporate houses' reluctance to draw capital from bond market is causing pressure on overall banking sector and pushing the bond market to remain in its weak status. Complex taxation system, unavailability of new products and hazy …
The banking sector, which is currently going through choppy waters thanks to rising loan irregularities and deteriorating corporate governance, is being enabled by those who were supposed to keep it in check, said the Centre for Policy Dialogue. “Now I …
Some 219 directors of 78 listed companies have failed to hold the requisite minimum 2 percent shares of their companies and yet no actions were taken against them in the last seven years. With a view to enhancing the directors' commitment towards the …
When some local banks are struggling to survive amid rising loan irregularities and deteriorating governance, City Bank stands tall with a difference, be it adoption of technology, consumer and retail banking and ensuring global standards. Compliance and …
The International Monetary Fund yesterday called for strengthening of internal control, compliance and risk management to avoid financial scams in the banking sector. Judicial reforms should be implemented to expedite loan recovery in reducing the …
The high non-performing loan ratio remains a key concern for the banking sector, said a country paper on Bangladesh that was presented at a conference yesterday. Between 2014 and 2018, the NPL ratio has been hovering above the 10-percent mark, according …
Prices of oil, petrol remain unchanged in latest adjustment The prices of oil and petrol were kept unchanged following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance on July 7. The two ministries review fuel …
By Isabelle Granger “How can policy and trade help disasters? What can the World Trade Organization do to support disasters?” These were the first questions posed by Roberto Azevêdo, Director General of the World Trade Organization, in his opening remarks …
National Bank Ltd has been instructed by the central bank to mend its financial health by this year after its major indicators deteriorated alarmingly in the first nine months of 2017. The instruction came at a meeting with the first-generation private …
NRB Commercial Bank is gunning for an operating profit of Tk 250 crore in 2018 as the embattled bank looks to shake off the image crisis that befell towards the end of last year. The fourth generation bank's operating profit in 2017 was Tk 200 crore, …
The government agencies have withdrawn their funds, amounting to Tk 500 crore, from NRB Commercial Bank recently due to media reports on its precarious financial position, the bank's Chairman Tamal SM Parvez said yesterday. He, however, claimed that …
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Veteran healthcare leader Ray Montgomery joins The SafeCare Group board LEXINGTON, KENTUCKY, USA, August 14, 2018 /EINPresswire.com/ -- The SafeCare Group® today announced the appointment of veteran healthcare leader and retired Unity Health …
The most scientific and comprehensive survey of mobile network performance, conducted by RootMetrics, by IHS Markit LONDON, LONDON, UNITED KINGDOM, August 14, 2018 /EINPresswire.com/ -- EE consolidates dominance in UK mobile performance, …
Cyber security expert to lead drive for Tosibox remote connection technology to become the norm for secure global IoT infrastructures in network management OULU, FINLAND, August 14, 2018 /EINPresswire.com/ -- IoT infrastructure security firm …
CRU Events (www.CRUgroup.com) and The African Fertilizer and Agribusiness Partnership (AFAP) are working with partners across Africa to offer brownfield projects seeking capital investment, the chance to make a showcase presentation to an audience of …
Written for senior executives, this new book delivers strategic context for changing buyer behaviors and B2B revenue growth in a digital world BOSTON, MA, UNITED STATES, August 13, 2018 /EINPresswire.com/ -- Business is strong for many …
As part of their shared mission to boost financial inclusion throughout Nigeria, Oradian (https://Oradian.com/) and the Association of Non Bank Microfinance Institution of Nigeria (ANMFIN) (www.ANMFINigeria.org/) have launched a strategic …
VANCOUVER, British Columbia, Aug. 14, 2018 (GLOBE NEWSWIRE) -- The average Canadian family spent 43 per cent of its income on taxes in 2017, more than housing, food and clothing costs combined, finds a new study released today by the Fraser Institute, an …
Chris Corrales CNC Factory Owner Addresses Cabinet Makers Association before IWF Atlanta about 3rd Generation Tech and Made in USA Benefits - IWF Bldg C #2722 ATLANTA, GEORGIA, UNITED STATES, August 13, 2018 /EINPresswire.com/ -- Chris Corrales …
Innovation Leaders Voted by IT Professionals for Flash Storage Related Products SANTA CLARA, CA, UNITED STATES, August 13, 2018 /EINPresswire.com/ -- IT Brand Pulse, a trusted source for research, data and analysis about data center …
National Car Rental ‘ding and dent’ scam victim asks IBM corporation to develop powerful solution to protect public from routine and easy-to-perpetuate scams ARMONK, NEW YORK, UNITED STATES OF AMERICA, August 13, 2018 /EINPresswire.com/ -- …
Download logo The Portfolio Committee on Basic Education will over the next week visit North West Province to among other things assess the state of readiness of the department to deliver the upcoming National Senior Certificate. The visit forms part of …
Download logo The National Assembly is returning from its constituency programme on 14 August, with a number of committees scheduled to meet on a wide range of business. The National Council of Provinces, which returned from constituency work at the end …
IntelliBoard expands team to support IntelliCart enrollment and payment plugin for the Moodle LMS MONROE, CT, USA, August 13, 2018 /EINPresswire.com/ -- IntelliBoard, the premier reporting and analytics plugin and Premium Integrator for the …
HOUSTON, TEXAS, UNITED STATES , August 13, 2018 /EINPresswire.com/ -- On July 27th, the Hyperlinks Media team exited the doors of their Katy office location for the last time. “The office served us well for many years, but we had outgrown it and …
Download logo The Minister for Public Service and Administration, Ms. Ayanda Dlodlo has today, Friday, 10 August 2018, noted with concern, reports from the Mail and Guardian newspaper and other media houses who latched on to this story, that government …
Co-founder EXMO Ivan Petukhovsky and Founder of Bitcoin Gold Martin Kuvandzhiev have signed the agreement on the 11th of August at Geek Picnic in Moscow. MOSCOW, RUSSIAN FEDERATION, RUSSIAN FEDERATION, August 13, 2018 /EINPresswire.com/ -- …
Upcoming deadline in 2 weeks for Essay Competition based on Deron Castro Memorial Scholarship, announced by his colleague Patrick Megaro Halscott Megaro PA (N/A:N/A) ORLANDO, FLORIDA, UNITED STATES, August 13, 2018 /EINPresswire.com/ …
CHICAGO, IL, UNITED STATES, August 13, 2018 /EINPresswire.com/ -- Coworking company Level Office has announced its rebranding as Novel Coworking, a name that more accurately represents the company’s goal of partnering with clients to provide the …
Download logo Joint Communique on The Occasion of the Working Visit of The South African President to The Democratic Republic of Congo: 1. His Excellency Joseph KABILA KABANGE, President of the Democratic Republic of Congo, received His Excellency Cyril …
Barclays, JP Morgan, Lloyds Banking Group, Morgan Stanley, Northern Trust and RBS are amongst the organisations who’ll gather at AIFS EU 2018, London Nov 28th LONDON, UK, August 13, 2018 /EINPresswire.com/ -- At the AFME support AIFS EU 2018, …
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