Distressed assets in Bangladesh’s banking sector surpassed Tk 6.75 lakh crore at the end of FY24, an amount equivalent to the cost of 13.5 Dhaka Metro systems or 22.5 Padma Bridges, according to ...
The White Paper on the state of Bangladesh's economy has ranked the banking sector as the most "corruption-ravaged" sector, identifying the culprits within the system as "heavyweights", leading to ...
Commercial banks want the Central Bank of Kenya (CBK) to deliver a major rate cut, anchoring a faster decline in loan rates. Kenya Bankers Association (KBA), the industry’s lobby, argues inflation has ...
Britain’s banks may be putting extra money aside to cover bad loans due to confusion around the country’s faulty labour market data. Read more at The Business Times.