Bank & Finance

Rafiqul Islam Azad: Commercial banks in Bangladesh are encouraging short-term loans for different reasons, including low risk, high profit, and liquidity crunch. As part of the strategy, the banks are moving away from the culture of long-term loans, considering the interest rate intelligently, the possibility of future interest rate increases,…

Power sector Mahfuja Mukul: About $14 billion hard term loan borrowed for the power sector has become a big challenge for Bangladesh to repay on time. Moreover, the interest rate has increased almost 3 percent than the time of borrowing. These have created one kind of uncertainty in timely payment…

Fear of cyber attacks Zarif Mahmud: Bangladesh Bank has directed banks and financial institutions to give highest priority to the protection of their data or databases in order to deal with possible cyber-attacks. At the same time, banks have been asked to monitor 24-hour online transactions, transactions through ATM booths,…

But things are not rosy Mahfuja Mukul: Most of the banks in Bangladesh have implemented the Basel III guidelines within the deadline of 2019.Basel III is an internationally agreed set of measures developed by the Basel Committee on Banking Supervision in response to the financial crisis of 2007-09 with the…

The performance ranking of banks Industry Report: Review the key components of CAMELS rating, understand their meaning and their application to commercial banks. There are six elements:Capital adequacyAsset qualityManagement efficiencyEarningsLiquiditySensitivity to the market riskPurpose of CAMELS ratingsThe purpose of CAMELS ratings is to determine a bank’s overall condition and to…

ACC couldn’t bring back any money from abroad Zarif Mahmud: No one has the will to catch the bankers and corrupt businessmen. In this list, there are many influential people starting from the owner-manager of the bank. They embezzled thousands of crores of taka. A large part of the stolen…